Commercial general liability insurance information
Type of insurance policy
Commercial general liability insurance is a broad type of insurance policy which provides liability insurance for general business risks. In the United States insurance market this is known as Commercial General Liability (CGL).
It is the "first line" of coverage that a business typically purchases,[1] and covers many of the common risks that can happen to any type of business, such as bodily injury or property damage on the business premises or due to the business operations, personal and advertising injury, and medical payments.[2] As with other types of liability insurance, CGL insurance normally imposes on issuing insurers duties both to defend and to indemnify insureds with respect to covered claims.
CGL insurance is generally categorized as an "all-risks" type of insurance, under which it provides coverage for risks unless specifically excluded. Specific risks that are normally excluded from CGL coverage include professional services, pollution, liquor, automobile liability, and directors and officers liability,[2] with separate insurance policies being available to cover these situations. A wide variety of other coverage exclusions, extensions, limitations, and other policy terms and conditions may be included by endorsements to a CGL policy. A CGL insurance includes both public liability and product liability insurance.
^Abraham, Kenneth S. (2001-01-01). "The Rise and Fall of Commercial Liability Insurance". Virginia Law Review. 87 (1): 85–109. doi:10.2307/1073895. JSTOR 1073895.
^ ab"Commercial General Liability Insurance". III. Retrieved 2016-01-19.
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