.png){kind=icon}
CGL policy protects your business from legal accountabilities involving compensation to stakeholders is termed as commercial general liability insurance. All organizations require this insurance to safeguard their business and financial interests. Any claims made against public liability as well as product liability are covered under a commercial general liability insurance policy.
Say, for example, a client visits your manufacturing facility and while taking a look around the premises, he trips over some tools that are loosely placed on the floor while working, which results in injury. The client can file a claim of negligence against your business and stand to receive significant compensation. Commercial general liability insurance can help avert such financial losses for your organisation.