General Liability Insurance
Starting and managing any king of a business posts significant risks. Effective risk management starts with recognizing the risks in all areas of your business – from management, marketing, contracts and personnel to particular the ramifications of your product or service on your customers and the market.
Under a general liability insurance policy, the insurer is obligated to pay the legal costs of a business in a covered liability claim or lawsuit. Covered liability claims include bodily injury, property damage, personal injury, and advertising injury (damage from slander or false advertising). The insurance company also covers compensatory and general damages. Punitive damages aren't covered under general liability insurance policies because they're considered to be punishment for intentional acts.
The Commercial General Liability (CGL) coverage part is used as either a stand-alone monoline policy or as part of a package policy. It provides broad comprehensive liability coverage that eliminates coverage gaps.
Contact us at (610) 584-2424 to learn more about our General Liability Insurance.
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