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I want to know the purpose of Commercial General Liability (CGL) policy so will you please tell me?

[prince karak]

Commercial general liability CGL Insurance is a broad type of insurance policy which provides liability insurance for general business risks.

Commercial General Liability (CGL) is the specific name for a policy of this type in the United States insurance market.

It is a standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.

The typical Commercial General Liability (CGL) policy provides protection against claims of bodily injury or property damage for which your business may be liable.

It covers a wide range of Liability loss exposures faced by most organisations; it is the foundation for most organisations’ Liability insurance programs.

It specifically excludes certain types of risks, including professional services, pollution, liquor, and directors and officers liability, and separate insurance policies are available to cover these situations.

Comprehensive General Liability provides comprehensive protection against:

Coverage A – Bodily injury and Property Damage
Coverage B – Personal and Advertising injury
Coverage C – Medical Expenses
Supplementary Payments

Covered Exposures

Premises Liability
Operations Liability
Products Liability
Completed Operations Liability
Duty to Defend Form
Coverage for defense costs apart from damages