Some examples of claims that general liability insurance would cover include: Third-party bodily injury. A customer slips and falls in your store. Their injury forces them to go to the hospital and they sue your business for coverage of medical costs. Your insurance will cover legal fees and ...
Examples of How General Liability Insurance Can Protect Your Business: Whether a general liability insurance policy will cover you in a specific scenario depends on multiple factors, including the policy specifics, the facts surrounding the incident, and others. But the types of incidents below typic...
In fact, small businesses are likely to suffer worse implications in case of a liability claim. For this reason, it is crucial for any person running a business to purchase a standard CGL policy. Below are examples of risks your business may face if you don't cover it with CGL insurance...
General liability insurance provides important legal protection for businesses of all kinds across the country. Policies offer reimbursement for the following: Claims relating to bodily injury: If a third party, such as a customer, slips and falls on your business premises or otherwise injures themsel...
Well, professional liability insurance deals with the theoretical liabilities that your medical business might face one day. This could be along the lines of: Claims of medical malpractice Errors and omissions Claims of negligence Essentially, professional liability insurance—in the context of the medic...
She is also looking forward to presenting at the New Zealand Liability Conference in July. “I’ll be focusing on the general challenges in the coverage, liability and recovery spaces relevant to general liability claims,” she says.“I’ll also use a few recent case examples to ...
Claims stemming from negligent acts by you, others within your organization or others acting on behalf of your organization, can arise from a variety of circumstances: A product you manufacture or supply causes bodily injury and/or property damage to a third party ...
General Liability Insurance and Disease-Related ClaimsSampson, Michael H
General Liability and Property Damage. With respect to all operations performed under this contract, the Purchaser and any agents, shall carry general liability insurance having all major divisions of coverage including, but not limited to: Sample 1 Based on 2 documents SaveCopy General Liability and...
In each of these cases, a commercial general liability policy might cover the cost of hiring lawyers to defend the company or the cost of settling the claims. If a business has frequent claims against its CGL insurance, the insurer might raise the premium costs of the policy. What Damages D...