General Liability Insurance

General Liability Insurance also known as Business Liability Insurance or Commercial General Liability (CGL) protects your business in the event you are sued. In other words, it is designed to cover claims of damage and injury occurs to others as a result of your business operations such as bodily injury, personal injury, or property damage.

General Liability Insurance is often combined with Errors and Omissions Insurance for a better coverage. Ai General Liability Insurance offers tailored policies to fit each insured business no matter what your organization type is.

What General Liability Insurance generally covers?

As we said before, General Liability Insurance  policies varied in detail and structure depending on your business and used to be combined with Errors and Omissions Insurance but generally speaking the coverage include:

• Bodily injured: it covers medical expense and compensation for accidents that occurs to a third party during the course of your business operation. This coverage is designed to prevent a costly lawsuit.
• Property damage: Damage to property that you are legally liable for, including rented property. It covers the cost of repairing your installations as well as any damage caused in equipment belonging to your clients.
• Defense cost: it covers the suits against you company regardless of fault.
• Personal injury: it protects your company name and reputation. Conventional General Liability insurance does not include libel and slander coverage but you can have it if you purchase a combine CGL and E&O insurance policy. It will protect you against lawsuit resulting from fails in your job. It will also cover the cost of investing allegations.

To find out more about General Liability Insurance, or to find the best coverage that fits your budget, please call at 416 484-4545 or email us at info@aibrokers.ca. Our Specialist Brokers will assist you in creating a plan to make sure your business needs are covered.

Or if you prefer, you can get a quote right now by submitting your online application here.