Comprehensive General Liability

Comprehensive General Liability insurance, commonly referred to as CGL insurance, provides a comprehensive shield for businesses and organizations against a wide range of liabilities that may arise during the operations. This all-encompassing insurance coverage is designed to safeguard policyholders from losses or damages resulting from bodily injury and property damage claims brought against them by third parties. The coverage typically includes legal defense costs, settlements, and judgments up to the limits of the policy.

Underwriting Information for
Comprehensive General Liability Insurance

• Description of the nature of the business operations
• Detailed scope of works
• Annual revenue/ turnover/ contract value/ fees
• Period of insurance/ Contract period
• The geographic location
• Third Party Surrounding Property - Liability assumed by the Insured
• Previous claims history
• Limits of liability required
• Policy Endorsement/ Additional Coverage

Who Needs to Maintain
Comprehensive General Liability Insurance and Why?

Businesses: Regardless of size or industry, almost all businesses should maintain CGL insurance to protect themselves from potential lawsuits and financial losses. It provides coverage for bodily injury and property damage claims that may occur on their premises or as a result of their products or services.

Contractors and Construction Companies: Construction companies and contractors are exposed to significant risks due to the nature of their work. CGL insurance can protect them from liability claims related to accidents, injuries, or property damage that may occur at a job site.

Property Owners: Property owners, including landlords and property managers, should maintain CGL insurance to protect themselves if someone is injured on their property. This coverage can also help cover legal fees in case of a lawsuit related to property-related incidents.

Event Planners: Individuals or companies organizing events, such as weddings, conferences, or parties, can benefit from CGL insurance to protect themselves from potential liabilities arising from accidents, property damage, or personal injury during the event.