Covers medical expenses, legal fees, and other costs if someone is injured on your business premises or due to your business operations. This includes injuries to customers, clients, or visitors.
Protects your business against claims for damage to someone else’s property caused by your business activities. This includes incidents like accidental damage to a client’s property while performing services.
Personal and Advertising Injury
Provides coverage for claims related to libel, slander, copyright infringement, and false advertising. This helps protect your business from legal disputes over marketing and advertising practices.
Legal Defense Costs
Covers the cost of legal defense if your business is sued, including attorney fees, court costs, and settlements or judgments. This ensures that your business can afford adequate legal representation.
Pays for medical expenses if someone is injured on your business premises, regardless of who is at fault. This coverage is designed to quickly address smaller medical claims without requiring a lawsuit.
Completed Operations
Protects against claims of property damage or bodily injury that occur after a project has been completed or a service has been delivered. This is particularly important for contractors and service providers.
Covers claims related to injury or damage caused by products your business manufactures, sells, or distributes. This is essential for businesses involved in producing or selling physical goods.
Damage to Rented Premises
Provides coverage for damage to property you rent for your business operations, such as office space or retail locations. This ensures you can cover repair costs if your business accidentally damages the rented property.
Example Scenarios Covered by General Liability Insurance
- A customer slips and falls in your store, resulting in medical expenses and a potential lawsuit.
- Your employee accidentally damages a client’s property while on a service call.
- A competitor claims your advertising practices are defamatory and files a lawsuit.
- A completed project results in property damage, and the client sues for compensation.
General Liability Insurance provides essential protection for a wide range of potential risks, ensuring that your business can operate smoothly without the constant worry of financial loss due to unforeseen incidents. It is a critical component of any comprehensive business insurance plan.
