Commercial General Liability Insurance

Commercial general liability insurance is a comprehensive policy that companies buy to protect themselves in case of debilitating events, such as an illness or injury suffered by an employee or damage to property. Purchasing this policy is the first step businesses take to protect their assets. This safety net is critical in a society in which the number of lawsuits and the value of judgment awards have increased over the years.

In a Lakhani, commercial general liability insurance, or CGL, is coverage that will protect your business in the event that you are sued. Commercial general liability insurance is often used to cover claims against your business for injury or property damage. Typical examples include if a customer is injured at your place of business, or say an employee damages property at a client's site.

Without a commercial general liability insurance policy, you are leaving yourself and your company vulnerable to lawsuits that could have a devastating impact on your business. It is, unfortunately, a necessary cost of doing business because the likelihood of being sued is more common than you might think. It is for this reason that commercial general liability insurance is one of the most popular business insurance products sought after by business owners.

Lakhani provides General Liability Insurance or Commercial General Liability (CGL) policy that provides comprehensive coverage faced by an organization against liability losses arising out of legal wrongs or torts which may result from bodily injury and property damage. An unintentional injury to a person or property as a result of negligence is the primary scope of a General Liability Insurance or Commercial General Liability (CGL) policy. Commercial General Liability is a modular policy that can provide coverage in several combinations.