Commercial general liability insurance is a broad type of insurance policy which provides liability insurance for general business risks. Commercial General Liability is the specific name for a policy.
- Business Assets – Assetsare sometimes defined as resources or things of value that are owned by a company. Some examples of assets which are obvious and will be reported on a company’s balance sheet include: cash, accounts receivable, inventory, investments, land, buildings, and equipment.
- Merchandise – merchandisestore insurance can protect your business in many ways. While general liability coverage protects you against lawsuits brought on by customers and competitors, business personal property insurance covers the products in your store.
- Money – Insurancefor Money. Money cover protects your cash, cheques, postal and money As well as other negotiable instruments.
- Lability Obligations – Liability insurance is insurance that provides protection against claims resulting from injuries and damage to people and/or property. Liability insurance policies cover both legal costs and any legal pay-outs for which the insured would be responsible if found legally