What Does General Liability Insurance Cover?
General liability insurance (GLI) is essential for businesses of all sizes, providing a range of protections against various claims. Here are the primary coverages included:
- Bodily Injury: Covers medical expenses and legal fees if a third party suffers bodily harm on your business premises or due to your business operations.
- Property Damage: Protects against claims for damages to someone else's property caused by your business activities or employees.
- Personal and Advertising Injury: Includes coverage for legal claims resulting from slander, libel, or copyright infringement related to advertisements.
- Medical Payments: Provides coverage for medical costs incurred by third parties injured on your business property, regardless of who is at fault.
- Legal Defense Costs: Covers attorney fees and court costs for defending against covered claims.
Overall, general liability insurance protects businesses from the financial fallout of common risks, helping to ensure ongoing operations and peace of mind.