General Liability Insurance
General Liability Insurance is a form of insurance that protects businesses from claims of bodily injury, property damage, and advertising injury caused by their products or services. It can also provide protection from claims arising from libel and slander, as well as from fire, theft, and other risks. General Liability Insurance can help protect businesses from financial losses if the court awards damages to a plaintiff in a lawsuit. It is an important form of coverage for any business and can help provide peace of mind in the event of a claim or lawsuit.
Types of General Liability Insurance
The different types of general liability insurance policies can help you protect your business from a variety of risks and liabilities. Generally, these include
- Public liability,
- Product liability,
- Professional liability,
- Employer’s liability insurance.
Public liability insurance
Public liability insurance covers claims for third-party injury or property damage caused by your business.
Product liability insurance
Product liability insurance covers claims for injury or property damage caused by a product you manufacture or sell.
Professional liability insurance
Professional liability insurance covers claims for errors and omissions in your professional services.
Employer’s liability insurance
Employer’s liability insurance covers claims for injury or illness to employees caused by your business.
Each type of insurance can provide you with financial protection in the event of a claim.