This policy is a type of liability insurance is hold by businesses. Comprehensive liability insurance (CGL) is a broad policy that protects the organization from liability claims related to products coverage, completed operations coverage premise and operations coverage, and independent contractors coverage.
This insurance policy is presented for contractors of construction and installation projects.
According to the conditions of the insurance policy, civil liability of contractors during implementation of project is comprehensively insured in favor of personnel and third parties.
Which risks will cover in Commercial General Liability (CGL) ?
Commercial general
liability (CGL) is a type of insurance policy that provides coverage to a business for bodily injury, personal injury and property damage caused by the business’ operations, products, or injury that occurs on the business’ premises. Commercial general liability is considered comprehensive business insurance, though it does not cover all risks a business may face.