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If you are doing business or running a company or a commercial establishment, it is vital that you secure it against liability by opting for some form of liability insurance. Commercial general liability insurance protects you and your commercial business by covering you against damages claimed by your clients or individuals with whom you relate to in business or during the course of business.
There are many forms of liability that your business might incur which include liability for personal or bodily injury suffered by your customers at your place of business or due to faulty goods and services that were offered. You could also be sued if your employee happens to suffer injury while working for you and a claim for workmen's compensation might be pursued against you and your organization.
These include claims for personal injury or bodily injury suffered by a customer at your place of business or a claim arising out of faulty goods and service delivery. There might be also instances when you might face a worker's compensation claim for injuries suffered at the workplace by your employees.
The most common causes for liability claims are usually slip and fall accidents in which customers are involved and which take place at your place of business as well as accidents that involve your employees during their course of employment with you.
General liability insurance offers you protection against different kinds of liabilities namely, personal injury claims including bodily injury, claims for property damage and damages for advertising injury. The advantage is that regardless of whether the claim is false or valid, you stand to gain from the protection offered by the policy and would not have to pay millions as a settlement in the court.
There is always something to fall back on even in the worst situation. General liability coverage protects you and your business from the back lash of litigation.
There are many forms of liability that your business might incur which include liability for personal or bodily injury suffered by your customers at your place of business or due to faulty goods and services that were offered. You could also be sued if your employee happens to suffer injury while working for you and a claim for workmen's compensation might be pursued against you and your organization.
These include claims for personal injury or bodily injury suffered by a customer at your place of business or a claim arising out of faulty goods and service delivery. There might be also instances when you might face a worker's compensation claim for injuries suffered at the workplace by your employees.
The most common causes for liability claims are usually slip and fall accidents in which customers are involved and which take place at your place of business as well as accidents that involve your employees during their course of employment with you.
General liability insurance offers you protection against different kinds of liabilities namely, personal injury claims including bodily injury, claims for property damage and damages for advertising injury. The advantage is that regardless of whether the claim is false or valid, you stand to gain from the protection offered by the policy and would not have to pay millions as a settlement in the court.
There is always something to fall back on even in the worst situation. General liability coverage protects you and your business from the back lash of litigation.
About the Author:
To product your company, have a commercial liability policy. If you distribute or manufacture goods or products, you need product insurance to protect yourself from this liability.
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