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General Liability Insurance is a type of insurance that provides financial protection to businesses and other entities from claims arising from bodily injury, property damage, and personal/advertising injury caused by the business, its employees, or its products/services. It also includes coverage from libel and slander lawsuits.
General Liability Insurance is a critical part of any business’s risk management program.
It helps to protect businesses from claims that could have significant financial implications and bring their operations to a standstill and can also help to ensure that businesses meet their legal and contractual obligations.
General Liability Insurance typically covers claims arising from bodily injury, property damage, and personal/advertising injury, as well as the cost of defending these claims. Depending on the policy, it can also cover contractual liabilities, such as indemnity obligations, and other business risks, such as product liability or cyber liability.
General Liability Insurance can help protect businesses from the financial costs associated with claims made against them, as well as cover any legal fees that may be incurred in defending the claims. It can also help to protect businesses from potential liabilities from third-party vendors, contractors, suppliers, or customers.
Overall, General Liability Insurance is an important coverage for businesses of all sizes and can provide peace of mind in the event of an unexpected claim or lawsuit.
General Liability Insurance can protect your business to stay in operations and avoid a shutdown from claims made.
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