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General Liability Insurance

All-inclusive coverage for your business. Safeguard against claims from operations, premises, products, or services-related liabilities.

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Coverage worth
50 Lakhs
at just
5,000*
annually

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Insurance Expert

Free Consultation

50+ years of collective insurance experience

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5,000 Cr+ of cumulative risks insured

What Is

General Liability Insurance?

Imagine you own a store, and a customer slips and falls, or your product somehow causes harm to a user - the costs of legal defense and potential settlements could be financially devastating. But with a CGL policy, you are protected against these risks. It can pay for immediate medical expenses in such cases, providing quick relief and potentially mitigating a larger claim.

It also covers personal and advertising injuries. This means if your business unintentionally infringes on someone else's copyright or is accused of libel or slander during advertising, your CGL policy has got you covered.

Because of its comprehensive nature, general liability insurance has your back. Without insurance, a single claim can be financially devastating to your business. But with the right CGL policy, you can focus on running your business and serving your customers, secure in the knowledge that you're protected against many of the risks you face every day.

Features of General Liability Insurance

Works on Occurrence Basis

Claims can be made even after a policy expires given that the incident happened within the policy’s active period.

Start Date

Claims cannot be filed for any incidents that occurred prior to the date when the coverage of the policy begins.

Insurance Period

Any incident that happens between the policy's effective date to the policy's expiration date is covered. Renewal before expiration date is essential to maintain coverage.

Who Needs

General Liability Insurance?

No matter what industry you're in or the size of the business, having general liability insurance is a smart move. Because of its comprehensive nature, this insurance policy fits most businesses that have interactions with customers. From retail shops and tech startups to large manufacturers, this policy protects against legal and financial issues from third-party claims.

General Liability Insurance is necessary for various kinds of businesses:
Retail store owners

Retail store owners

Restaurants and cafes

Restaurants and cafes

Contractors and construction companies

Contractors and construction companies

Fitness centers like gyms, yoga studios

Fitness centers like gyms, yoga studios

Cleaning services

Cleaning services

Event planning companies

Event planning companies

Tech startups

Tech startups

Manufacturers and distributors

Manufacturers and distributors

Event planners

Event planners

Professional service providers (consultants, lawyers, accountants)

Professional service providers (consultants, lawyers, accountants)

Why Get

General Liability Insurance?

We all know that accidents can happen, even when you're doing everything right. In fact, 43% of small business owners have reported being threatened with or involved in a civil lawsuit. That's when general liability insurance becomes your go-to solution. It takes care of legal defense costs, settlements, and judgments that might come up from third-party claims, helping to keep your business secure. And it doesn't stop there; it also covers personal and advertising injury claims, ensuring your reputation stays intact. With general liability insurance, you can breathe easier knowing your business has a strong safety net in place for unexpected situations.

A General Liability Insurance policy addresses claims related to

Operational accidents

Operational accidents

It covers legal fees, settlements, or judgment costs for accidents, injuries, and damages arising from your business operations, products, or services.

Third-party property damage

Third-party property damage

It safeguards your business in instances where your company or employees cause damage to a third party's property, whether through direct actions or negligence.

Bodily injury

Bodily injury

It protects your business from claims related to bodily injuries resulting from accidents on your premises or due to your business operations.

Personal and advertising injury

Personal and advertising injury

It covers claims involving defamation, libel, slander, copyright infringement, or invasion of privacy associated with your business activities, including advertising efforts that may cause harm to others.

Coverages & Exclusions in

General Liability Insurance
CoveragesExclusions
CGL insurance offers many benefits. Some of the major coverages in the insurance policy are given below -
Legal Representation Costs
These include defense expenses for providing documentation or information to investigators concerning incidents, property damage, bodily injury, or personal and advertising injury claims.
Public Relations Costs
It reimburses expenses for managing and mitigating any negative impact on your company's reputation due to covered claims.
Court Attendance Costs
It offers protection for reasonable costs and expenses incurred by attending court proceedings, hearings, trials, and depositions related to the defense of covered claims.
Crisis Communication Costs
It covers costs for hiring public relations or crisis management firms to advise on public communication strategies related to incidents, lawsuits, or allegations covered under the general liability insurance policy.

General Liability Claims Examples

Incident 1Incident 2
Slip and Fall at Retail Store
Incident
A customer slipped on a wet floor in a store and got injured, needing medical treatment. This has caused bodily injury from an accident on the business premises.
Resolution
The insurer covered medical expenses and legal defense costs, saving the store owner from a big financial hit.

About General Liability Insurance

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Your Story
Indore-based BimaKavach caters to the Business Insurance needs of Small & Medium Enterprises

This is an article by YouStory written by Palak Agarwal and published on October, 2022

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