General Liability is one of the most common policies used today.
General liability covers claims for bodily injury or property damages. The policy provides coverage for liability issues resulting from personal injury and advertising injury, including medical expenses.
This policy covers accidents stemming from on-site mishaps, as well as any injuries or damages incurred as a result of using goods or services sold on the premises, in addition to the financial limits of the policy.
Although General Liability insurance protects businesses from a number of risk exposures, businesses are still encouraged to seek out more extensive coverages, like Errors & Omissions Insurance, Pollution Liability, or Marine Liability. One liability policy is seldom enough to protect all the aspects of a viable business venture. In many cases an excess liability or umbrella policy is necessary to increase the limits of coverage.