Commercial General Liability Insurance
/kəˈmɜːrʃəl ˈdʒɛnərəl laɪəˈbɪləti ɪnˈʃʊərəns/
Definitions
- (n.) An insurance policy that protects businesses against claims of bodily injury, property damage, and personal injury liability arising from their operations, products, or injury occurring on their premises.
The company purchased commercial general liability insurance to cover potential lawsuits stemming from customer injuries on site.
Forms
- commercial general liability insurance
Related terms
See also
Commentary
This term encompasses broad liability coverage in commercial settings, often essential for risk management and contract compliance in business law.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.