Which is an insured under a CGL?

The take away is that the “insured” under a CGL policy includes not only the named insured on the Declarations page, but also several others, so long as they are engaged in conduct that is related to the named insured's business.

What is CGL insurance Canada?

Commercial General Liability Insurance helps to protect your business from potential devastating monetary loss arising from such a lawsuit. The chances of a business getting sued for bodily injury, personal injury or property damage to a third party have dramatically increased.

Who is considered the insured?

Insured is a generic term that refers to any person or entity legally entitled to receive the benefits of an insurance policy, typically claim payments. Insurers make payments to insureds after they experience a covered loss, damage, or an injury that qualifies for payment under the policy's terms.

What is covered under a commercial general liability policy?

What is covered? Commercial General Liability covers legal liability of the insured due to bodily injury or property damage. These are some types of coverage provided: Broad Public/General Liability cover for bodily injury or property damage incurred on your premises and/or as a result of your business operations.

What are the 2 major Sublines in a CGL policy?

There are two major sublines: One is a broad premises/operations subline and the other subline is for products and completed operations.

What does CGL cover Canada?

CGL insurance covers damages and legal costs for incidents caused by negligence or accident. You need this insurance if you rent or own office space, or have clients who visit your home. You also should have it if you visit clients at their office or home.

What is a CGL policy in insurance?

Commercial General Liability covers legal liability of the insured due to bodily injury or property damage. These are some types of coverage provided: Broad Public/General Liability cover for bodily injury or property damage incurred on your premises and/or as a result of your business operations.

Who is an insured under the CGL?

A Commercial General Liability (CGL) policy protects your business from financial loss should you be liable for property damage or personal and advertising injury caused by your services, business operations or your employees. It covers non-professional negligent acts.

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