The oral statement of untrue, defamatory remarks that lower a person's esteem
in his or her community that gives rise to a legal cause of action against
the speaker. Standard commercial general liability (CGL) insurance policies apply
to slander and libel claims made against the insured. Slander is distinguishable
from libel in that slander refers to defamatory statements that are spoken,
while libel refers to defamatory statements that are written.