commercial general liability policy CGL

The commercial general liability (CGL) policy is a standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.

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Additional Information

The CGL policy was introduced in 1986 and replaced the "comprehensive" general liability policy.



comprehensive general liability policy

Related Terms

Casualty insurance is primarily concerned with the losses caused by injuries to persons and legal...

Contractual liability insurance covers liability of the insured assumed in a contract.