What is CGL?
Comprehensive General Liability or CGL for short transfers financial and legal liabilities from the insured to the insurer. It pays for liabilities of the assured from damages to third-party properties and injuries to third parties arising from the business operation.
Coverage
Pacific Union’s basic CGL protection covers the following:
- Bodily Injury
- Property Damage
- Defense, Settlements & Supplementary Payments
Bodily Injury
Bodily injury covers the insured against the legal liabilities he or she incurs against injuries. It can even cover the death of a third party caused by accidents arising out of any of the hazards insured against.
Property Damage
This basic protection covers the insured against the legal liabilities he or she incurs against damages belonging to third parties including its loss of use caused by accidents and arising out of any of the hazards insured against.
Defense, Settlements & Supplementary Payments
Finally, our CGL policy offers additional benefits that include coverage for legal defense costs, medical expenses, and settlements or judgments.
For more information, you may contact us at any of our social media platforms or send us an email at admin@puicinsurance.com
