What is General Liability insurance?

General Liability (GL) insurance:

• covers businesses for loss or damage that a third party suffers (or claims to have suffered) as a result of the insured's business activities.

General Liability insurance provides protection against legal liability, including defence costs, in the event that someone is injured or has their property damaged while the Insured's business is providing a service to them. This type of insurance covers incidents that occur not only on the business premises but also at external locations.

What is Product Liability?

This is usually included in the insured's General Liability policy and is important if the insured sells products or equipment to customers. It will provide cover for claims for bodily injury or property damage arising from the failure of goods sold or supplied by the Insured's business.