Comprehensive General Liability (CGL) Insurance
Overview
Comprehensive General Liability (CGL) Insurance protects businesses and property owners in the Philippines against legal liabilities arising from bodily injury, property damage, and related claims caused to third parties during business operations. It helps cover legal defense costs, settlements, and compensation, ensuring financial stability and compliance with contractual requirements.
Who Should Be Covered
- Business owners and SMEs
- Retail stores, restaurants, and service providers
- Office buildings and commercial property owners
- Contractors and subcontractors
- Manufacturers and distributors
- Event organizers and exhibitors
- Landlords and lessors
Scope of Coverage
1. Bodily Injury Liability
- Injury or death of third parties arising from business operations
- Medical expenses and legal compensation
2. Property Damage Liability
- Damage to third-party property caused by business activities
- Repair or replacement costs
3. Legal Defense and Settlement Costs
- Attorney’s fees and court expenses
- Settlement or judgment costs
4. Products and Completed Operations
- Claims arising from defective products
- Liability after project or service completion
5. Premises and Operations Coverage
- Accidents occurring within business premises
- Incidents during day-to-day operations
6. Optional Extensions
- Contractual liability
- Tenant’s liability
- Event-specific coverage
Key Features
- Broad protection against third-party claims
- Coverage tailored to business type and risk exposure
- Accepted by landlords, clients, and government entities
- Flexible limits and optional policy extensions
- Reliable claims handling and legal support
Benefits of Comprehensive General Liability Insurance
- Financial protection from costly lawsuits and claims
- Coverage for legal defense and compensation expenses
- Reduced financial risk from accidents and incidents
- Protection of business reputation and continuity
- Peace of mind for business owners and stakeholders
Why Choose Comprehensive General Liability Insurance
- Essential for Philippine Businesses – Commonly required by landlords, clients, and project owners before awarding contracts.
- Protection Against Costly Legal Claims – Shields your business from unexpected third-party injury or property damage claims.
- Supports Business Credibility – Demonstrates professionalism and risk responsibility to partners and customers.
- Flexible Coverage for Various Industries – Suitable for retail, construction, manufacturing, services, and events.
- Ensures Business Continuity – Helps prevent financial strain from lawsuits and operational disruptions.
- Compliance with Contractual Requirements – Meets liability insurance provisions in commercial agreements.