General Liability Insurance
Coverage that protects your business from claims of bodily injury, property damage, and advertising injury caused by your operations or products. It is one of the most fundamental types of business insurance. Almost every business, from freelancers to large corporations, needs general liability coverage.
Real-World Example
A customer slipped on a wet floor in a retail store. The store's general liability insurance covered the customer's medical bills and legal fees.
Related Terms
Disclaimer: This glossary entry is for informational purposes only and does not constitute financial or insurance advice. Consult with a licensed insurance professional for personalized guidance. GuardianChoices may earn affiliate commissions from links on this site — see our advertiser disclosure.
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