Comprehensive General Liability Insurance
Recommended for: people who want to be protected from possible financial and legal liability due to damage to another person's property or injury to another person arising from an accident due to negligence in connection with the conduct of their business
Benefits:1. Bodily injury
- third party bodily injury and death
2. Property damage
- third party property damage
3. Premises-operations hazard
- liability arising out of the ownership, maintenance, or use of the premises and all operations which are necessary or incidental thereto
4. Elevator hazard
- liability arising out of the ownership, maintenance, or use of any elevator
5. Independent contractors hazard
- liability arising out of operations performed for the insured by independent contractors and omissions or those in connection with the supervisory acts of the insured
6. Products hazard
- liability arising out of the consumption, handling, or use of goods manufactured, sold, handled, or distributed by the insured after he has relinquished possession of them
7. Contractual hazard
- liability that may be assumed under agreement contracts, such as in the form of Held Harmless Clauses, which appear in leases, construction contracts, or other arrangements wherein the insured agrees to assume liability which ordinarily would fall upon someone else
Eligibility:1. the named insured
2. partner
3. executive officer
4. director
5. stockholder
