Commercial general liability (CGL) is a type of insurance coverage that protects a business from all sorts of risks such as bodily harm, property damage, advertising, and personal injuries.

Sorts of CGL Coverage

Occurrence

An occurrence strategy shields a business from any covered episode that occurs during the approach time frame, paying little heed to when a case emerges. This sort of insurance will cover a business regardless of whether the case comes in after the arrangement is dropped, as long as the occurrence happened inside the time span directed by the underlying approach.

Claims-Made

A claims-made approach gives coverage to claims that happen and are accounted for inside the predetermined period set out by the terms and conditions. This implies that if the strategy is dropped or the superior isn’t paid, those that come through won’t be covered, regardless of whether the occurrence happened when the arrangement was dynamic.