Commercial general liability coverage is a standard insurance policy issued to business organizations to protect them against third-party claims for bodily injury, property damage, advertising, and/or personal injury. A claim can arise from all aspects of your organization’s business, including premises, services, products, and completed operations.
A typical bodily injury incident would result from someone slipping and falling on the premises due to negligence of some type, such as a wet floor with no signs or a crack in the sidewalk. In these situations, a claim would be submitted to obtain payment from the insurer for coverage and damages, defense costs, supplementary payments, interest, and medical payments resulting from the incident.
Within the healthcare marketplace, this coverage is often packaged with a professional liability insurance program, which maintains separate coverage terms and conditions for the two different lines of coverage. Stand alone coverage is available in the marketplace if the coupled form is not compatible with your organization’s operations.