What is general liability insurance and why do you need it?
A general liability policy helps protect your small business from claims that it caused bodily injuries and property damage. These risks can come up during normal business operations. They can get expensive for small businesses and many don't have the resources to cover a liability claim.
What is general liability insurance for small business?
General liability insurance covers common business risks like customer injury, customer property damage, and advertising injury. It protects your small business from the high costs of lawsuits and helps you qualify for leases and contracts.
What does CGL cover Canada?
A commercial general liability (CGL) policy protects your business from financial loss should you be liable for property damage, bodily injury, personal and advertising injury caused by your services, business operations or your employees.
How much does general liability insurance cost Canada?
Most small business owners will pay between $450 and $2000 per year for a general liability insurance policy with a $2M coverage limit. The exact cost of your insurance policy varies according to factors such as: Industry.
[PDF] The CGL Policy: Coverage A Concepts - Blaney McMurtry LLP
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[PDF] COMMERCIAL GENERAL LIABILITY INSURANCE
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[PDF] Protection for your Business - TD Insurance
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