What is a Commercial General Liability (CGL) policy?

All businesses need liability coverage to cover for liability arising from premises, general operations (on-going and after completion) and products manufactured or sold. An insured’s liability may be direct or indirect. The liability may have been assumed under a contract.
The primary policy form for covering these general business hazards is the Commercial General Liability (CGL) policy.
The CGL policy comes in (2) basic coverage forms, an “occurrence” form and a “claims-made” form. The difference between the two types of CGL policies is important, and involves the “trigger”, or the event that triggers a claim.
A complete CGL policy contains the following forms:

  1. Declarations
  2. Common Policy Conditions
  3. 1 of the 2 Coverage Forms for Bodily Injury and Property Damage, either on an Occurrence or Claims-Made basis.
  4. Nuclear Energy Liability Exclusion endorsement

Other endorsements may be added as needed to tailor coverage to the specific needs of the client.
A full understanding of the CGL policy is central to any business’s risk management portfolio.

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