Understanding Comprehensive General Liability Insurance and Other Essential Coverage for Canadian Businesses

As an insurance broker, it's essential to provide your clients with the best coverage for their unique needs. Canadian businesses face a wide range of potential risks and liabilities, including product liability claims, all risks, and special risks. In this blog post, we'll discuss Comprehensive General Liability (CGL) insurance and other essential coverages for Canadian businesses. Comprehensive General Liability Insurance Comprehensive General Liability insurance provides coverage for claims of bodily injury, property damage, and personal and advertising injury. This coverage is essential for businesses, as it protects them from potential financial losses resulting from lawsuits and legal claims. CGL insurance may also cover legal fees and settlement costs associated with a covered claim. Product Liability Insurance Product Liability insurance provides coverage for claims of bodily injury or property damage resulting from a product your client's business manufactured or...