Commercial General Liability (CGL) insurance is a foundational business insurance policy in Canada designed to protect companies against financial liability if they are legally sued for causing third-party bodily injury, property damage, or personal injury during normal business operations. CGL policies cover legal defense fees, medical expenses, and settlement costs arising from incidents on your business premises or caused by your employees or products. Most landlords, municipal licensing bodies, and commercial clients across Canada require businesses to carry a minimum of 2 million dollars in CGL coverage before signing leases or awarding contracts.
1 votes
Marked as accepted