General Liability Insurance for Business
General Liability Insurance for Business
General liability insurance is fundamental for any business, providing protection against claims of bodily injury or property damage caused to others. This insurance covers the cost of legal defense and any settlements, helping businesses to operate without fear of crippling legal liabilities.
Neglecting to have general liability insurance can result in enormous financial losses if a business is sued. For example, if a customer slips and falls on a wet floor within a business premises and sues for injuries, without insurance, the business would need to pay all legal fees and any awarded damages out of pocket.