General Liability Benefits Within BOPs

Tuesday, October 26, 2021

General Liability Benefits Within BOPs

As a business owner, you are responsible for ensuring a successful work environment and maintaining smooth operations. You want a safe, honest and secure business, but dissatisfied customers are going to come around from time to time. Sometimes, they could even take legal action against your business. As such, it’s crucial to know how you can respond to these incidents. The answer might be to turn to your commercial general liability insurance—also known as your CGL policy. Here’s how this form of coverage works. 

CGL insurance includes benefits that can offer assistance if your business is found responsible for harming others or their property. However, CGL policies do include limitations. With this in mind, it’s important to know when you might need to expand your standard benefits. 

CGL Policies as Part of BOPs 

Many small business owners get their CGL insurance through business owners policies—also called BOPs. Generally speaking, BOPs contain many of the most essential types of insurance that businesses need. Since a CGL policy is among these vital forms of coverage, it is likely included in your BOP. 

What Does a CGL Policy Cover? 

Most BOPs that offer CGL insurance include a few basic types of protection. Though all policies differ, the most well-known coverage includes: