News – Insurance
Summary
It covers business owners, officers, directors, employees, agents, and contractors from personal injury or property damage caused by their negligence. Its important to choose the right type of Gli policy for your business based on the risks your company faces and the amount of coverage you need.What is general liability insurance for contractors?General liability insurance for contractors is designed to protect businesses from legal action arising out of the actions or negligence of their employees. This type of insurance covers business owners and their officers, directors, agents, and subcontractors who are involved in any kind of work-related activity. CGL policies typically cover business owners, officers, and directors for claims made by third parties that allege negligence or wrongful conduct. Additionally, if you have employees who engage in risky behavior such as driving while intoxicated having CGL coverage could help protect them from lawsuits filed after accidents occur.