CGL Insurance
CGLI, or Commercial General Liability Insurance, is designed to protect businesses and its owners against claims of liability for bodily injury and property damage to third parties.
CGL Insurance FOR BUSINESS PERMIT
A number of cities and municipalities in the Philippines, especially in Metro Manila, require a basic CGL Insurance policy upon application or renewal of business permits.
This is to ensure you are protected against lawsuits in case an accident happens to your customers, guests, and visitors within the premises of your store or business.
CGL Insurance Extensions
If your CGL insurance policy was purchased primarily for LGU requirements, it may now be comprehensive enough to cover your liability risk.
To make the coverage wider, you may opt to include extensions to cover risks related to the operations of your business. Common extensions are the following:
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Products & Completed Operations Coverage – covers liability claims that arise after a product has been sold or a service or project has been completed.
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Premises Medical Payments – pays medical expenses for injured third parties, even without proving negligence (often used as goodwill protection).
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Tenant’s Legal Liability / Fire Legal Liability – protects the insured if they accidentally cause fire or damage to a rented premises or leased space.
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Care, Custody, and Control – covers damage to property that is temporarily under the insured’s supervision or responsibility.
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Contractual Liability – provides coverage for liabilities assumed under contracts, such as hold-harmless or indemnity agreements.
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Personal & Advertising Injury Coverage – protects against claims like libel, slander, copyright infringement in advertising, and wrongful eviction.
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Cross Liability Clause – allows parties insured under the same policy to claim against each other as if they were separately insured.
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Employee’s Personal Effects Liability – covers loss or damage to employees’ personal belongings while inside the insured premises.
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Food & Beverage Liability – covers claims arising from food poisoning or allergic reactions from food and drinks served by the insured.
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Exhibitors / Vendors / Stallholders Liability – adds protection for concessionaires participating in trade fairs, bazaars, and commercial events.
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Sudden & Accidental Pollution Liability – protects against short-term, unexpected pollution incidents that cause third-party injury or property damage.
Send us a message for a customized CGL Insurance for your business' needs.