What does CGL stand for in insurance?

In the context of insurance, CGL stands for Commercial General Liability. This type of insurance coverage is designed to protect businesses from various liability risks that can arise during normal operations. It covers claims related to bodily injury, property damage, personal injury, and advertising injury that might occur on a business’s premises or as a result of its operations.

Understanding that “commercial” specifies that the coverage is aimed at businesses rather than individuals or groups highlights the scope and purpose of the policy. Commercial General Liability policies are integral for small and large businesses alike, offering essential protection against the financial repercussions of legal claims, thus supporting ongoing operations and providing peace of mind. This distinguishes it from other terms that might seem similar but do not accurately describe the intent and functionality of the coverage.