What is Comprehensive General Liability Insurance Coverage?
To understand what is comprehensive general liability insurance, one must understand the legal meaning of a liability. A liability may be a legal responsibility or obligation. It may also be defined as an obligation to pay monetary compensation to some party because of any kind of damages inflicted upon them. Thus, comprehensive general liability insurance coverage was first created to cover the liabilities that arise through business of any kind, due to indirect or direct damages inflicted on people by the business. It is a kind of business insurance that doesn’t cover property or any other material asset, but covers the possible damages that the business could be liable to pay for. It is the protection that a small business owner needs against lawsuits that may arise due to any kind of personal or physical injury inflicted by his business. Any kind of business that comes in contact with a large number of people on its business premises, like a superstore, needs comprehensive general
