Commercial General Liability Insurance 

Discover how Commercial General Liability (CGL) Insurance in Canada can protect your business from common legal liabilities and business risks like slip & falls, product liability etc. Commercial General Liability insurance is also the most broadly and frequently purchased business insurance product to help manage many potential risks with assured financial security.

Protect Your Business With Essential CGL Shield

Secure Your Business Future with General Liability Assurance

Running a business in Canada comes with challenges, and unexpected events can happen anytime. That’s where commercial general liability insurance (CGL) steps in, providing a safety net for your company. Commercial general liability insurance coverage protects your business if someone sues you for injuries or property damage linked to your business activities, products, or advertising. It’s a standard insurance that businesses of all sizes in Canada should have. Learn more When safeguarding your business, understanding the breadth of coverage available is crucial. Commercial general liability (CGL) insurance acts as a foundational layer of protection against various common risks that businesses face daily. Each facet of your company encounters unique liabilities, from the storefront to the digital shop. Click on each of the pointers below to explore the Corporate General Liability Insurance coverage options available:

Why Consider General Liability Policy Coverage?

Choosing the right general liability policy Coverage is essential for three key reasons:
  • Risk Management: Accidents happen, but the financial consequences don’t have to be devastating. The right policy can shield your business from the fallout of unforeseen incidents that could otherwise lead to costly legal battles.
  • Customer Assurance: Working with a knowledgeable general liability insurance broker conveys to your customers that your business is secure and professionally managed, thereby enhancing trust.
  • Financial Security: In the event of legal claims, CGL acts as a financial safeguard, ensuring that unexpected legal fees and judgments don’t jeopardize the stability of your business.

Choosing the Right Policy

Working with a general liability insurance broker can help you navigate the complexities of insurance policies. ALIGNED insurance brokers are experts at matching your business with a policy tailored to your specific needs, ensuring comprehensive protection without paying for unnecessary extras. We specialize in commercial public liability insurance and commercial tenant liability Insurance alongside a comprehensive suite of insurance solutions, providing peace of mind that your business is safeguarded against a broad spectrum of risks. Consider commercial umbrella insurance in Canada in your coverage strategy to ensure an added safety net. This form of umbrella insurance works with your current general liability policy coverage, offering extra security for claims exceeding your primary policies’ limits fortifying your business against the financial impact of significant legal challenges.

Ready to Secure Your Business?

Understanding the importance of getting CGL insurance in Canada is the first step. Protecting your business with the right insurance is the next. Don’t leave it to chance. Explore your options for commercial liability insurance coverage today and secure your business’s tomorrow.

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Who Is Insured Under A Commercial General Liability Policy?

A Commercial General Liability policy is provided for business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability. Commercial general liability Insurance is one of the most common policies used today for businesses which is why understanding who is covered under your policy is so important.

Looking For A Commercial General Liability Insurance Quote? Call us toll free at 1-866-287-0448 or Get A Commercial General Liability Insurance Quote Here

Who Is Actually Covered By A Typical Commercial General Liability Policy?

  1. An Individual – you and your spouse are insureds but only with respect to the conduct of the business of which you are sole owner
  2. A partnership, limited liability partnership/joint venture – you as well as your members, partners, and their spouses are also insured but only with respect to the conduct of your business. Managers are also insured but only with respect to their duties as managers.
  3. A limited liability company you as well as your members are also insureds but only with respect to the conduct of your business. Managers are also insureds but only with respect to their duties as managers
  4. An organization other than those listed previously – you are an insured. Your “executive officers” and directors are insureds but only with respect to their duties as your officers or directors. Your shareholders are also insureds but only with respect to the liability as shareholders.
  5. A trust – you are an insured. Your trustees are also insureds but only with respect to their duties as trustees.

Others Who Can Be Considered Insureds Under A Typical Commercial General Liability Insurance Policy

  1. Your volunteer workers – only while performing duties related to the conduct of your business.
  2. Your employees other than noted above ( managers ,executives) but only for acts within the scope of their employment by you or while performing duties related to the conduct of you
  3. Any person or organization acting as your real estate manager.
  4. Any person or organization having temporary custody of your property if you die.
  5. Your legal representative, if you die but only with respect to duties as such they will have all your rights and duties under the policy.

Also, any organization you newly acquire or form other than a partnership, limited liability partnership/joint venture or limited liability company over which you maintain ownership of majority interest will qualify as a named insured if there are no other similar insurance available to that organization – with qualifications.

To Learn More About Commercial General Liability Insurance Speak To An ALIGNED Insurance Advocate Or Connect With Us Today At www.alignedinsurance.com