Combined General Liability
Combined General Liability
A Combined General Liability (CGL) cover usually comprises three covers – Third Party (Public) Liability, Product Liability and Advertising Liability. CGL will give you assurance in the event that something occurs relevant to any of these three covers resulting in your company being liable to a third party because of injury, damage to property or financial damages. Having all three covers under a single cover is more economical than covering all the different liabilities individually. The advantage is also that a Third Party Liability cover under a CGL cover is usually wider when compared to a standalone Third Party Liability cover.
Such a cover could sometimes be needed for a contractual requirement in the contracts you are signing be it a tenancy agreement or a contract for services. We do see many such requirements from our clients and are well equipped to advise you of options and solutions.
It is also possible to customise a CGL cover. For example, not all businesses require Advertising Liability. In which case, we will only apply Third Party Liability and Product Liability.
Whatever your requirements, we have arranged a solution for it. Speak to us and be assured we will give you the right advice and put in a cost efficient solution.
