Benefits of General Liability Policy
Insurance is a critica l agreement between the policyholder and the insurer that helps the former protects his/her assets against potential damages. Different types of insurance policies include auto insurance, life insurance, health insurance, etc. These insurance policies are classified based on the asset they are designed to protect. Here, we shall talk about commercial general liability policy that is used to protect the overall assets of a business. Protects Company’s Products (Advertisements, Wrongful Trespassing, etc.) In case you own a product-based company, the general liability policy protects your products against wrongful usage. It also protects your company’s properties against wrongful trespassing. The company’s products not only include the products that it manufactures, instead, it includes all the assets that the company owns during the filing of insurance. Some insurance policies also allow the addition of assets to the insurance policy as the comp