Product Liability: Product liability can mean the liability that arises due to sub-par products or services offered by an organization.

Public Liability: Public liability, on the other hand, insures an organization against third-party legal procedures, including the damages caused or losses occurred within the business premises.

Product Recall: A product recall is an unordinary situation wherein the manufactured products need to be recalled due to technical reasons. It is commonly observed in the automobile sector. A recall can have an impact on your finances, but at the same time, it is necessary to call back those products. You surely don’t want to supply damaged or defective units to your customers and hamper your brand image. A business liability cover will ensure you don’t have to worry about the financial strain arising out of a product recall and continue to focus on offering quality products.

Workmen’s Compensation: The workforce is a crucial part of any business. Availing commercial general liability insurance can help a business comply with statutory requirements while also providing financial support to employees’ families in case of occupational hazards or injuries. Apart from the liabilities mentioned above, claims made by participants of clinical trials in food, cosmetic, and pharmaceutical companies are also covered under commercial general liability insurance. Availing liability insurance for your business ensures comprehensive protection to the organization against financial setbacks.