General Liability Insurance should be the foundation of your insurance program. General Liability Insurance provides the following coverage:
- Bodily Injury- Bodily Injury to a third party.
- Property Damage- Damage to a third parties property (equipment building etc.).
- Personal Injury- Injury to the mind or emotions, as opposed to an injury to property.
- Advertising Liability- Damages arising out of advertising, libel, slander and invasion of privacy.
- Products & Completed Operations-Liability arising out of the Nonprofits products or business operations and services conducted, excluding Professional services.
- Premises-Covers liability arising out of injury to third parties while on your premises.
- Medical Payments- A general liability coverage that reimburses others, without regard to the insured's liability for bodily injury while on your premises.
- A customer tripped and fell down a flight of stairs. An investigation revealed that a broken hand rail contributed to the accident. Total medical bills of $2,570 were paid to the claimant.
- A business recently held a event at the home of a manager, where food was provided by the employees. A attendee got sick the next day and it was traced back to the food provided at the event. The insurance company paid the medical bills of $650 and compensation for three days of lost work time.