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.
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:
Choosing the right general liability policy Coverage is essential for three key reasons:
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.
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.
Running a small business comes with risks including accidents, client claims, or unexpected events. Even a minor incident, like a delivery person tripping in your office, could lead to expensive lawsuits. Without CGL, you’d be paying legal fees, settlements, and damages out of pocket.
With commercial general liability coverage in place, you can focus on growing your business instead of worrying about “what ifs.” Protect your business with tailored coverage from ALIGNED Insurance. Get a quote today!
That depends on your industry, the size of your business, and the contracts you sign. Most businesses carry between $2 million to $5 million in liability protection. If your business works with large corporations or in higher-risk industries, you may need more. The key is balancing affordability with enough protection to keep you safe if the unexpected happens. Ask an ALIGNED broker for guidance to help you choose the right coverage limit for your business.
While CGL insurance isn’t legally mandatory, many landlords, clients, and contracts require it. Without general liability insurance, your business is financially vulnerable. Even the most careful businesses can face lawsuits they didn’t expect. Having CGL insurance coverage is considered essential for long-term security and credibility.
Umbrella insurance extends the limits of your general liability coverage. It’s ideal for small businesses looking for added protection against large or unexpected lawsuits.
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