Commercial General Liability (CGL) policy provides a wider cover than Public Liability insurance and is suitable for businesses, who besides using equipment or mobile equipment in their premises, also use them for works away from their premises such as
- Manufacturing factories
- Catering companies
Commercial General Liability (CGL) policy is a standard insurance policy issued to business organizations to protect them against liability claims for bodily injury or property damage arising out of their
- Completed operations
Sum Insured Selection
In Products Liability Insurance, the sum insured is referred to as Limit of Indemnity. This limit is fixed per occurrence (Any one occurrence = AOO) and usually has a ceiling on number of occurrences during the period.
Period of Insurance
The coverage is usually provided for a period of one year.
- Product recall
- Punitive damages
- Fines and penalties
- Motor vehicle liabilities
- Professional Indemnity
- Directors and Officers Liability
- Pure financial loss
- Employers liability
- Gradual pollution
- War, sabotage and terrorism
A deductible for each and every loss under the policy may be applicable under some sections of the policy.
Premium rates are based on:
- Type of product
- Volume of sales
- Territory involved
- Policy limit of liability
- Policy deductibles
- Your professional experience
Please note that for the easy understanding of the insurance policy, we have highlighted the important aspects. We will be glad to receive your queries and discuss the full set of policy terms, conditions and exclusions.
For more information, please contact Nasco Dubai at +971 4 352 3133.
The damages awarded in these claims include medical costs, compensatory damages, economic damages, and, in some instances, attorneys' fees, costs and punitive damages.
You must alert us of any accident that may lead to a claim covered under the policy, and our team of experts will assist you in the quick settlement of the claim.
Call us as soon as possible, in case of an accident, and our team of experts will guide you through the claim process. For more information, please contact Nasco Dubai at +971 4 352 3133.