Article: General liability insurance
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General liability insurance
General liability insurance
A kind of commercial insurance whose aim is to protect the policy holder from financial losses that arise from any damage of property or physical injury that is caused by the employees or the insurer of the company to others. These policies take effect when accidents take place at a customer’s location or at the insurer’s premises. Claims will not be provided if an accident occurs due to errors that occur during the time of professional service delivery to the customers.
The General liability insurance also covers the policyholder in case of any damage to the software or hardware of computer equipment in the company or in case of theft. Coverage can also be taken on certain properties in the business premises such a...
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