March 2016
Intermediate to advanced
700 pages
144h 54m
English
General liability refers to legal liability arising out of business operations other than auto or aviation accidents and employee injuries. A business firm typically purchases a commercial general liability (CGL) policy or a businessowners policy (BOP) to cover its general liability loss exposures. As noted in an earlier chapter, general liability insurance is often purchased as part of a commercial package policy. Important general liability loss exposures include the following:
Premises and operations liability
Products liability
Completed operations liability
Contractual liability
Contingent liability
Legal liability can arise out of the ownership and maintenance of the premises ...
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