Question

What is an example of a general liability claim?

This question is from g l insurance subject

The question was asked by my college director while I was bunking the class.

Answer 1

An example of a general liability claim (GL insurance) is:

Slip and Fall Accident:

• Imagine a customer walking into a store and slipping on a wet floor that was not properly marked with a warning sign. The customer falls and injures themselves. As a result, the injured person files a claim against the store owner for medical expenses, lost wages, and pain and suffering.

In this case, the general liability insurance would cover the costs associated with the injury claim, such as medical bills and legal defense costs, up to the policy limit. This is a common type of claim covered under general liability insurance, which protects businesses from claims of bodily injury or property damage occurring on their premises or due to their operations.

Other examples of general liability claims include:

• Property damage: A business accidentally damages a customer's property during the course of business operations (e.g., an employee knocking over a valuable item in a client's office).
• Advertising injury: If a business is accused of using copyrighted material without permission in their advertisements or defaming another company or individual.

General liability insurance is essential for businesses to cover these types of risks and avoid significant financial loss due to lawsuits or claims.