Increasing customer expectations, constant changes in technology, a growing awareness of the rights of consumers more than ever before, the business community is being challenged to ensure exacting standards of quality in its products and deliverables. With its wide coverage and extensive range of add-on options, HDFC ERGO’s Commercial General Liability Insurance is the ideal answer, providing the all-encompassing protection that any forward-thinking company requires.
Coverage
HDFC ERGO’s Commercial General Liability cover offers the option of protection for bodily injury, property damage, advertising injury and personal injury to a third party for which a company is found to be legally liable. The policy can provide a separate advertising/personal injury to a third aggregate limit that is not subject to a general aggregate limit. CGL addresses a wide range of liability loss exposures, falling into two categories:
- Premises and Operations Liability Liability for conditions or activities arising out of the premises or operations of a company.
- Products and Completed Operations Liability Liability of a company to a user who is harmed by products manufactured, sold or distributed by the company.
Product Highlights
- Definition of personal injury includes discrimination, harassment and segregation (other than employment-related).
- When our global liability extension is purchased, the insured is protected against lawsuits brought anywhere in the world.
- Under "Who is Insured", existing subsidiaries, including partnerships, joint ventures and limited liability companies, can be included as insureds to the end of the policy period.
- New subsidiaries or newly acquired organisations are afforded named insured status based on control of voting rights, regardless of the type of entity to the end of the policy period.
- Personal and advertising injury protection can be extended to include liability assumed in a written contract
- Definition of bodily injury includes humiliation, mental anguish, mental injury and shock resulting from physical injury.
- Definition of advertising injury includes trademark infringement.
- Separate aggregate be purchased for products completed operations hazard that isn't subject to the general aggregate limit.