MLchartDataset catalogue

Commercial general liability policy (CGL)

Term · Insurance and risk management · MLC-T-INS-000829

A standard insurance policy issued to business organizations to protect them against liability claims for bodily injury and property damage arising out of premises, operations, products, and completed operations. It covers legal costs and damages for which the insured is found legally responsible. Most CGL policies are written on an occurrence basis.

Table 1. Record
IdentifierMLC-T-INS-000829
FieldInsurance and risk management
SubjectCommercial Liability
AbbreviationCGL
Record as JSON 
{
  "id": "MLC-T-INS-000829",
  "term": "Commercial general liability policy (CGL)",
  "field": "Insurance and risk management",
  "definition": "A standard insurance policy issued to business organizations to protect them against liability claims for bodily injury and property damage arising out of premises, operations, products, and completed operations. It covers legal costs and damages for which the insured is found legally responsible. Most CGL policies are written on an occurrence basis.",
  "abbreviation": "CGL",
  "subject": "Commercial Liability",
  "url": "https://mlchart.com/terminology/insurance/commercial-general-liability-policy-cgl/"
}

Record 629 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.