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Insurance & Risk Management
23. Chapter 26: Commercial Liability Insurance/General Liability Loss Exposures
23. Chapter 26: Commercial Liability Insurance Illustration
Syllabus Slides

General Liability Loss Exposures

01.Core Concepts

General liability refers to legal liability arising out of business operations other than auto or aviation accidents and employee injuries A commercial firm typically purchases a commercial general liability (C G L) policy or a business owners policy (B O P) to cover its general liability loss exposures