What is CGL?
Understand the Problem
The question is asking for the definition or meaning of "CGL". This could refer to various things depending on the context, such as "Comprehensive General Liability" insurance, "Common Ground Language", or something else entirely. A search is required to determine the likely meaning.
Answer
CGL stands for Commercial General Liability. It is a type of insurance that protects businesses from certain financial losses.
CGL stands for Commercial General Liability insurance. It protects businesses from financial losses resulting from property damage, bodily injury, libel, slander, or false advertising claims.
Answer for screen readers
CGL stands for Commercial General Liability insurance. It protects businesses from financial losses resulting from property damage, bodily injury, libel, slander, or false advertising claims.
More Information
Commercial general liability (CGL) insurance is crucial for businesses as it covers common risks, preventing significant financial strain from lawsuits and claims.
Tips
CGL has other meanings. Always confirm that the definition is in reference to insurance.
Sources
- What Does Commercial General Liability (CGL) Insurance Cover? - investopedia.com
- Commercial general liability insurance | III - iii.org
- Commercial General Liability Insurance (CGL) | The Hartford - thehartford.com
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