Commercial General Liability Insurance
Commercial General Liability (CGL) Insurance protects your business from the unexpected. Whether it’s property damage, customer injuries, or medical payments, CGL coverage helps ensure your operations can continue without financial disruption.
What Does Commercial General Liability Insurance Cover?
A standard CGL policy offers protection against risks that could affect your business financially.
Key areas of coverage include:
- Bodily Injury: Covers legal liability if someone is physically injured on your business premises or as a result of your business operations.
- Property Damage: Protects against accidental damage to someone else’s property caused by your employees, products, or services.
- Personal Injury Liabililty: Provides coverage for the insured against claims seeking compensatory damages resulting from one or more of the following offenses:
- False arrest, detention, or imprisonment.
- Malicious prosecution.
- Wrongful entry into, or eviction of, a person from a room, dwelling, or premises they occupy.
- Oral or written publication of material that slanders or libels a person or organization, or disparages their goods, products, or services.
- Oral or written publication of material that violates a person’s right to privacy.
- Medical Payments: This coverage helps pay for reasonable medical and related expenses, even if the insured is not legally responsible for the accident.
- Tenant’s Legal Liability: This coverage protects the insured if they are legally responsible for damage to leased or rented premises.
Cooke Insurance will help you evaluate your risks and make sure your policy is tailored to the unique challenges your business faces. Whether you’re in agriculture, construction, retail, hospitality, or professional services, we’re here to help.
Contact us or stop by the office to get started on your commercial insurance policy.
- 1-411 Confederation Dr
- Saskatoon, SK, S7L 5C3
Commercial General Liability Insurance FAQs
Is Commercial General Liability Insurance required in Saskatchewan?
Although not legally required for every business, most landlords, clients, and contractors will ask for proof of CGL coverage before you begin work. Having this coverage protects your business from potential financial losses due to lawsuits or claims.
How much liability coverage does my business need?
Coverage limits generally begin at $1 million and can extend to $5 million or more, depending on your industry, company size, and client requirements. Cooke Insurance can help you assess your business’s risk profile to determine the appropriate level of coverage.
Does CGL insurance cover employee injuries?
No. Employee injuries are covered under Workers’ Compensation, not your Commercial General Liability (CGL) policy. However, CGL does provide protection for injuries sustained by third parties, including customers, visitors, or subcontractors
Will CGL insurance cover professional mistakes or bad advice?
No. Mistakes or oversights in your professional work are protected by a Professional Liability (Errors & Omissions) policy, not your general business insurance. Many Saskatchewan businesses choose to hold both policies for full coverage.”
How much does CGL insurance cost in Saskatchewan?
The cost depends on factors like your industry, annual revenue, number of employees, coverage limits, and experience. Cooke Insurance works with multiple insurers to find the most competitive rates for your business.