General liability insurance policies protect against negligence claims from clients, employees, vendors or contractors. General liability policies cover general obligation, bodily injury, property damage, personal injury or other related liabilities.
TMT insurance indemnifies losses from advertising injury, liquor liability and contractual liability. These policies also includes cost to defend and expenses related to main operations like costs for judgments from a claim and medical costs from mortals who make claims.
Generally mark up level for general liability insurance for unitary occurrence is $1000000 and goes up to $2000000 in aggregation. Different forms of availability of GL policies are business owner policy or commercial package or stand alone policy as per the business level of operation.