What Does CGL Stand For?
CGL stands for Comprehensive General Liability Policy
CGL, or Comprehensive General Liability Policy, is a type of insurance coverage designed to protect businesses from a variety of claims including bodily injury, property damage, and personal injury. This policy offers broad protection against legal liabilities that may arise during normal business operations, ensuring financial security and helping to cover legal fees, medical expenses, and damages awarded in lawsuits. CGL is essential for safeguarding assets and maintaining operational continuity in the event of unforeseen incidents.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym