General liability covers injuries and damages that occur while doing business. Casualty insurance focuses on injuries on your business premises and crimes against it. Property insurance covers losses to your land, buildings, and belongings, and it is sometimes combined with casualty insurance.
This is a question many business owners ask. And they do not just want to know what it is, they want to know if they need it. The truth is liability insurance is an essential part of an insurance plan. General liability insurance (GLI) can help cover claims that your business caused bodily injury or property damage. This coverage is also known as commercial general liability insurance (CGL).