Commercial General Liability (CGL) policy
A standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability. The CGL policy was introduced in 1986 and replaced the “comprehensive” general liability policy. See also Casualty insurance; Contractual liability insurance; General liability insurance; Insurance; Product liability insurance.
Business Auto Policy (BAP)
A commercial auto policy that includes auto liability and auto physical damage coverages; other coverages are available by endorsement. Except for auto-related businesses and motor carrier or trucking firms, the business auto policy (BAP) addresses the needs of most commercial entities as respects auto insurance. See also Casualty insurance; Garage liability insurance; Insurance; Liability insurance; Motor carrier policy.
Anglins Insurance Group
Offering Business Commercial Insurance Raleigh Durham , NC . Including General Liability and Business Auto