A general liability insurance policy is type of insurance policy that protects insured commercial entities from a variety of liability risks, except for automobile and professional liability. It pays for various expenses, such as:

• Medical costs incurred if someone sustains an injury on company property
• Property damages or injuries that the owners or employees of the company cause
• Legal expenses, including the cost of the company’s legal defense, settlements, and awards if someone sues the company
• Damages,such as non-monetary losses suffered by the injured party, compensatory damage, and punitive damages
• Tenant-related liabilities, such as property damage if the company uses rented property
• Expenses arising from claims pertaining to misleading or false advertisement, including slander, libel, and copyright infringement