$2,000,000 COMMERCIAL GENERAL LIABILITY AND PROFESSIONAL LIABILITY (E&O) INCLUDING:
COMMERCIAL GENERAL LIABILITY
Commercial General Liability provides coverage for situations in which legal action is alleged resulting in bodily injury or property damage to another party.
BODILY INJURY AND PROPERTY DAMAGE
- Covers you for legal costs, as well as any judgment against you for property damage or bodily injury caused by others if you are found negligent. A CGL policy also includes the following liability coverages:
TENANT'S LEGAL LIABILITY
- Covers you against claims of damage due to fire or other covered losses caused by you to premises that you rent. This coverage does not extend to your contents or stock.
PERSONAL AND ADVERTISING LIABILITY
- Covers you for certain unintentional offenses you commit in the course of your business, such as libel, slander, disparagement, or copyright infringement in your advertisements.
MEDICAL PAYMENTS
- Provides payment for a third party's minor medical expenses from an accident that occurs as a result of your operations' even though you may never be held legally liable for the accident. It is often used as a way to avoid a costly lawsuit.
COMMERCIAL PROFESSIONAL LIABILITY
(Errors & Omissions)
Professional Liability, also referred to as Errors & Omissions Liability (E&O), acts as a complement to your General Liability policy, providing coverage for the economical consequences of rendering or failing to render your services as a Training Partner of the Red Cross. In the event of a claim (and within the dollar limit of your policy), your insurer is obligated to do the following:
- Defend against any claim brought before a Canadian court that falls within the coverage parameters of the policy, even if the suit is unfounded
- Pay all expenses incurred in any investigation, defence, arbitration, or litigation of covered claim
- Pay all sums that the insured member becomes legally obligated to pay as compensatory damages
