Bonano Insurance03 Sep, 2024Legal
Like any policy, general liability insurance comes with its set boundaries. It won't step in for employee-related vehicle accidents or workmanship, nor does it rise to defend against damages from intentional acts or misconduct. It's crucial to recognize these edges, as they help you understand why supplementary policies are often needed. Certain engagements require proof of comprehensive general liability insurance, such as contractual agreements, licenses, or even as a stipulation from clients who want to ensure you're properly insured before they conduct business with you. This acts as a trust signal and credential, demonstrating risk management acumen.
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