What does a Commercial General Liability (CGL) policy primarily protect against?

A Commercial General Liability (CGL) policy primarily protects against liability for injuries to outside parties. This type of insurance is designed to cover legal liabilities that may arise from bodily injury or property damage sustained by third parties as a result of the insured's business operations.

This coverage can include incidents that occur on the insured's premises, as well as those that occur away from the premises, including events related to products or completed operations. By providing this protection, a CGL policy helps businesses manage the financial risks associated with lawsuits or claims from clients, customers, or the general public who might suffer an injury or damage related to the business activities.

The other options focus on different types of coverage that are not the primary purpose of a CGL policy. For example, loss of business income due to property damage is generally covered under a separate business interruption policy, while theft of business personal property would typically be addressed in a commercial property insurance policy. Damage to the insured's own property is also not included in a CGL, as that is generally covered under property insurance rather than liability insurance.