Business Insurance

Commercial General Liability
COMMERCIAL GENERAL LIABILITY (CGL) COVERAGE is designed to cover the bodily injury and property damage liability exposures related to operating a commercial venture.

Instead of having to select and group the specific hazards to be insured, which may result in potential gaps in an insurance program, a comprehensive coverage approach is used. The basic areas covered by the CGL include the insured’s ownership or use of the premises, coverage for defined contractual agreements, coverage for products manufactured, sold or distributed by the insured, completed operations of the insured, personal and advertising injury liability of the insured, and medical payments coverage. All coverages are subject to policy definitions, exclusions and limitations.

The basic CGL coverage form can be customized and tailored with a multitude of optional forms and endorsements that broaden, delete or restrict the contract’s core coverages to form a contract specifically designed for the individual insured.
Two CGL policy programs are available. The first is the “occurrence-based” policy that provides protection for covered losses when the actual injury occurs during the covered policy period, regardless of when notification of the loss or claim takes place. The key to coverage is the date on which the covered loss or injury actually occurs.

The second is the “claims-made” policy. In these policies, coverage is triggered by the actual filing date or receipt of the claim, in addition to the date or time period in which the loss or injury occurred. Any covered loss or claim filed within the policy period is handled by that policy, regardless of when the actual loss or injury occurred, subject to the retroactive date. The retroactive date is indicated on the declarations. The retroactive date can be the policy inception date or any date prior to it. However, for complete protection, it should be the date on which claims-made coverage first began. This is because prior to that date, loss or injury was covered by an occurrence policy. Only losses or injuries that occur after the retroactive date will be considered by the carrier of a claims-made policy.

contact us

Anchor Agency, Inc.
Pioneer Plaza
652 Albany Shaker Road
Albany, NY 12211

Phone - 518.730.3200
Fax - 518.730.3199
Email -
The Hartford