Commercial General Liability (CGL) Insurance helps protect your business from financial loss should you be sued because of negligence arising from your business services, operations, products, or employees that cause loss or damage to someone else or their property. A liability policy is one of the most important insurance products a business can invest in, as it will usually cover the costs of your legal defense and pay damages on your behalf if you are found liable – up to the limits of your policy. Liability suits are one of the most common risks that businesses face and can have significant negative impacts if appropriate coverage is not in place.