Liabilities Insurance

General liability insurance typically provides coverage for bodily injury, property damage, and personal injury claims arising from the insured’s business operations or products. Specific coverage can vary depending on the policy terms and conditions.

Any business or individual engaged in business activities that could potentially cause harm or damage to others should consider purchasing general liability insurance to protect against third-party claims.

The cost of general liability insurance can vary depending on factors such as the size and type of business, the level of coverage required, and the insurer. Business owners can obtain quotes from insurance providers to determine the cost of coverage.

General liability insurance is not mandatory under Egyptian law, but it may be required by some industries or by certain clients or partners as a condition of doing business.

Yes, many insurance providers offer bundled insurance packages that include general liability insurance along with other types of coverage, such as property insurance or workers’ compensation insurance.

If a claim arises, the insured should notify their insurance provider as soon as possible and provide all relevant information and documentation. The insurer will then investigate the claim and work with the insured to resolve the matter, either through negotiation or litigation if necessary.

Occurrence-based general liability insurance covers claims that arise from incidents that occur during the policy period, regardless of when the claim is filed. Claims-made general liability insurance covers claims that are made during the policy period, regardless of when the incident occurred.

Yes, most general liability insurance policies have exclusions for certain types of claims, such as intentional acts, professional errors or omissions, and employment-related claims. Business owners should review their policy carefully to understand any exclusions that may apply.

The amount of coverage needed will depend on factors such as the size and type of business, the level of risk involved, and the amount of assets that need to be protected. Business owners should consult with an insurance professional to determine the appropriate level of coverage for their specific needs.

In most cases, yes, but there may be cancellation fees or other penalties involved. Business owners should review their policy terms and conditions carefully to understand the cancellation process and any associated costs.

Yes, Wisely Insure offers personalized insurance consultations to help business owners assess their risks and identify the appropriate level of coverage for their needs. They can also help clients compare coverage options and select a policy that provides the best value for their budget.