Protecting Your Business
General Liability Coverage
Even the best-managed businesses aren't immune from liability problems. A customer can slip on an icy sidewalk in front of your store. A product you sell can be found years later to be defective. A subcontractor can cut corners without your knowledge. Someone can file a lawsuit against your business even if you're not at fault.
General liability coverage is insurance that protects your business assets from common liability problems:
- Injury to customers or employees at your place of business or as a result of your operations
- Sale of defective products
- Completed work that is defective
- Defective work by a subcontractor
One important thing to remember: most businesses don't know a product or work is defective at the time of sale. General liability insurance also protects your business when the defect is discovered later.
Insurance products offered through Univest Insurance, Inc., a licensed insurance agency affiliate of Univest Corporation, are obligations of and underwritten by unaffiliated insurance companies. They are not insured by the FDIC or any other agency of the United States and are not deposits of or guaranteed by any bank. The purchase of insurance is not a condition of any banking product or service and will not affect credit decisions.