What is International General Liability Insurance?
Most U.S.-based organizations understand the legal exposures they face here at home. When businesses venture to other countries, however, they can encounter a myriad of unfamiliar laws, languages and customs. Make international commercial general liability coverage the first line of defense against costly legal actions arising from events occurring outside our nation’s borders.
Why Do You Need International Liability Insurance?
- Domestic GL policies cover lawsuits brought within U.S. borders only.
- U.S. companies operating overseas have no safety net if taken to court.
What Coverages are usually Included?
- Bodily injury (BI) and property damage (PD) liability
- Employee benefits liability
- Personal and advertising injury liability
- Medical payments
Recommended Coverage Limits
- $1 million each occurrence BI/PD & per claim for employee benefits
- No general aggregate
- $2 million aggregate for products-completed operations
- $1 million aggregate for personal & advertising injury
- $1 million aggregate for premises damage
- $10,000 per person for medical expenses
What Policy Feature Should You Expect?
- Covers suits brought overseas for events occurring outside U.S.
- Also covers suits brought in U.S., when event occurs outside U.S. borders.
- Coverage is on pay-on-behalf-of or to-indemnify basis.
- Premises damage is on all risks basis.
Contact a Cravens Warren International General Liability specialist today for a free risk evaluation and quote
