Commercial General Liability
Every business needs General Liability coverage. The available coverage in the policy should include; bodily injury, property damage, personal and advertising injury, products completed operations, medical, fire legal. Depending on the type of business, coverage can be expanded or reduced depending on the underwriter’s appetite.
Busby-Stone Risk Management assists you in the execution of the risk management process. Risk financing is the fourth step in the risk management process. The definition of risk financing is; “Obtaining Funds at an Optimal Cost to Pay for Claims”. Now that we understand this definition we can apply it to the first three step of the risk management process, Risk Identification, Risk Analysis and Risk Control, to determine the coverage design and policy limits necessary to finance insurable claims.