Your organization pays a set amount (analogous to a premium) for each employee based, among other things, on family size, into a special account that is maintained either by you or by the Third Party Administrator (TPA) that administers your plan.
The term comprehensive general liability insurance refers to a type of business insurance that protects companies from liability claims related to their business activities. Comprehensive general liability is usually suitable for medium and large companies in the servicing, manufacturing and processing fields. Continue Reading.
Definition. A type of liability insurance held by businesses. Comprehensive liability insurance (CGL) is a broad policy that protects the organization from liability claims related to products coverage, completed operations coverage premise and operations coverage, and independent contractors coverage.efinition. A type of liability insurance held by businesses. Comprehensive liability insurance (CGL) is a broad policy that protects the organization from liability claims related to products coverage, completed operations coverage premise and operations coverage, and independent contractors coverage.