Construction All Risk Insurance

30/01/2025

What is CGL?

Comprehensive General Liability or CGL for short transfers financial and legal liabilities from the insured to the insurer. It pays for liabilities of the assured from damages to third-party properties and injuries to third parties arising from the business operation.

Coverage

Pacific Union’s basic CGL protection covers the following:

Bodily Injury
Property Damage
Defense, Settlements & Supplementary Payments
Bodily Injury

Bodily injury covers the insured against the legal liabilities he or she incurs against injuries. It can even cover the death of a third party caused by accidents arising out of any of the hazards insured against.

Property Damage

This basic protection covers the insured against the legal liabilities he or she incurs against damages belonging to third parties including its loss of use caused by accidents and arising out of any of the hazards insured against.

Defense, Settlements & Supplementary Payments

Finally, our CGL policy offers additional benefits that include coverage for legal defense costs, medical expenses, and settlements or judgments.

30/01/2025

What Is Commercial General Liability (CGL) Insurance? Commercial general liability insurance, or CGL insurance, helps protect your business from claims that it caused bodily injuries or damage to another person's property. This coverage is also known as general liability insurance or business liability insurance.

30/01/2025

Confidence in retirement stems from careful preparation, clarity on your goals, and making informed financial decisions.

30/01/2025

Motor Insurance protects insured vehicles from the financial losses that arise from damages, theft, injuries and other liabilities .

29/08/2024

Are you looking at life insurance as retirement planning or is your objective is to provide for your family?

Send a message to learn more

29/08/2024

Performance bonds make sure that a contractor will complete their work according to the contract that sets forth the construction terms. They protect the owner from a default on the part of the contractor due to a delay in construction or construction work that is substandard.

21/05/2024

🌟 Speaker Announcement! 🌟

We're thrilled to announce that Martin Farrugia, Chief Officer - Compliance & Enforcement at the Building & Construction Authority (BCA), will be speaking at MARE Summit 2024! With extensive experience in ensuring compliance and enforcing regulations within the construction industry, Martin will provide invaluable insights into maintaining standards and safety on construction sites. Don't miss his session!

Register here 👉👉 https://hubs.li/Q02xG8Lc0 👈👈

21/05/2024

21/05/2024

Construction Industry Authority of the Philippines (CIAP), an attached agency of the Department of Trade and Industry (DTI), concluded its joint business mission in Australia on April 28-May 4, 2024. The Philippine Overseas Construction Board (POCB), Philippine Contractors Accreditation Board (PCAB)...

21/05/2024