This is one of the most important insurance policies you should consider buying for your business. While it is not fair to rate one insurance policy above another, there are many people who spend money on policies they can actually do without at the moment. We live in a world where litigation and getting sued is seen as something as common as buying and selling.
Even big businesses that one would consider to be financially equipped to stand such litigations actually put active efforts to avoid them. One of such ways is getting the general liability insurance. If you have a client or customer or basically any third party besides you and your employees visit your business, then you need this policy. Injury or death caused to these third parties by either you or your employees as taken care of by this policy.
So in the case of an injury, this policy would pay all the medical bills accrued. If for any reason, the third party is planning to sue, this policy would take care of all the process by getting your business a good lawyer. The advantages of this policy are just too numerous to name. This doesn’t mean you would have to be careless with safety in your business because you have the policy. With the policy, you can have your business operation unhindered if and when there is any crisis similar to what is explained.