Welcome to LMBF Assurances
RCG insurance, or general corporate liability insurance, is a type of basic insurance designed to cover businesses in the event of claims for personal injury, advertising, or personal injury, and property damage resulting from the company's activities, from a product that it manufactures or sells, or from injuries suffered on business property. RCG insurance is essential for businesses of all sizes and in all sectors. General corporate liability comes in a multitude of different coverage amounts. LMBF can help you determine what level of coverage is best for your business and how it operates. Get started today with a free RCG insurance quote.
General commercial liability insurance, or RCG insurance, is commonly referred to as the “slip-and-fall” insurance policy that helps businesses cover legal fees that may result from personal injury, advertising, and property claims. RCG insurance is designed to protect businesses of all sizes, regardless of industry. For many businesses, RCG insurance is not mandatory, but it is nevertheless highly recommended due to the essential coverage it offers.
If a third party or a customer is injured, whether on your business property or as a result of the activities of your business or a product that it distributes, your RCG insurance policy will cover the costs of prosecution and defense.
If your business activities have resulted in property damage to a third party, damage to a meeting space, or damage to a rented location, your RCG insurance policy includes coverage for the resulting lawsuit costs or settlement costs.
If your business is accused of personal or advertising harm (such as defamation) and the event is taken to court, your RCG insurance policy will help you cover the costs of the lawsuit.
It protects the company against third-party claims related to bodily injury, property damage and certain damages arising from operations or products.
Tenant's liability, additional insureds, subcontractor liability, products/completed operations, and sometimes certain advertising-related coverages.
Undeclared activities, uninsurable contractual promises, absence of subcontractor controls, or sector-specific exclusions.
Limits vary by contract and exposure, but many companies choose $2M to $5M or more depending on requirements.
To confirm actual activities, identify undeclared services and understand contractual obligations that may increase exposure.
Often yes, via the products/completed operations section, depending on declared activities and policy conditions.
