Which insurance policy is specifically designed to cover bodily injury and property damage with certain exclusions?

The Commercial General Liability Policy is specifically designed to provide coverage for bodily injury and property damage that may occur as a result of business operations, products, or premises. This type of policy typically covers claims made against the insured for these types of damages, which could stem from accidents involving customers or damages to third-party property.

While there are exclusions within the policy, such as liability arising from professional services or certain intentional acts, it serves as a foundational layer of protection for businesses against varying risks associated with their operations. In contrast to other types of insurance listed, such as the Business Owner Policy, which may offer broader coverage but is more generalized, or the Professional Liability Policy, which focuses on errors and omissions in professional services, the Commercial General Liability Policy is distinctively focused on general risks related to bodily injury and property damage. Similarly, Directors and Officers Liability Insurance is tailored for protecting the personal assets of corporate directors and officers against claims of wrongful acts, and would not cover general business liabilities.