Suppose an accident occurs through the fault of your company that causes damage to the life, health or property of a third party. You will likely have to pay compensation or substantial legal fees. You may also be held liable for environmental damage. Article 1064 of the Civil Code states that those who cause damage to an individual or property belonging to a citizen or legal entity must pay full compensation to the victims
Product description (benefits, objects of insurance, risks, additional coverage)
A general liability insurance policy protects the property interests of the insured related to obligations that arise as a result of injury to the life, health, or property of a third party that occurs while directly engaging in the activity covered by the policy.