General liability insurance covers legal claims alleging your St. Maarten business accidentally caused physical harm to a third party or their property. It pays for both legal defense costs and any covered judgements up to your policy limits.

General liability insurance policies contain standard coverages that businesses in St. Maarten should understand:

Bodily Injury – Covers injuries sustained by a third party on your property or due to your operations. Provides medical expense reimbursement and lost wages if you are deemed legally liable.

Property Damage – Pays to repair or replace third party property damaged by your business activities due to negligence.

Personal and Advertising Injury – Covers allegations like libel, copyright infringement and mental anguish.

Medical Expenses – Reimburses medical bills for a third party’s bodily injury caused by your St. Maarten business.

Legal Defense – Pays legal fees to contest covered liability claims against your company.

Be aware general liability policies do contain standard exclusions. Some key risks not covered include:

– Intentional damage or harm caused purposefully

– Employee injuries – These require separate workers’ compensation insurance in St. Maarten

– Liability connected to the use of automobiles

– Professional malpractice and errors/omissions

– Liability stemming from your products themselves