What is the primary purpose of a "general liability" policy?

The primary purpose of a "general liability" policy is to provide coverage for bodily injury and property damage claims against the insured. This type of insurance is designed to protect businesses from a wide range of third-party claims that arise due to their operations, products, or services.

General liability policies cover scenarios where individuals or other entities claim that they were injured or that their property was damaged as a result of the insured's activities. This includes incidents like slip-and-fall accidents on a business's premises or damage caused by a product that the business sold. By having this coverage, businesses can shield themselves from potentially devastating financial losses due to legal claims that could arise from everyday operations.

The other options address different aspects of insurance but do not encapsulate the core purpose of a general liability policy. While legal costs can certainly be included in the coverage, the main focus of this policy type is specifically on bodily injury and property damage claims. Coverage for personal property damage typically falls under property insurance rather than general liability, and data loss incidents are typically covered under cyber liability policies, which are entirely different from general liability insurance.