Which coverage would best address a slip-and-fall incident on business property?

General liability coverage is specifically designed to protect businesses against claims of bodily injury and property damage that occur on their premises or as a result of their operations. A slip-and-fall incident typically involves a customer or client being injured while on business property, which falls under the type of risk that general liability coverage addresses.

In situations where someone slips and falls, general liability coverage would provide legal defense as well as cover any settlements or judgments awarded to the injured party. This type of coverage is crucial for businesses that regularly welcome customers or clients onto their property, as it helps mitigate the financial impact of such unforeseen incidents.

The other types of coverage listed are tailored for different risks. Contractual liability coverage typically relates to obligations established within contracts, product liability coverage pertains to claims related to defects in products sold or manufactured by the business, and professional liability coverage addresses claims of negligence or failure to perform in professional services. While all are important in their respective areas, they do not specifically apply to general premises liability, making general liability coverage the most appropriate choice for a slip-and-fall incident.