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18 Mar 2013 ... An insurance audit for General Liability is performed by the insurance ... owner tells the insurance company their sales are only $500,000.
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What is re mandatory general liability?
Re mandatory general liability is a type of insurance coverage that protects businesses from financial losses resulting from property damage, bodily injury, or personal injury caused by the business operations.
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Businesses that operate in certain industries or engage in specific activities may be required to have re mandatory general liability insurance coverage.
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To fill out re mandatory general liability, businesses must provide information about their operations, number of employees, revenue, and other relevant details to the insurance company.
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The purpose of re mandatory general liability is to protect businesses from financial losses in case of property damage, bodily injury, or personal injury claims made against the business.
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Businesses must report details of their operations, number of employees, revenue, and any previous claims or losses when filling out re mandatory general liability form.
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