What is the required amount of general liability insurance coverage per incident?

The correct answer indicates that the required amount of general liability insurance coverage per incident is $300,000. This level of coverage is significant because it helps ensure that a business is adequately protected against claims that may arise from incidents such as bodily injury or property damage.

Having $300,000 in coverage per incident means that if a claim exceeds that amount, the business could face major financial consequences. Liability insurance is crucial for any business operating within the security industry, as it helps safeguard against lawsuits and claims resulting from operational activities. Choosing the correct amount of coverage reflects an understanding of the legal and financial responsibilities that come with providing security services.