A comprehensive liability insurance policy provides coverage beyond your standard policy. It helps cover claims that exceed specific liability policies' limits. For instance, if your business requires public contact, there is a higher liability risk. Similarly, if your business comes under the construct...
Periodical Increase of Benefits during Sunday & Public Holiday by additional 20% value Back to the top Personal Accident Provide compensation for accidental death or permanent total disablement of Insured or employees as a result of robbery or attempted theft occurred inside the Business Premises up ...
Closing your business voluntarily:If you decide that you do not want to continue with your business after serious damage, you will not be able to collect benefits under your interruption policy. The policy is only activated if you decide that you want to repair and reopen your business. ...
Workers Compensation Insurance: Also referred to as Workers Comp, Workers Compensation Insurance is the form of insurance which provides medical benefits and wage replacement to your employees if they are injured on the job. It is mandatory for small businesses in most states if you have above a...
A Business Owner's Policy (BOP), or BOP Insurance, combines business property and business liability insurance into one convenient policy. BOP Insurance helps cover your business from claims resulting from things like fire, theft or other covered disaste
Some policies also cover employees' salaries. In general, the benefits paid under a business interruption insurance policy are taxed as business income, but the policy premiums are tax deductible. The tax status depends on the type of policy and is subject to change, however, so small business...
Business Liability Insurance Keeps You In Business. Every business benefits from adequate Commercial General Liability coverage. CGL insurance protects you if a customer is injured at your place of business. It would also cover damage or injuries caused by your employees at a client's site. ...
This service benefits businesses and sole proprietors, offering customized insurance suggestions for industries like landscaping, accounting, or photography. While Simply Business does not handle claims directly, the selected insurer does. It helps by making policy documents accessible and connecting you wi...
Not surprisingly, what business interruption insurance does and does not cover came under particular scrutiny during the COVID-19 outbreak and the resulting business shutdowns and curtailments. The answer, unfortunately, is that for the most part policy holders are not covered. In recent years, t...
Abusiness owner insurance policyoffers small and midsize companies broad protection against financial loss. If a property is damaged by fire or flooding, the insurance company may pay the cost of repairs. It also might cover the owner’s legal liability for bodily injury to someone if the busin...