 Commercial Property and General Liability
The Commercial General Liability Policy provides
insurance protection needed to pay damages for which
the insured is legally responsible. Major coverages
include bodily injury and property damage liability,
personal injury and advertising injury liability,
and medical payments. Coverage can be expanded or
restricted with endorsements.
Property and Business
Continuation coverage insures buildings, business
personal property, and loss of income due to damage
from covered perils.
Professional Liability protects
against claims arising from your acts, errors
or omissions in the furnishing of professional services
or advice.
Directors and Officers Liability protects
against claims for negligent acts, errors or
omissions alleged to have been committed by present
or former directors and officers of your corporation.
Umbrella
and Excess Liability provides a higher limit
of coverage for extra protection over scheduled
liability coverage, to act as primary coverage if your underlying
limits are exhausted, and to provide coverage
for some risks when your primary coverage does not.
Auto, Truck and Fleet
The liability portion of the commercial auto policy
provides protection against legal liability arising
out of the ownership, maintenance, or use of any
insured automobile, including business-owned vehicles,
hired autos, and non-owned autos driven by employees
for business purposes. The coverage includes legal
defense costs in addition to the policy limits. Medical
payments coverage will pay medical and funeral expenses
incurred by an insured because of bodily injury caused
by an accident, regardless of fault. Collision and
Comprehensive coverages provide protection against
physical damage or loss to business autos.
Commercial Crime
The Commercial Crime Policy can be purchased with
a variety of coverages, all protecting the business
from criminal acts. Examples include Employee Dishonesty,
Forgery or Alteration, Theft, Disappearance and Destruction,
Robbery and Safe Burglary, Premises Burglary, Computer
Fraud, and Extortion.
Workers Compensation
This coverage provides payment of benefits to an
employee who suffers a work-related accident or illness.
Benefits are paid to the employee without regard
to fault. Policy limits and requirements are established
by the workers compensation law or occupational disease
law of any state listed in the policy. Employers
are protected by statute against other work injury
liability except where due to extreme negligence.
Employee Benefits
A variety of benefits components are available,
including group medical, dental, vision, long term
care, group life, short and long-term disability
insurance, and Section 125 Cafeteria Plans. Businesses
may also purchase insurance to ensure business continuation
or to indemnify the business for loss of a key employee.
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