Definitions of Business Insurance Coverage

Would you like a quote or to find out more about business insurance? Contact us today

Property - Covers building and business personal property (contents), equipment, stock, furniture and fixtures.

Business Income Coverage - In the event of a covered loss, this coverage may reimburse you for the net income you would have earned had the loss not occurred. Losses due to down time or expenses needed to restore operations (such as additional property rental may be covered.

Liability Coverage - General liability coverage may protect you against claims arising from customers injuring themselves on your property or while using your products. Damage to other's property, advertising injury, premises operations, fire legal liability and related legal defense costs may also be included.

Workers Compensation Insurance - Pays for the rehabilitation, recovery of medical bills of employees work related injuries as well as for lost time when they are off work due to a work related injury. Workers comp is not a substitute for health or medical insurance. Employees are only covered for on-the-job injuries.

Professional Liability - Protects you against claims resulting from professional services rendered by you to your clients. This type of insurance covers you and your employees in the event someone claims you incorrectly performed or failed to perform your professional duties.

Employment Related Practices Liability - May cover wrongful termination, sexual harassment, discrimination, mental anguish and other employment related litigation. Also provides defense coverage, whether allegations are true or not