What Are The Benefits Of Business Owners Insurance?
Commercial insurance is designed to help protect many of the risks your business can face, including: damage or destruction to your business vehicles certain liability exposures resulting from the operation of your business vehicles damage or destruction to your office equipment or inventory loss of income in case you have to close-up shop temporarily because of a covered loss certain business related liability exposures such as, wrongful entry or search, libel, slander and even certain offenses arising out of your businesses advertising risks to your cargo while in transit or storage theft or loss of tools and equipment crime coverage including robbery, burglary, even employee dishonesty
Popular Insurance Questions
Popular Insurance Glossary Terms
Organization of local life underwriter associations representing life and health insurance agents on practices of selling and servicing life and health insurance products. NALU sponsors ...
Same as term Annual Statement: report that an insurance company must file annually with the State Insurance Commissioner in each state in which it does business. The statement shows the ...
Same as term Close Corporation Plan: prior arrangement for surviving stockholders to purchase shares of a deceased stockholder according to a predetermined formula for setting the value of ...
Endorsement to an automobile policy that pays specified amount for towing and related labor costs. ...
Same as term: Beneficiary; Beneficiary Clause: ...
The definition for retainer agreement: work for hire contract that provides a client with a fixed number of work-hours from freelancers or lawyers. Even a real estate lawyer uses this type ...
Term in pensions; leaving a job before normal retirement age, subject to minimum requirements of age and years of service. There usually is a reduction in the monthly retirement benefit. ...
Process under which terminally ill people sell their life insurance policy for value thereby excluding the policy from being subject to the transfer for value under the three-year rule. ...
Rights and duties of an insured as a prerequisite for collecting benefits. For example, in the event of property damage, the insured may be required to submit proof of loss to the insurance ...
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