Professional Indemnity insurance is for businesses that provide consulting services, in which employees offer professional advice on behalf of the company. Professional Indemnity is to safeguard such businesses from suffering negative consequences should third party losses arise from any negligence on the part of the company and/or its employees.

Credit Insurance protects a business in the event that its customers do not pay for the services provided. If you have not been in business long, it will be hard for you to get credit insurance, because of the high risk to the insurer. The purpose of legal expense insurance is to cover a business’s legal costs should the business become involved in a legal dispute.

Businesses such as retail stores, recreation facilities, or any others that deal extensively with the public should have public liability insurance. This type of insurance helps businesses with legal costs and claims for third party losses incurred in business. Businesses that produce goods need product liability insurance, which covers against claims of loss to the consumer resulting from defective products.

For protection against damages from fire and other hazards, businesses need premises insurance. It is crucial that you familiarize yourself with your policy and make yourself thoroughly aware of exactly what your premises insurance coverage includes. Office insurance provides businesses coverage for office equipment, such as faxes, copy machines, computers, and the like. The equipment it covers depends on the specific needs of the business. Factory Insurance, similar to office insurance, is coverage for machinery and equipment. It also safeguards your business against risks such as theft and fire. There is even office insurance designed for those who work from home. Home office insurance also covers the office equipment necessary for your home business needs. Home office insurance is usually not included in homeowners insurance so, if you have a home office, be sure to check your policy accordingly.

Businesses with employees must have employer’s liability insurance. This coverage protects against claims of physical harm or death during employment. Fidelity insurance will protect you against losses resulting from fraudulent action by employees. Key person insurance covers the replacement and, if necessary, training of a new employee should you lose a key employee to death or serious debilitating injury. Get complete information about what your policy covers and what this type of insurance policy entails when you get the key person insurance we offer.

Business travel insurance is like regular insurance in that it covers losses and/or damages incurred while traveling. Business travel insurance specifically covers loss and damage to business equipment. Some business travel insurance policies cover the costs of delivery of replacement equipment by emergency couriers. The cost of replacing an employee in the event of illness or death during business travel is covered by some business travel insurance policies. Commercial motor insurance protects businesses from liability incurred in the event of an auto accident. Commercial motor insurance covers death or injury to those involved, except for employees who are working, because employer’s liability insurance covers them.