It helps defend your small business from property damage brought on by flooding, which is generally excluded from most basic property insurance coverages. Professional legal responsibility insurance is often offered on a claims-made foundation, which implies that the claim will solely be lined if both the incident and the declare happen whereas the policy is in force. If protection is dropped, incidents that occur earlier than the coverage was dropped however not filed until after the protection is dropped is not going to be lined. Workers’ Compensation Insurance covers wages and medical expenses for your employees who are injured whereas on the job. If an injured employee decides to simply accept these these financial benefits, he or she agrees not to sue your small business.
Representation and Warranty Insurance provides safety for the client within the form of monetary compensation for losses regarding a vendor’s breach of illustration or guarantee. … Read More