Business Insurance
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Business Interruption Insurance Sep 5, 2008
A natural disaster like a tornado or a fire can strike your business at any time, possibly resulting in a forced shutdown and an interruption of your normal business process. Such an event can lead to direct losses and indirect losses. Although your business's property and casualty insurance will likely cover your direct losses (e.g., any property that's been damaged, the expense of rebuilding your business facility), it probably won't cover any indirect losses.
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Business Liability Insurance Basics Sep 5, 2008
If you're in business for yourself, you know that your personal liability insurance won't cover losses related to your business activities. But what if you're sued? An expensive lawsuit could wipe you out before you get started or critically damage the valuable business you've built. Now is the time to talk to your insurance agent about business liability insurance.
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Business Overhead Expense Insurance Sep 5, 2008
Business overhead expense insurance is a type of disability insurance that's designed to protect your business if you become disabled. Specifically, it provides monthly payments to your business for a specified period of time so that your business can meet its routine expenses and remain open while you're disabled. Though you're the insured under the policy, the business is the owner and the beneficiary.
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Commercial General Liability (CGL) Sep 5, 2008
A commercial general liability (CGL) policy will insure your business against general liability exposures, unless a possible liability is specifically excluded from coverage. Benefits are paid for actual damages and legal costs when the business is held legally responsible for bodily injury, property damage, or personal and advertising injury liability. If someone is injured on the premises of your business, benefits may be paid even if the business is not held legally responsible.
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Disability Income Insurance for the Self Employed Sep 5, 2008
Your ability to earn income is your most valuable asset. It allows you to buy and maintain assets such as your house, your car, and your jewelry. People routinely insure these types of property against loss, yet a lot of us neglect to buy insurance for the one cash source that makes it possible to maintain a particular lifestyle--the ability to earn income.
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Do You Need Crime Insurance? Sep 5, 2008
Unfortunately, businesses of all sizes and in all industries are vulnerable to dishonest acts. Crime insurance provides coverage that isn't part of general business insurance policies. It is designed to protect your business from losses that result when your employees or other third parties commit dishonest acts. |
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