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-Directors and Officers Liability-
Directors and Officers Liability Directors and officers (D&O) liability insurance protects corporate officers and directors from claims alleging they performed their duties improperly and is a type of errors and omissions insurance. Lawsuits can be filed by shareholders, regulators, state investigators, or other third parties and this coverage is designed to cover claims based on…
Read More-Claims Made Coverage-
Claims Made Coverage Claims made coverage is a form of liability insurance. Most of the time this coverage form is reserved for professional liability however, it can be used when writing general liability on large complex risks. This policy differs from and occurrence policy as with the occurrence policy the claim must occur during the…
Read More-Loss of Business Income-
Loss of Business Income Loss of business income resulting from losses covered by a Commercial Property policy, to either building(s) or business contents, can result in a reduction or complete loss of business revenues. The resulting losses can either substantially harm the business in its operations or even put a business out of business. Business…
Read More-Commercial Property-
Commercial Property A commercial property policy is designed to encompass the many different exposures of a business. It consists of, not only, basic coverages, but also, offers the option of adding additional coverages via endorsement. Endorsements allow you to add or delete coverages/exposures to an insurance policy. Read More – Click Here Basics Commercial Property…
Read More-Business Owners Policy-
Business Owners Policy The Business Owners Policy or BOP consists of two coverage parts – Property and general liability and provides coverage for main street businesses. Read More – Click Here Property Covered Property: Building and structures, completed additions, permanently installed equipment, business personal property, fixtures, tenant improvements and betterments, and exterior building glass. There…
Read MoreWhen The Lights Go Out: How To Plan For A Power Blackout Caused By Winter Weather Conditions
Do you know just what to do in the event of a power failure this winter? Discover why winter weather condition causes these failures, how you can develop a power interruption readiness plan, and which alternative power sources to consider to stay secure and warm throughout any kind of extreme winter storm. Proper prep…
Read MoreNOT ALL THIEVES ARE STUPID
Stay alert and informed. Knowing is half the battle against theft.
Read MoreScheduled Personal Property
Scheduled Personal Property Insurance Scheduled Personal Property(SPP), known by many names — Special Personal Property, Personal Inland Marine, or Personal Articles Floater(PAF) — all are the same thing depending on who, and what company, you are talking to. Read More – Click Here Description of Coverages Personal Property coverage is included in Homeowners Insurance, Renters Insurance, and Condo…
Read More-Workers Compensation-
About Workers Compensation Coverage The workers compensation policy consists of 3 parts. The three parts of the policy are the workers compensation portion, the employers’ liability portion and other states insurance. Read More – Click Here Coverages Part 1 – Workers compensation: The intent of the part 1 of the workers compensation policy is to…
Read More-General Liability-
About Commercial General Liability Commercial general liability covers the sum of money the insured is legally obligated to pay to others because of bodily injury or property damage caused by an occurrence. Read More – Click Here Common Insurance Terms Occurrence: An accident, including continuous or repeated exposure the substantially the same general harmful conditions. …
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