Forms of Business Insurance (II)

Posted by arkam | June 24th, 2010 in Business Insurance | No Comments »

There are more additional forms of business Insurance beside the previous article, and here there are :

9) Worker’s Compensation: This compensates your employees for medical services and other benefits associated with paying employees’ dependents, who lost their lives in accidents with their jobs.

10) Business Self-Insurance: If your car for business purposes, you should ensure your car to receive a liability and collision coverage.

11) Inland Marine: Inland marine insurance covers only a high-risk, moveable objects of the declared value in withholding situations. These objects may not be covered under standard property insurance business.

12) Directors and officers: directors and officers are protected from liability for alleged errors in pronunciation, rights violations and illegal procedure.

13) Business interruption: This pays for your loss of income due to any damage that resulted in the temporary closure of your business.

14) Travel: This includes accidents suffered by your employee when he travels for business needs, outside his normal work place for one of the transports.

15) Key person Life: This is planned to protect your business against your loss of income from the death or disability of a significant person in your company.

16) Umbrella: This provides more coverage than the standard form policies, together with additional liability coverage


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