How is business income coverage triggered?
How is business income coverage triggered?Standard insuring agreements typically require three elements be present to trigger coverage: A covered cause...
BUSINESS
What are 4 main types of coverage and insurance?
What are 4 main types of coverage and insurance?Most experts agree that life, health, long-term disability, and auto insurance are...
What is not protected by homeowners insurance?
What is not protected by homeowners insurance?Termites and insect damage, bird or rodent damage, rust, rot, mold, and general wear...
Why do we need professional liability insurance?
Why do we need professional liability insurance?Professional liability protects your clients if there are errors or omissions in their work....
What triggers a D&O claim?
What triggers a D&O claim?D&O insurance claims are paid to directors and officers of a company or organization for losses...
Why is casualty insurance important?
Why is casualty insurance important?Casualty insurance provides liability coverage in case you're responsible for other people's property damage or injuries....
Does business income have a deductible?
Does business income have a deductible?Answer: Business income generally does not have a monetary deductible. The only deductible that normally...
What are the two most important insurance options available to a business?
What are the two most important insurance options available to a business?Here are some insurance types that a business must...
Is HO6 cheaper than HO3?
Is HO6 cheaper than HO3?The HO3 policy will usually only return you the Actual Cash Value of the items you...
What are the two types of insurance agents?
What are the two types of insurance agents?There are two types of insurance agents: Captive agents typically represent only one...
