What are the two types of insurance?

What are the two types of insurance?

Different Types of Insurance Policies Available in India Health Insurance. Motor Insurance. Home Insurance. Fire Insurance. Travel Insurance.

What insurances do you need to start a business?

The different types of business insurance that you need to be aware of are: Public liability insurance. Employers’ liability insurance. Product liability insurance. Professional indemnity insurance. Business interruption insurance. Business contents insurance. Key-man insurance. Credit risk insurance. More items…

What is a business insurance policy?

Business insurance coverage protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks.

What are five main insurance policies a business should or must hold?

5 Essential Business Insurance Policies You Should Have Public liability insurance. …Property insurance. …Business interruption insurance. …Workers compensation insurance. …Cyber insurance.

What is AD & O policy?

Directors & Officers (D&O) Liability insurance is designed to protect the people who serve as directors or officers of a company from personal losses if they are sued by the organization’s employees, vendors, customers or other parties.

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