Different types of Commercial Insurance | iInsure365

1. COMMERCIAL INSURANCE FOR EVERY TYPE OF PROPERTY Commercial insurance is an individual requirement that needs to be right for the person and property. So we would need to discuss at length with you your requirements. We are here to help you make the right decision for your business. We have highlighted here different types of commercial insurance that you should know. Business liability insurance 1 Business liability insurance, also known as commercial general business liability, is very important—it can protect you in case you’re sued by a third party Property insurance 2 Another type of commercial insurance is property insurance. Think physical disasters: fire, theft, flood. Business auto insurance 3 Business auto insurance is going to be especially important if you have cars owned by your business. Terrorism insurance 4 The Terrorism Risk and Insurance Act (TRIA) requires owners of certain types of commercial property to offer business owners the opportunity to buy coverage against terrorist attacks Key employee insurance 5 Could be used to compensate a business if a key employee dies or is disabled. This might help with lessening any adverse impacts from losing a key employee’s presence. Workers’ compensation insurance 6 This coverage can pay for any medical care and replace partial wages for an employee who is injured while working. https://iinsure365.co.uk/