Business Insurance
Business insurance is a type of insurance designed to protect businesses from financial losses due to various risks. It typically includes several coverage types, such as:
- General Liability Insurance: Covers legal costs and damages from injuries or damages to third parties.
- Property Insurance: Protects physical assets, including buildings and equipment, against theft or damage.
- Workers' Compensation Insurance: Provides benefits to employees injured on the job.
- Professional Liability Insurance: Covers claims of negligence or errors in professional services.
- Business Interruption Insurance: Compensates for lost income due to unexpected events that disrupt business operations.