business protection insurance coverage: does it really work?

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Ask several people andyou will find thatinsurance is one of themost dreaded topicsthat they want to talk

about.

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Insurance policies tend tocontain a number of complexpapers that could not be easilyunderstood at a single glance.

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Unless explained by a professionalinsurance agent or broker

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The legal jargon and computationscannot be comprehended easily…

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So, What is a business protection insurance?

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It serves as a hedge against

future legal claims from third parties

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3 Main Types of Business Insurance

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1. Employer’s Liability

Insurance

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1. Employer’s Liability Insurance

Injuries/DiseaseOther grave things

that could happen to youremployee in the course ofperforming their job in theworkplace

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2. Product Liability

Insurance

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2. Product Liability Insurance

Manufacturing Defect that resulted

to injuries, disease, and othergrave things to injury, death, orproperty damage

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3. Public Liability Insurance

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3. Public Liability Insurance

Damages to property or injury

of a member of the general public

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What Is Covered In Your

Insurance?

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Payment for claims in property damage,

bodily injury, advertising injury, and

personal injury.

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The scope of these may extend up to

retribution for the loss and even restitution

for death

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Ultimately, the choice is yours….