Commercial Insurance, Business Liability, Health, Workers’ Compensation, And More

Property Insurance

Property Insurance covers the risk of property loss in various commercial situations, including commercial buildings, equipment, furniture, fixtures, inventories, business records, supplies, and other physical items.

Property Insurance may cover two types of property losses:

• Direct losses may be covered when the property is lost, stolen, damaged, or destroyed
• Indirect or consequential losses related to direct losses may also be covered
  

Commercial General Liability Insurance

Casualty Insurance consists primarily of business liability coverages, which protect an insured party against injury or damage claims made by other parties.

Policies provide coverage for business liability arising out of:

• Premises and Operation
• Fire Damage Liability (damage by fire to premises rented to insured)
• Personal and Advertising Injury
• Medical Payments
• Products/Completed Operations
  

You may want to consider a Business Owners Package that combines your Liability, Property, and other types of coverage into one comprehensive policy that can help you save time and money on your total insurance program. And since we live in an age of million-dollar lawsuits, you may also want to add extra liability protection in the form of a Commercial Umbrella Policy. We can tell you more about these plans and if they make sense for you.

Workers' Compensation Insurance

Workers' Compensation coverage applies to bodily injury and diseases arising out of and in the course of employment. Any bodily injury must be accidental, and the term includes death resulting from the accident. Only occupational diseases, which are unique to the occupation, are covered.

Workers' Compensation insurance provides for the payment of four types of benefits:

• Medical benefits
• Income benefits
• Death benefits
• Rehabilitation benefits
  

A representative can provide you with complete details on Workers' Compensation Insurance and recommend cost-effective ways to control expenses through safety engineering and claim services.

First-Named Insured is the first "named insured" listed on the policy declarations (front page). This insured acts as the legal agent for all named insureds in initiating cancellation, requesting policy changes, or accepting any return premiums. The first named insured may also be responsible for the payment of the premiums.

Additional Insured is an entity to which a policy's coverage is extended. An additional insured must be added to the policy before a claim is paid. There must be a tied relationship between the additional insured and named insured. Being an additional insured on another's policy does not eliminate the need for someone to have their own Commercial General Liability policy.