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What is typically covered under small business insurance?
Small business insurance is geared to industry so what is covered will depend on what industry you are in and which insurance company your policy is supplied from.
Can a commercial business insurance policy protect you if your personal pet bites someone?
No pet bites would be covered under your homeowners or renters insurance policy.
Do I need general insurance for my business?
If you are purchasing insurance for your business or employees the nit would be a good idea to have an agent. They can answer any questions and set up your policy for you. Try www.insuranceforvolunteers.com/
What is covered by a trade credit insurance policy?
Trade Credit Insurance is a type of insurance which is offered to businesses. The insurance policy covers accounts receivable, guards against bankruptcy, and protects the business against credit risks.
Is your car covered by homeowners insurance on their property?
No. Your Car is covered by your Auto Insurance Policy. It is never covered by a homeowners policy no matter whose property it is on.
What is the difference between insured and insurer?
The insured is the person or entity who is covered by the insurance policy. The insurer is the entity (insurance company)that pays to, or on behalf, of the insured for a covered loss. That which is covered by the policy is set forth in the insurance policy.
What is The different between insurer and insured?
The insured is the person or entity who is covered by the insurance policy. The insurer is the entity (insurance company)that pays to, or on behalf, of the insured for a covered loss. That which is covered by the policy is set forth in the insurance policy.
Are you required to be on car insurance policy to be covered?
Yes. If you're not on the policy... you're not covered
What is standard fire policy?
A fire Insurance Policy is Fire Insurance for the covered property indicated on the policy.
What is a key person life insurance policy?
A key person life insurance policy is not a special kind of policy. The use of the policy is what makes it a key person policy. Key person life insurance is an arrangement by which a business buys a life insurance policy on the life of a key employee.Companies realize that when they lose key employees, the business itself can suffer a loss of that person's expertise and/or revenue that he brings to the firm. If the employee dies, the business receives policy proceeds. Theoretically, the death benefit equals the losses that the business suffered as a result of his/her death.
Does insurance cover a minor driver who is not on your policy?
If they are not on your policy then they are not covered.
Importance of business policy?
A written business policy communicates your companies expectations about employees appropriate employee work performance. Policy illustrates the acceptable performance boundaries.
