Business Interruption Insurance:

Covers the loss of income that a business suffers after a disaster.

Commercial Auto Insurance:

Provides coverage for vehicles used by a business, including cars, trucks, and vans.

Commercial General Liability (CGL) Insurance:

Protects a business from financial loss due to liability claims for bodily injury and property damage.

Cyber Liability Insurance:

Covers a business for losses caused by data breaches and other cyber events.

Directors and Officers (D&O) Insurance:

Protects the personal assets of corporate directors and officers in the event they are sued for alleged wrongful acts in managing a company.

Employment Practices Liability Insurance (EPLI): 

Covers claims made by employees against the company, such as discrimination, wrongful termination, and harassment.

Errors and Omissions (E&O) Insurance:

Also known as Professional Liability Insurance, it protects against claims of negligence or inadequate work.

Fidelity Bond:

Protects a business from loss due to employee theft or fraud.

General Aggregate Limit:

The maximum amount an insurer will pay for all claims during the policy period.

Inland Marine Insurance:

Covers property in transit over land, certain types of moveable property, and the property of others.

Liability Insurance:

Protects a business against legal claims for injury or damage.

Policyholder:

The person or entity that owns an insurance policy.

Premium:

The amount paid for an insurance policy.

Property Insurance:

Covers damage to or loss of the business's physical assets.

Surety Bond:

A contract among at least three parties to ensure obligations are met.

Umbrella Insurance:

Provides additional liability coverage beyond the limits of other policies.

Underwriting:

The process an insurer uses to evaluate the risk of insuring a business and to decide the terms of the policy.

Workers' Compensation Insurance:

Provides benefits to employees for work-related injuries or illnesses.