Business insurance, also known as commercial insurance, is a type of coverage that provides financial protection to businesses and organizations. It is designed to help businesses mitigate risks and recover from unexpected events that could otherwise lead to financial loss or legal liability. Business insurance policies can vary widely depending on the type of business, its size, and the specific risks it faces. Here are some common types of business insurance:
General Liability Insurance
Property Insurance
Business Interruption Insurance
Workers' Compensation Insurance
Professional Liability Insurance
Umbrella/Excess Liability Insurance
Fidelity Bonds
Product Liability Insurance