A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Types of Policy

Business Interruption Insurance
Business Interruption Insurance

Contingent business interruption (CBI) coverage is designed to cover an insured’s business income loss resulting from loss, damage, or destruction of property owned by others, including: direct “suppliers” of goods or services to the insured and/or direct “receivers” of goods or services manufactured or provided by the insured.

source: marsh.com
image: corpsyn.com
Collision Insurance
Collision Insurance

Collision coverage can help protect you from paying costly fees to repair or replace your car. Drive with peace of mind. Adding collision coverage to your policy can help you be better protected for wherever the road takes you.

source: allstate.com
Comprehensive Insurance
Comprehensive Insurance

What Is Comprehensive Insurance? Updated: June 2017 Comprehensive insurance is a coverage that helps pay to replace or repair your vehicle if it's stolen or damaged in an incident that's not a collision.

source: allstate.com
Gap Insurance
Gap Insurance

Guaranteed Auto Protection (GAP) insurance (also known as GAPS) was established in the North American financial industry. GAP insurance is the difference between the actual cash value of a vehicle and the balance still owed on the financing (car loan, lease, etc.).

Home-Based Businesses
Home-Based Businesses

The RLI Home Business Insurance policy, specifically designed for home-based businesses, crafters, and hobbyists, is written on an ISO BOP form. While standard homeowner endorsements offer some coverage, many DO NOT cover most business-related losses.

source: rlicorp.com
Liability
Liability

Auto liability insurance is a type of car insurance coverage. Drivers in most states are required to have bodily injury liability and property damage liability coverage. If you cause an accident that injures another person or damages their property, liability coverage may help pay for their medical expenses or repair bills.

source: allstate.com
Liability Coverage
Liability Coverage

Each state sets minimum coverage limits for bodily injury liability and property damage liability that drivers must purchase, but you may decide to buy additional coverage. You may see three liability coverage limits on your car insurance policy: Property damage liability limit.

source: allstate.com
Medical Payments Coverage
Medical Payments Coverage

Medical payments coverage can help pay for the medical or funeral expenses of covered drivers and passengers after an accident, regardless of fault. In most states, it's an optional addition to your car insurance policy.

source: esurance.com
Personal Injury Protection Insurance
Personal Injury Protection Insurance

PIP stands for personal insurance protection (personal injury protection), and it is an extension of car insurance that covers medical expenses and, in many cases, lost wages. It is often called “no-fault” coverage because its inherent comprehensiveness pays out claims agnostic of who is at fault in the accident.

Product Liability Insurance
Product Liability Insurance

Product Liability Insurance Definition Protection against financial loss arising out of the legal liability incurred by an insured because of injury or damage resulting from the use of a covered product or out of the liability incurred by a contractor after a job is completed (completed operations cover).

source: irmi.com
Professional Liability Insurance
Professional Liability Insurance

Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

Property Insurance
Property Insurance

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or boiler insurance.

Related Resources:
Related Resources:

Policy Framework and Hierarchy REGENT LAWS AND POLICIES Laws Policies UNIVERSITYWIDE ADMINISTRATIVE POLICY STATEMENTS (APS)

source: cu.edu
image: mlit.go.jp
Uninsured and Underinsured Motorist Coverage
Uninsured and Underinsured Motorist Coverage

Understand uninsured and underinsured motorist coverage, and uninsured bodily injury: learn how it works, where it is required, what it costs, whether or not you need it and more.

source: insurance.com
Vehicle Insurance
Vehicle Insurance

While different states mandate different types of insurance and there are several additional options (such as gap insurance) available, most basic auto policies consist of: bodily injury liability, personal injury protection, property damage liability, collision, comprehensive and uninsured/underinsured motorist.

source: iii.org
Workers' Compensation Insurance
Workers' Compensation Insurance

Workers compensation insurance serves two purposes: It assures that injured workers get medical care and compensation for a portion of the income they lose while they are unable to return to work and it usually protects employers from lawsuits by workers injured while working.

source: iii.org
image: efoza.com