Business Insurance Glossary

Insurance that protects a business against claims of bodily injury or property damage caused by the business's operations, products, or services.

Coverage that helps replace lost income and cover extra expenses when a business has to temporarily shut down due to a covered loss.

Insurance that provides benefits to employees who suffer job-related injuries or illnesses, including medical expenses and lost wages.

Insurance that protects a business's physical assets, such as buildings, equipment, inventory, and furniture from damage or loss.

Insurance that protects a business from financial losses resulting from data breaches, cyberattacks, and other technology-related risks.

A combined insurance policy that bundles property, liability, and business interruption coverage for small to medium-sized businesses.