Business owners Policy is the most common policy that one comes across for small businesses. It offers cover for all the risks involved with liability and property insurance. However, business owners are not completely aware of other policy coverage. This is what we are going to shed light on this page.
Employment Practices Liability Insurance
The employment practices liability insurance takes care of damages that include violation of the civil or other legal rights of the employee. The insurance also takes care of legal defense costs too.
Errors and Omissions Insurance Liability
In some of the businesses, we often find services like making recommendations, offering advice, providing physical care, etc. This can often lead to being sued by the customers for any injury or damage to them that is claimed due to the failure of the business to do a job properly. The errors and omissions liability insurance take care of these situations and offers legal defense costs.