Helpful Small Business Insurance Terms and Definitions
General Liability Insurance
Professional Liability Insurance
Errors and Omissions Insurance
Cyber Liability / Data Breach Insurance
Workers' Compensation Insurance
Business Owner’s Policy
Data Breach Insurance
Certificate of Liability Insurance
Additional Insurance Offerings
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Certificate of Liability insurance
The method of identifying and minimizing risks that threaten your business.
Lawsuits, fire damage, and employee injuries are just a few of the risks your business faces. Practicing risk management means finding ways of minimizing these risks and covering your liability.
For example, to manage the risk of property theft at your place of business, you may decide to purchase Property Insurance, install a security system, and implement protocol for securing valuable property.
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