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Commercial insurance

The mainstream commercial classes — business interruption, public and employers' liability, directors' and officers', product liability, trade credit, cargo.

10 entries

Business interruption insurance
Business interruption insurance is the class of commercial insurance that indemnifies a business for the loss of gross profit, revenue or earnings, and the increased cost of working, that it suffers a…
Cargo insurance
Cargo insurance is the class of marine insurance that indemnifies the owner of goods - or another party with an insurable interest, such as a buyer, seller or financier - against loss of or damage to…
Combined commercial policy
A combined commercial policy is a single package insurance contract that bundles several standard business covers - typically property damage, business interruption, public liability and employer's li…
Commercial insurance
Commercial insurance is the collective term for non-consumer insurance products purchased by businesses, partnerships, sole traders, charities and other organisations to transfer the financial consequ…
Directors and Officers insurance
Directors and Officers (D&O) insurance is a liability product that protects directors, officers and certain other senior managers of a company against personal financial loss arising from claims alleg…
Employer's Liability (Compulsory Insurance) Act 1969
The Employer's Liability (Compulsory Insurance) Act 1969 is the United Kingdom statute requiring employers carrying on business in Great Britain to maintain insurance against liability for bodily inju…
Employer's liability insurance
Employer's liability insurance is the compulsory class of insurance that indemnifies a UK employer against legal liability to pay damages, and associated costs, to employees who suffer bodily injury…
Product liability insurance
Product liability insurance indemnifies a manufacturer, importer, supplier or distributor against legal liability to third parties for accidental bodily injury or property damage caused by a defect in…
Public liability insurance
Public liability insurance protects a business against the financial consequences of being held legally liable for accidental bodily injury to, or property damage suffered by, third parties (members o…
Trade credit insurance
Trade credit insurance is a pecuniary insurance product that indemnifies a business against the risk of non-payment by its commercial customers for goods or services supplied on credit terms, principa…