4 04, 2023

Major Coverage types applicable to Commercial lines of business

2023-04-25T12:24:39+00:00April 4, 2023|Insurance|0 Comments

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| ByWinsurtech

Introduction: Commercial business insurance protects companies and organizations. Mainly, it’s designed to protect the company, its owners, and its employees. Commercial insurance, also known as business insurance, protects your company financially against common risks such as client lawsuits, customer or employee injuries, property theft and [...]

2 01, 2023

PERSONAL AND COMMERCIAL LINE INSURANCE

2023-04-24T05:40:22+00:00January 2, 2023|Insurance|1 Comment

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| ByWinsurtech

PERSONAL LINE INSURANCE The term "personal insurance" refers to any type of insurance that covers an individual against loss caused by death, injury, or property loss. These insurance lines generally protect people and their families against losses they cannot afford to cover on their own. [...]

31 08, 2020

What does General Liability Commercial Insurance (ACORD 126) mean?

2023-04-24T10:45:04+00:00August 31, 2020|ACORD AL3, Insurance|0 Comments

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| ByWinsurtech

Introduction Commercial General Liability (CGL) insurance is defined as an insurance policy that covers a business for bodily injury, personal injury, and property loss caused by the business’s operations, outcomes, or injuries that occur on the business premises. This liability insurance is also considered as [...]

17 08, 2020

What is Inland marine Commercial Insurance(ACORD 152)?

2023-04-24T10:52:32+00:00August 17, 2020|Insurance|0 Comments

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| ByWinsurtech

Introduction As we know, “marine insurance” is a coverage policy that covers products when transported over water. Unlike marine insurance, inland marine insurance covers goods, materials, and equipment when transported over the land. This transportation may be via truck or train—or while temporarily warehoused by [...]

15 06, 2020

What is a commercial package insurance policy?

2020-06-15T06:27:04+00:00June 15, 2020|Insurance|0 Comments

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| ByWinsurtech

Introduction Commercial package policy commonly known as a CPP is an insurance policy that is designed to protect a business from various types of commercial risks. It combines coverage for multiple risks, such as liability and property risk in a single policy. Under a CPP, a [...]

1 06, 2020

What is a Commercial Auto Insurance Policy?

2023-04-24T11:24:37+00:00June 1, 2020|Insurance|0 Comments

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| ByWinsurtech

Introduction to Commercial Auto insurance policy Commercial auto insurance policy is needed by a business that requires a vehicle for its operations. This policy protects small businesses when their vehicles are involved in a collision or are stolen, vandalized, or damaged. It also provides financial [...]

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