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Provides
coverage for sums you are legally obligated to pay because
of Bodily Injury or Property Damage caused by an occurrence
arising out of the ownership, maintenance or use of your premises
or operations. Most policies provide coverage for:
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Provides
coverage for damages arising out of ownership or occupancy
of the premises as well as damages arising out of operations
performed by you.
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Provides coverage for damages arising out of products manufactured, sold, handled or distributed by you.
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Pays medical expenses resulting from bodily injury caused by an accident on premises owned or rented by you, or when caused by your operations.
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Pays for
damage caused by your negligence to rented premises.
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Pays for
injury resulting from offenses such as false arrest,
malicious prosecution, wrongful detention, imprisonment,
entry, or eviction and other acts of invasion, or rights
of private occupancy. Coverage for libel and slander
is also provided in the policy.
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Pays for damages caused in the course of oral or written
advertisement that disparages, libels or slanders a
person’s or organization’s goods, products
or services.
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If you provide
a professional service, claims may arise due to your
failure to render those services properly, resulting
in a suit against you or your company. Provides protection
in the event you are held liable for damages due to
errors or omissions of those provided services.
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Pays on behalf
of a Director or Officer for loss arising from claims
during the policy period by reason of wrongful acts
made while acting in their individual or collective
capacities as Directors or Officers. Coverage is written
on a “claims made” basis. Prior acts are
covered if the claim arising from the act(s) is made
during the policy period, subject to a retroactive date.
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Provides
additional liability coverage which is excess of other
underlying liability insurance carried by you. It also
covers all, but a few specifically excluded liability
exposures, and can be subject to a self-insured retention
on claims to which no underlying insurance applies.
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The following
is a brief outline of coverage and how they are used within
the Commercial Building and Personal Property coverage form.
Most policies provide coverage for:
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• Building
and structures
• Completed additions to covered buildings
• Outdoor fixtures
• Permanently installed fixtures
• Machinery and equipment
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• Property
owned by the insured and used in the insured’s
business
• Furniture and fixtures
• Stock and other similar business property items
not specifically excluded
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Pays the
net profit that would have been earned if the suspension
of the business had not occurred, plus any normal operating
expenses that must continue during the suspension of
the business.
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Pays any expenses over and above those that would have
been incurred during normal operation of the business.
Some covered expenses are:
• Expenses
incurred to avoid or minimize the suspension of operations
• Expense to expedite the repair or replacement
of property
• Expense paid for overtime work to speed up the
restoration of the business
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Business
Automobile Insurance is required by State Law. Most policies
provide coverage for:
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Protects
you if you are held legally responsible for bodily injury
or damage to property of others caused by an accident.
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Pays for
bodily injury to an insured that is injured by an uninsured
motorist.
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This coverage
is added to supplement the Uninsured Motorist Coverage.
The coverage applies only when the other driver has
liability limits at the time of an accident, but the
liability limits carried may be insufficient to pay
for damages for which the driver is responsible.
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Pays all
reasonable and necessary medical and funeral expenses
incurred by an insured because of bodily injury caused
by an accident, subject to the policy limit.
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Provides
protection against loss or damage to a covered auto
resulting from loss other than collision. This coverage
also provides for supplemental payments for transportation
expenses in the event of total theft of a covered auto.
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Provides protection against loss or damage to a covered
auto or a non-owned auto resulting from the impact with
another vehicle or object. Collision losses are paid
regardless of fault, subject to a deductible.
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Pays the
cost of renting a substitute auto for replacement of
any covered auto that has suffered a covered loss. The
daily maximum limit for this coverage varies among insurers.
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When this
coverage is added, the insurer pays for towing and labor
costs each time a covered auto or non-owned auto is
disabled, up to the amount stated in the policy.
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Covers
money, securities, merchandise, and other business property
against loss through the dishonest acts of employees or others.
Most policies provide coverage for:
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Coverage
is provided for dishonest acts of employees against
loss of money, securities and property other than money
and securities.
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Insures against
loss caused by the forgery or alteration of a check,
draft, promissory note, bill of exchange or similar
instrument drawn against your account.
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Covers money
and securities against loss by theft, disappearance,
or destruction inside or outside the premises in the
care and custody of a messenger.
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Covers the
taking of property from a person by the threat of personal
injury.
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Covers the
specialized kind of theft where a computer is used to
steal property from its rightful owner.
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Covers the surrender of property away from the premises
as a result of a threat of bodily harm to someone who
is, or allegedly is, being held captive.
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All State laws require every employer to provide Workers’
Compensation Insurance for their employees. Benefits such as:
lost wages, medical expense, permanent disability or disfigurement
are paid to employees who suffer a work-related injury. Most
policies provide coverage for:
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Protects
employers for their legal liability for bodily injury
by accident or disease to an employee arising out of
and in the course of employment.
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The most
an insurer will pay for all claims arising from any
one accident, regardless of how many employees are involved
in the accident.
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The aggregate
limit the insurer will pay for all claims sustaining
bodily injury by disease during the policy period.
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The most
an insurer will pay for damages due to bodily injury
by disease to any one employee.
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Provides
coverage if the insured expands operations into other
states excluding Nevada, North Dakota, Ohio, Washington,
West Virginia and Wyoming.
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Connecticut Workers’ Compensation law allows
a business to include or exclude Executive Officers
and Partners, or both from coverage.
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Pays for
damage to “objects” such as steam boilers, compressors,
heating, cooling, power generating or power driven machinery
and equipment, resulting from “accidents” such
as explosion, cracking or bulging, mechanical breakdown, electrical
burnout or off premises power failure. Most policies provide
coverage for:
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Pays for
all insurable boiler and machinery equipment, including
mechanical and electrical breakdown.
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Pays for
any boiler, fired or unfired pressure vessel, refrigeration
or air conditioning equipment, and mechanical or electrical
equipment.
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Provides
coverage on either a “specified limit amount”
or an “actual loss sustained” basis.
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Pays for
the extra expense of maintaining operations after an
accident to an insured item until normal operations
can be restored.
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Pays for
loss due to spoilage of specified property from lack
of power, light, heat, steam or refrigeration, which
results from an accident to an insured item .
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We provide all types of Contract & Surety Bonds for your
business needs, such as:
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