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An issuer of a bond can purchase bond insurance to guarantee scheduled payments of interest and principal on the bond to its bondholders in case the issuer defaults. Once the issuer purchases bond insurance, its credit rating is …learn more »
Builder’s risk insurance is designed to provide coverage for buildings that are under construction. It covers the contractor’s interest in materials on the job site before they are installed, incoming materials intended for the job, and the value …learn more »
A Business Owners Package policy, often referred to as a “BOP” contains many of the insurance coverages needed by most small businesses. Coverage with BOP policies varies between companies. However, a basic BOP offers liability insurance …learn more »
If a vehicle is used for business purposes and meets certain other requirements, a commercial auto insurance policy is likely required. Ownership by a corporation, use in transporting items for work and gross …learn more »
Commercial property insurance is a special type of insurance that covers the company building as well as the contents owned by the company. “Property” can include a variety of types: lost income or …learn more »
Employment Practices Liability Insurance (EPLI) includes coverage for defense costs and damages related to various employment-related claims including allegations of Wrongful Termination, Discrimination, Workplace Harassment and Retaliation …learn more >>
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