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A specific risk or reason for loss covered by an insurance coverage, such as a fire, windstorm, flood, or theft. A named-peril policy covers the insurance policy holder only for the risks called in the policy in contrast to an all-risk policy, which covers all causes of loss except those specifically omitted - How much is health insurance.
Liability insurance secures your business from suits-- both the legal costs and the settlement or judgment expenses, if any. General liability covers injuries and damages that happen in the course of working. Casualty insurance focuses on injuries on your service facilities and crimes versus it. Property insurance covers losses to your land, buildings, and belongings, and it is often integrated with casualty insurance coverage. "General" liability insurance coverage sounds as if it covers everything you might be sued for, however it typically covers injuries and damages brought on by you and your staff members. General company liability policies generally include mistakes that trigger injuries on your property. https://figma.com/@whyttaolfj |
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