Hacker Insurance
A coverage that protects businesses engaged in electronic commerce from losses caused by hackers.
Covers damage to or loss of policyholders’ property and legal liability for damages caused to other people or their property.
A coverage that protects businesses engaged in electronic commerce from losses caused by hackers.
Property insurance coverage for large commercial properties that are protected with automatic sprinkler systems and superior construction. Qualified insureds pay significantly lower premiums.
A percentage or dollar amount added to a homeowner’s insurance policy to limit an insurer’s exposure to loss from a hurricane. Higher deductibles are instituted in higher risk areas, such as coastal regions. Specific details, such as the intensity of the storm for the deductible to be triggered and the extent of the high risk … Read more
The typical homeowners insurance policy covers the house, the garage and other structures on the property, as well as personal possessions inside the house such as furniture, appliances and clothing, against a wide variety of Perils including windstorms, fire and theft. The extent of the Perils covered depends on the type of policy. An all-risk … Read more
Coverage for goods in transit, and for the commercial vehicles that transport them, on water and over land. The term may apply to inland marine but more generally applies to ocean marine insurance. Covers damage or destruction of a ship’s hull and cargo and Perils include collision, sinking, capsizing, being stranded, fire, piracy, and jettisoning cargo … Read more
The deliberate setting of a fire. The willful or malicious burning of property (such as a building) especially with criminal or fraudulent intent
Commercial airlines hold property insurance on airplanes and liability insurance for negligent acts that result in injury or property damage to passengers or others. Damage is covered on the ground and in the air. The policy limits the geographical area and individual pilots covered.
A set of rules adopted by the representatives of all the leading maritime nations to govern the method of applying General Average.