What is Business Insurance?
Written by Doug Huen
Updated over a week ago

What is Business Insurance?

Business Insurance (or Commercial Insurance) shields business owners from financial risks that arise from the operation of business activities. For example, injuries, lawsuits and property damage.

Managing risk is an essential part of every business. It is always recommended to have business insurance in place as it is critical to your business’s financial stability.

What are you covered for?

In general, Commercial General Liability Insurance Coverage protects two major areas for business risks: Bodily Injury and Property Damage.

To qualify for insurance coverage, the accident or loss must have resulted from an insured Peril.

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