Spoilage is a major concern to any business that deals with perishable foods. Spoilage Coverage protects the insurer from the cost of replacing spoiled inventory or even worse, the cost of a lawsuit from a customer getting sick by contaminated food.

Spoilage Coverage is in addition to Commercial Property Insurance or business owner’s policy. It reimburses a business when equipment fails or if a power failure causes the loss of perishable food or other perishable items. It also covers equipment cleaning, employee medical testing and reimburses you for loss revenue or the cost of reestablishing your businesses reputation.

Protection and Indemnity (P&I) Insurance is uniquely designed to confront the needs of the marine industry. This type of insurance covers almost every maritime liability risk associated with owning and operating a vessel. It covers loss of life or injury to crew, passengers or third parties, damage caused to cargo during transit, environmental damage and political risks.

Providers of P&I insurance are often referred to as ”Clubs”, these clubs are a mutual insurance association controlled by ship owners and operators that provides risk pooling, information, representation and risk mitigation for its members.

No matter how good you are at what you do, mistakes happen. And when they do, if your client or customer thinks they are negligent enough, they may sue you.

Professional Liability insurance, also known as Errors & Omissions (E & O Insurance), helps protect you and your company from claims of negligence or malpractice in the professional services you provided. It also covers if a claim that your professional services cause a client financial harm due to giving incorrect advice or a failure to perform a service.

When you think about what type of business needs a Pollution Insurance policy, the answer might surprise you. Businesses of all types and sizes can benefit from a Pollution Insurance policy. From the fossil fuel, fashion and farming industry to printers, painters and hair salons, even contractors need a special type of pollution insurance referred to as a Contractors Pollution Liability policy. Any business that uses unsafe chemicals face the possibility of a lawsuit.

A Pollution Insurance policy protects your business from any claims related to damage to people or property cause by pollution. This includes the cost of restoration, clean-up and legal defenses.

Owners & Contractors Protective Liability (OCP) coverage is a stand-alone policy that protects the insured’s liability for bodily injury and property damage caused by an independent contractor’s work. More and more project owners are requiring this type of coverage to protect them from damages caused as a result of a contractor’s performance or lack thereof, on any given project. Even though an OCP policy only covers the project’s owner, contractors still benefit.