Commercial liability insurance (also called business liability insurance and commercial general liability insurance) protects your New Jersey business from financial loss resulting from claims of injury or damage cause to others by you or your employees.
As a business owner, you do everything you can to protect your employees from potential dangers, but do you have Workers’ Compensation Insurance? Most business owners understand that workers compensation is important, but did you know that if you have employees, it is required by law for most businesses to have coverage?
Management liability is the term commonly used to describe a package of various insurance policies designed to protect a corporation and its directors and officers. This package protects your facility and it's employees against circumstances not covered under a traditional commercial general liability policy.
Just about any organization that uses technology to do business faces cyber risk. And as technology becomes more complex and sophisticated, so do the threats we face – which is why every business and organization needs to be prepared with both cyber liability insurance and an effective cyber security plan to manage and mitigate cyber risk.
Pollution liability coverage used to be included in most business insurance policies but that changed in the 1970’s with the emergence of many expensive asbestos claims. Now this coverage is largely excluded and must be purchased separately. Pollutions claims are not limited to large manufacturers. These claims can be filed by state and local governments, other businesses, landlords and people who live near your business. Do not allow a pollution claim to bankrupt your business; protect it with pollution insurance.