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Pays for damages for Physical Injury or Property Damage for which the insured is legally accountable. Includes injury or damages emerging out of items or items made or offered by the called insured.
Company Earnings is the net earnings or loss that would have been made or incurred if the suspension of business had actually not taken place plus any typical operating costs that should continue during the suspension of business. Covers loss from Forgery or altercation, theft or disappearance and destruction, burglary and safe Break-in, and properties theft and burglary outside.
The settlement of military freight claims also have special requirements. Work Practices Liability insurance supplies protection to Companies versus claims made by Staff members declaring discrimination based on sex, race, age or special needs. Wrongful termination and other work related issues such as failure to promote. Protection for losses to a 3rd party for which the insured is vicariously responsible.
Possible claims product warranties, and pending investigations could likewise be covered. Professional Liability or Errors and Omissions (E&O) is protection that protects your company versus claims that a professional service that you supplied caused your customer to suffer financial damage due to errors on your part or because you stopped working to do something.
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