Checklist of Different Types of Insurance Available for a Small Business

Property Damage Insurance:

Covers damage to your business property.

Liability Insurance:

Covers liability for injury to person or property caused by the company or its employees.

Products Liability Insurance:

Covers liability for injuries caused by the company’s products.

Vehicle Insurance:

Covers liability for injuries caused by company vehicles and employee vehicles when used for business purposes.

Business Interruption Insurance:

Covers expenses incurred if the business is interrupted by fire or other events, as well as lost profits.

Key Man Life Insurance:

A life insurance policy payable on the death of a key employee.

Director’s & Officer’s Liability Insurance:

Indemnifies officers and directors of the company for expenses incurred as a result of acting on behalf of the company.