When you also have equipment or operate from an office
All Basic plan benefits and:
General Liability insurance can help cover the expenses related to litigation, out-of-court settlements, court judgments if your business is involved in a covered lawsuit. The covered lawsuit could be a third-party liability claim, third-party property damage, third-party personal injury, advertising mistakes, and other related risks.
Commercial Property insurance covers damage or destruction of your business property from a covered event. The covered disaster can be theft, vandalism, fire, flood, storm and most natural disasters. The insurance will pay for the repair of the building, repair or replacement of the contents inside and outside the premises and other covered expenses.
Fidelity Bond protects your business against losses not covered by a normal theft or burglary insurance policy. It protects your business from the loss in the event that your employee has caused damage to your business through their negligent or dishonest actions like forgery, theft, fraud or more.
Workers' Compensation will cover expenses related to your employees' illnesses and injuries occurring on the job. It will cover the medical bills, rehabilitation expenses, employees' lost wage and other related expenses. The insurance will then relinquish the employees' rights to sue your business for negligence.
This industry is made up of holding companies (except for bank holding) who hold the securities or other equity interests in companies and enterprises so that they may control interest or influence management decisions.
Your business needs insurance to cover large, immediate expenses that even the most prominent businesses won't be able to cover out of pocket. The insurance typically mitigates the risk of any unforeseen incidents. Without insurance, you'll risk paying for these out of your business assets.
Your business faces plenty of unique risks. Below are some examples:
The cost of insurance for the offices of holding companies will heavily rely on the amount of coverage required, the size of your business and the number of employees you have. To determine the cost of your insurance policy, you can apply online to get a free quote in less than five minutes or talk to our insurance experts directly.
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