Business Insurance

Business Insurance Articles

  • Welcome to Business Insurance NEW YORK,Former executives of Liberty International Underwriters and Marsh Inc. have pleaded guilty to restraint of trade charges in New York Attorney General Eliot Spitzer's

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Business Insurance Resources

Small Business Insurance Publications
government agency overseeing insurance companies. ... OIC Informational Publications Small Business. Each of the publications below may be:. Viewed Online ...
Texas Department of Insurance - Insurance Resources for Businesses
Size isn't all we have to offer. Texas is home to leading companies in high technology. Do all small employers that qualify have to provide

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'''Insurance''', in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Ideally, insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a reasonable fee. In practice, however, the business of providing insurance protection often ends up in litigation between the parties involved, while the responsibilities of regulating insurance markets routinely winds up as a political football for government agencies.
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Last Updated August 11, 2005

Definition

Business Insurance: Insurance that is intended to serve the insurance needs of a business rather than the needs of an individual.
www.life-line.org/glossaryb.html
A policy which primarily provides coverage of benefits to a business as contrasted to an individual. It is issued to indemnify a business for the loss of services of a key employee or a partner who becomes disabled.
www.dsayles.com/termsb.htm
Insurance concerned primarily with the protection of an insured's business or vocation. Business insurance protects a business against the loss of its valuable lives or key men; stabilizes the business through the establishment of better credit relations; and provides a practical plan for the retirement of business interest in the event of the death of one of the owners.
www.finet.com.hk/insurance/b.html

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