Income is a type of protection meant to complement insurance for commercial property.
If property damage prevents you from making money from your business, this kind of policy will cover you.
What dangers does it guard against? You can avoid losing money if property damage causes your business to slow down or stop.
This is covered by business income insurance.
What costs is covered by it?
A policy of this kind helps to make up for lost profits from operations.
Insurance for Professional Liability Losses resulting from perceived mistakes made in the course of your job are covered by professional liability insurance.
You might buy this kind of insurance to enhance any occasions not covered by an overall obligation contract.
What dangers does it guard against? Insurance for professional liability can guard against lawsuits brought about by errors, negligence, or malpractice.
