FAQs

Yes, inland marine insurance can cover leased or rented equipment, providing protection against damage or loss while the equipment is in your possession.

While standard property insurance covers items at a fixed location, inland marine insurance provides protection for movable property and goods in transit. This makes it ideal for businesses that frequently transport equipment, tools, and products.

Inland Marine Insurance typically does not cover property at fixed locations, such as buildings and permanent structures. For this type of coverage, you would need a Commercial Property Insurance policy.

Yes, Cyber Liability Insurance can cover business interruption costs, helping your business recover lost income and additional expenses incurred while restoring operations after a cyberattack.

While both types of insurance provide coverage for cyber incidents, Cyber Liability Insurance typically offers broader protection, including business interruption, cyber extortion, and regulatory fines, whereas Data Breach Insurance focuses mainly on the costs associated with data breaches.

Even with robust cybersecurity measures, no system is completely immune to cyber threats. Cyber Liability Insurance provides an additional layer of protection, covering the financial losses and recovery costs associated with a cyber incident.

Cyber Liability Insurance can cover the costs associated with meeting regulatory requirements, such as notification expenses, legal fees, and fines or penalties for non-compliance with data protection laws.

Cyber Liability Insurance typically does not cover physical damage to hardware, bodily injury, or property damage. For these types of coverage, you would need a General Liability or Property Insurance policy.

Premiums for EPLI are based on factors such as the size of your business, industry, number of employees, claims history, and the level of coverage you choose. Working with an experienced insurance provider can help you find the best rates for your specific needs. [...]

EPLI typically does not cover claims made by independent contractors. It is designed to cover claims made by employees and sometimes by former employees or job applicants.