Federal Trust Business Insurance Review

Workers' Compensation

• Provides employees a benefit in the form of financial relief were they to fall ill or become injured in the workplace
• Protects employers from legal actions taken by ill/injured employees
• Required by law in most states, yet required coverage scope varies by industry and state

• Work-related illnesses and injuries
• Injuries sustained on business trips
• Diseases due to prolonged contact with hazardous chemicals on the job
• Illnesses that are slow to develop
• Short and long-term disabilities

General Liability Insurance

• Protects a business' assets against financial peril in the event a customer, worker, or visitor is injured, or their property is damaged on the business' premises due to their alleged negligence

• Covers costs related to legal claims brought against a small business by a third party
• Attorney fees, court costs, settlements, and judgments the business may be liable to pay

Business Owners Policy (BOP) Insurance

• Designed to address the most common liability and property threats faced by small businesses by bundling multiple insurance policies into a single package

• Property insurance for buildings and physical propertyGeneral liability insurance
• Business interruption insurance against natural disasters, cyber attacks, etc.

Cyber Liability Insurance

• Covers some of the costs that arise from cyber attacks like server hacks, phishing scams, data privacy breaches, data piracy, etc. 

•Indemnification for legal fees
•Costs of recovering data
• Restoring damaged systems
• Continual monitoring of impacted data for a specific period
• Website media content liability
• PCI Fines

Disability Insurance

• Provides a benefit to employees if they have an accident or fall ill due to causes related or unrelated to their work.
• Track injury and illness rates among workers

•Covers a broad range of injuries and illnesses that are not pre-existing 

Commercial Auto

• Protects a businesses vehicles or fleets against financial damage due to being involved in an accident

• Comprehensive
• Collision
• Underinsured/Uninsured Motorist
• Medical Payments
• Loading and Unloading