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Glossary of Insurance Terms

Click here for definitions of commonly used insurance terms.


Tasha Poncelet
Conexus Insurance
Humboldt
Phone: 306-682-4343

Insurance Types

Home Insurance

Auto Insurance

Farm Insurance

When it comes to insurance, every business has its own diverse needs. Our experts at Conexus Insurance will work with you to ensure you're covered.

As a business owner, not only do you need to think of coverage for your property, but you should also protect yourself against the possibility of liability claims relating to bodily injury or property damage unintentionally caused to another person.

A number of specialized forms of liability insurance are also available.

Errors & Omissions Insurance covers performance failures and negligence involving your products and services.

Directors and Officers Insurance deals with alleged shortcomings in your performance and duties as a manager.

Business Interruption Insurance, designed to cover loss of income and certain business expenses while your business recovers from an insured loss, is available in a number of different forms.

Commercial Auto Insurance provides both property and liability coverage on your business vehicles, and also protects your staff while driving business vehicles, or their own vehicles or rented vehicles if being used for business purposes.

Boiler and Machinery Insurance, also called Equipment Breakdown Insurance, protects against the sudden and accidental breakdown or explosion of many different kinds of equipment, including boilers, heating, refrigeration and air conditioning equipment, electrical equipment, pressure vessels, computers, fax machines, and computerized telephone systems.

You've started a home-based business, and it has definite advantages --  you're on your own, can work your own hours and be your own boss. However, just because your business is in your home doesn't necessarily mean your home insurance policy is enough coverage.

No two businesses are the same. You need insurance protection designed for your specific needs. Call Conexus Insurance at 1-877-553-5558.

 

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