BUSINESS INSURANCE

If you own or are a partner in a business, you’re familiar with the risks that can close your business down — legal action, a fire, a power outage, flooding, and weather, among others.

Babcock & Helliwell has the experience, knowledge, and resources to develop a program to fully protect your business from all these risks. We’re able to draw from a full range of options from the many excellent, financially sound insurance companies we represent.

• A Businessowner Policy (BOP) can provide liability and property coverage at a lower price than separate policies. It’s ideal for small- and mid-sized businesses that generally face the same kind and degree of risk.

• For businesses that don’t fit the profile of a Businessowner Policy, we tailor a program that includes a variety of commercial policies to meet the company’s unique needs, including:
  
  
• Business Auto — Covers all company-owned, non-owned, and leased vehicles
• Business Income/Extra Expense Insurance — Keeps your company going after a loss by paying continuing expenses and loss of profits
• Credit Insurance – Provides accounts receivable coverage due to the insolvency of debtors in any country
• Directors & Officers — Provides personal protection against allegations of “wrongful acts” or mismanagement of public or private companies
• Employee Dishonesty — Reimburses your company for employee theft, fraud, or embezzlement, as well as ERISA coverage
• Employment Practices Liability — Covers a broad spectrum of employment-related claims including discrimination, sexual harassment, failure to employ, wrongful discipline or termination, breach of employment contract, and more
• Fiduciary Liability — Protects benefit plan trustees, such as a 401(k), should they breach ERISA fiduciary requirements
• Foreign Liability — Offers worldwide coverage (standard policies only include coverage within the US and Canada)
• Kidnap & Ransom —  Provides ransom payment, loss of income, interest on bank loans, and medical/psychiatric care both within the US and worldwide
• Pollution/Environmental — Covers both damage and clean-up expenses 
• Workers’ Compensation Insurance — Covers employees injured on the job
• Life, Disability, 401(k), and Long Term Disability
• Many other business coverages and options

Keeping risks and losses to a minimum is a cornerstone of business success. Large companies employ full-time risk managers to keep their risk-taking to a minimum. Small- to mid-sized business can turn to Babcock & Helliwell. Our risk management team will review your business insurance needs and recommend the most appropriate combination of price and coverage. We'll also suggest how you can prevent problems before they happen, increasing your bottom line. Call us today!
 

Note: This is a brief explanation of coverage. Refer to the policy for exact coverage and exclusions.