Insurance Match Game #2
Another batch of questions for you Insurance “experts”. Let’s see how many you can guess this time!
Business Owners Policy
Workers’ Compensation Policy
Commercial Package Policy
Crime Bond
Professional Liability
6.) When one of our workers complained of having ruptured a spinal disc as a result of installing a huge boiler in a downtown office building, we were glad that this policy was available.
7.) When we discovered that our bookkeeper, Isabelle, was embezzling money and paying herself and her friends out of our company’s profits, you had best believe that we made a claim under this policy.
8.) My dentist, my doctor, the local deli, my barber and my beauty shop all have this form of insurance policy. If you are starting a new, small business, one way to obtain good fire and liability coverage and still save money is to purchase this policy.
9.) My Uncle Byron thinks he is the greatest accountant in the world, but if he makes a mistake and I am called into the IRS, you better believe that I will make a claim against his policy.
10.) My business is multi-faceted. I ship goods to and from China, I manufacture a lot of products here and abroad. My products are sold in stores, at flea markets, from door to door and in major department stores. If someone says that my product caused them injury, I had better be prepared to have the claim defended. This policy says that the duty to defend is greater than the duty to pay.
