What Types of Insurance Policies Offer Reimbursements?
Businesses can obtain reimbursements from various types of insurance policies, including:
- Property Insurance: Covers damages to physical assets like buildings, equipment, and inventory. - Liability Insurance: Provides coverage for legal claims against the business, such as personal injury or property damage caused by the business operations. - Workersâ Compensation Insurance: Reimburses medical expenses and lost wages for employees injured on the job. - Business Interruption Insurance: Compensates for lost income and operating expenses during periods when the business is unable to operate due to a covered event.