Property & Casualty Insurance
Jackson Square Financial offers referrals to outside property & casualty insurance management. Contact Ryan J. Sittauer, AIF® directly at (415) 217-7908 or by email at [email protected] to discuss a customized strategic risk management plan. Outside service providers are not affiliated with or endorsed by Jackson Square Financial or LPL Financial.
Business Owners Policy (BOP)
A typical business owner policy includes: property insurance, business interruption insurance, crime insurance, vehicle coverage, liability insurance and flood insurance. Depending on additional risks a business owner might face, the business owner and the insurance company can make arrangements on additional components to be added to the original package.
Construction Bonds, Fidelity Bonds, Surety Bonds, License Bonds, and Permit Bonds.
An insurance policy that covers a company's use of cars, trucks, vans and other vehicles in the course of carrying out its business. Coverage may include vehicles owned or leased by the company, hired by the company, or employee-owned vehicles used for business purposes.
Insurance that is used to cover any type of commercial property. Commercial property insurance protects commercial property from such perils as fire, theft and natural disaster. This type of insurance is carried by a variety of businesses, including manufacturers, retailers, service-oriented businesses and not-for-profit organizations.
Directors and Officers Liability
Personal liabilityinsurance that providesgeneralcover to a firm's directors and senior executives. Paid usually by the firm, it reimburses (in part or in full) the costs resulting from law suits and judgments arising out of poor managementdecisions, employeedismissals, shareholdergrievances, and other such acts committed in good faith. Criminal offenses are not covered under this insurance.
Employment Practice Liability Insurance
Employment Practices Liability Insurance (EPLI) a type of liability insurance covering wrongful acts arising from the employment process. The most frequent types of claims covered under such policies include: wrongful termination, discrimination, sexual harassment, and retaliation.
Excess liability insurance provides an additional coverage beyond that of an underlying policy, including general liability, employer's liability, and hired and non-owned auto liability policies.
Flooding is the nation's number one natural disaster. While floods occur in every area of the country, many property owners remain unprepared. The National Flood Insurance Program (NFIP) is a Federal program enabling property owners in participating communities to purchase insurance as a protection against flood losses. Participating in the NFIP is based on an agreement between communities and the Federal Government. The program is administered by the Federal Emergency Management Agency (FEMA) and provides flood insurance protection to property owners, renters, and business owners in communities that participate in the program.
Commercial General Liability (CGL) insurance protects business owners against claims of liability for bodily injury, property damage, and personal and advertising injury (slander and false advertising). Premises/operations coverage pays for bodily injury or property damage that occurs on your premises or as a result of your business operations. Products/completed operations coverage pays for bodily injury and property damage that occurs away from your business premises and is caused by your products or completed work.
Professional Liability/Errors & Omissions
Insurance that protects professionals such as accountants, lawyers and physicians against negligence and other claims initiated by their clients. It is required by professionals who have expertise in a specific area because general liability insurance policies do not offer protection against claims arising out of business or professional practices such as negligence, malpractice or misrepresentation.
Worker’s compensation is a mandatory business insurance for employers with W2 employees. Coverage provides wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.
The above content is for education purpose only. LPL Financial does not offer the services/products listed above.