1. SBDC CEO Accelerator

2. Commercial Insurance Protects
Your property (building and contents)
Your employees
Your customers
Product Liability
Goods of others under your control

3. Insurance Contracts Declarations Page Insuring Agreement Conditions
Exclusions
Endorsements

4. Workers Compensation Accidental Injuries and Occupational Disease
No Fault Coverage
Needed even if there is only one employee
Exclusive Remedy

5. Business Owners Policy (BOP) Vs. Commercial Package Policy (Package)

6. Business Owners Policy (BOP)
Designed for small business, main street
Usually less expensive than Package Policies
More restrictive in the classes of business
Coverage's Include
General Liability
Property

7. BOP Coverage Exclusion's
Contractual Liability
Liquor Liability
Workers Comp
Pollution
Aircraft
Mobile Equipment
Inland Marine
Electronic Data
Criminal Acts
Outdoor Signs
Automobile
Advertising Liability
Contents Off Premises

8. Commercial Package Policy (Package/CPP) Coverage's
Property
General Liability
Business Income
Contingent Business Income
Builders Risk
Garage Keepers
Commercial Auto
Crime
Professional Liability
Inland Marine
Boiler & Machinery
Advertising Liability

9. Commercial Auto Coverage
10 Different types of Autos to be covered
1) Any Auto
2) Owned Autos Only
3) Owned Passenger Autos
4) Owned other then Autos
5) Owned Auto PIP/No Fault
6) Owned Auto Un/Under Insured
7) Specifically Listed
8) Hired Autos
9) Non owned Autos
19) Mobile Equipment

10. General Aggregate Limits/Combined Single Limits
Policy Limits
General Aggregate Limits/Combined Single Limits
Vs.
Per Occurrence Limits

11. Workers Compensation Needed even if you have only one employee
Premium based of type of occupation and payroll
Protects employer from law suit in conventional courts
Benefits regulated by State Commission
State specific coverage, need each state listed

12. Going and Coming Rule Overnight Trips Special Errands
If you compensate for daily commute
If you provide company car/truck

13. Uninsured Subcontractors
If no WC policy in force, General is held in
Always ask for a Certificate of Insurance

14. Out of State Exposures
Need to have specific state listed in 3A of policy
Not needed if it is a temporary situation

15. Type of Benefits for Injured Workers
Lost time (TTD)
Permanent Partial Disability (PPD)
Medical care and Vocational services

16. George Johnson