Offering the Full Spectrum of Business Insurance
Laven / InsuranceMichiana.com is committed to excellence. This is delivered by a team of dedicated professionals in the field and office. Combined with many of the best insurers in the industry, our team offers a powerful and beneficial business package.
Customized coverages and business insurance support includes:
We encourage you to Contact Us or click any of the links below to request a "Quick Quote":
For Businesses:
For Personal Insurance:
The links below offer a review of current trends and information about the Property & Casualty Insurance business:
Some of the quality insurers we represent are:
Business Insurance Definitions:
- Property & General Liability:
- A commercial policy that can be designed to meet the specific insurance needs of business firms. Property and liability coverage forms are combined to form a single policy.
- Umbrella Liability:
- Provides a comprehensive blanket of coverage for higher risk amounts. Deductibles on this insurance are usually satisfied through other underlying coverage or policies.
- Directors and Officers Liability:
- The exposure of corporate managers to claims from shareholders, government agencies, and employees, and others alleging mismanagement.
- Employment Practices Liability:
- Coverage designed to protect the corporation, directors & officers and employees for claims resulting from wrongful termination, discrimination, sexual harassment, wrongful discipline and failure to employ or promote.
- Miscellaneous Professional Liability:
- The exposure of corporate professionals to claims from shareholders, government agencies, and employees, customers and others alleges negligence.
- Loss Control Services:
- Any conscious action (or decision not to act) intended to reduce the frequency, severity, or unpredictability of accidental losses.
- Business Auto Policy:
- Coverage designed to provide a "standard" form for insuring commercial vehicles (other than private passenger cars).
- Surety & Contract Bonds:
- An agreement providing for monetary compensation in the event of a failure to perform specified acts within a stated period. The surety company, for example, becomes responsible for fulfillment of a contract if the contractor defaults.
- Medical / Dental Professional Liability:
- The policy provides medical/dental professional liability coverage for an insured individual professional and/or for an insured entity, partnership, LLC, association or corporation, if applicable. The coverage is for damages by a "medical incident," or any act or omission including the failure to provide professional medical or dental services, arising out of the insured's profession in which the insured physician, dentist, or insured entity, is legally obligated to pay.
In addition, if applicable, the policy wil pay those sums the insured entity is legally obligated to pay caused by any partner, employee, trustee, stockholder, executive officer, or director because of any act or omission arising out of the providing of or failure to provide professional medical or dental services.
- Workers Compensation:
- Protection which provides benefits to employees for any injury or contracted disease arising out of and in the course of employment. All states have laws which require such protection for workers and prescribe the length and amount of such benefits provided.
- Inland Marine:
- A form of insurance designed to cover articles in transit as well as bridges, tunnels and other means of transportation and communication. Besides goods in transit (generally excepting ocean cargo), it includes numerous floater policies, such as those covering personal effects, personal property, jewelry, furs, fine arts, and other items.
- Crime Protection:
- A section in a commercial insurance policy which covers money, securities and other negotiable instruments. It can provide coverage for the perils of burglary, robbery, theft, employee dishonesty, safe burglary and other perils.
- Risk Management:
- The active identification, evaluation, and management of all of the potential hazards and exposures to loss a risk may experience. The handling of those exposures is not limited to insurance options, but includes a variety of methods such as alternative financing, retention, reduction, elimination, transfer, and/or any combination of methods.
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