SIA Commercial Products & Services

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Insurance solutions for your business
Manage your risk
Business Owners Policy (BOP) is enhanced insurance that includes Property Insurance for
your commercial buildings and the contents owned by the company, and General Liability
Insurance to cover your company’s legal responsibility for any harm it may cause to others.
Business Umbrella Insurance provides your business with an additional layer of protection
beyond the limits of your general liability policy. For example, if your general liability policy
provides $1 million, but a claim settles for $1.5 million, your umbrella policy would cover the
additional $500,000.
Commercial General Liability Insurance will effectively secure the assets of your business
by protecting it from damage caused by bodily injury or property damage for which your
business is found to be legally liable.
Commercial Property Insurance will help your business to recover from damages to your
company’s assets and real estate such as a fire. This insurance policy may also cover loss of
income that results from the property damage.
Cyber Liability Insurance protects your business’ liability in case of a data breach in which
customers’ personal information is exposed or stolen by a hacker. The policy also covers
exposures from data loss/destruction, business interruption, computer fraud, and cyber extortion.
Directors and Officers Insurance protects past, current, and future directors and officers of
for-profit or non-profit companies from damages resulting from alleged or actual wrongful acts
they may have committed in their positions. The policy provides protection in the event of any
actual or alleged error, misstatement, omission, misleading statement, or breach of duty.
Employment Practices Liability Insurance protects your business against wrongful termina-
tion, discrimination, (age, sex, race, disability, etc.) or sexual harassment suits from your current,
prospective, or former employees. This coverage applies to directors, officers, and employees,
and can sometimes extend to third-party liabilities.
Errors and Omissions Insurance is supplementary Liability Insurance that enhances any
business owner’s policy by protecting against catastrophic loss in the event of a lawsuit due
to a negligent act, error, or omission by the professional. In addition to claims of error, omission,
or negligence, this insurance can also protect against slander, libel, and breach of contract.
Workers’ Compensation Insurance will provide your employees with proper compensation for
job-related injuries or illnesses. Although specific laws vary by state, Workers’ Compensation
Insurance is generally required of companies with W-2 employees.
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