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Glossary
Plain-language definitions of insurance terms.
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Certificate of Insurance (COI)
A one-page document that proves a business carries certain insurance, listing coverages, limits, and dates. Clients and landlords often request one before doing...
Business
Commercial Auto Insurance
Coverage for vehicles a business owns or uses for work. Personal auto policies usually exclude business use, so a separate policy is often needed.
Business
Cyber Liability Insurance
Coverage that helps a business respond to data breaches and cyberattacks, including notification costs, legal expenses, and sometimes ransom and recovery.
Business