Commercial

There are many types of commercial insurance, the most common of which are workers' compensation property and liability. Workers' compensation covers a company and employees when there are injuries on the company's property. Property insurance covers a company's property. Liability insurance covers damages to other parties as a result of activities causing damage to them by the company.

Insurance

Promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company.