ss_blog_claim=4c95399e63de648d0abd96bb831d3e11 Insurance: Casualty insurance

Before You Start

  • Think about how you would pay for routine expenses if you or another income-earning adult in your home were to suffer a disability and stop working?
  • Ask your employer whether disability income insurance is offered as an optional workplace benefit.
  • If you're an employer, consider offering it as a benefit to attract and retain desired workers.
  • If you already own disability income insurance, take a fresh look at the policy to learn about the level of coverage it provides, eligibility requirements, etc.

Casualty insurance

Posted by art's2007 | 5/14/2008

Casualty insurance insures against accidents, not necessarily tied to any specific property.

Crime insurance is a form of casualty insurance that covers the policyholder against losses arising from the criminal acts of third parties. For example, a company can obtain crime insurance to cover losses arising from theft or embezzlement.
Political risk insurance is a form of casualty insurance that can be taken out by businesses with operations in countries in which there is a risk that revolution or other political conditions will result in a loss.

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