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PROPERTY INSURANCE:
is not mandatory. However,
some landlords require their tenants to obtain property
insurance. It protects your business against the loss
or loss of use of company property. "Property" can
include a variety of types: lost income or business
interruption, buildings, computers, money, and valuable
papers.
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When shopping for Property Insurance you should also inquire
about the following:
Undamaged stock protection: which covers
undamaged items that can no longer be marketed because of damage to related goods.
Data or records protection: which covers
loss of data or company records
Computer virus protection: which
covers the loss of data and business through computer
viruses.
Off-premises property protection: which
extends your property coverage to include protection at
other locations such as trade shows, fairs, installations, exhibits, or any place
where your company is doing business with company-owned
equipment.
Intangible coverage: which includes
patents, copyrights, and trademarks.
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