Business Insurance

Our agents at Asia Insurance know how hard you work to develop and sustain your business. We also know the risks you face every day that threaten what you've built. Because our agents participate in ongoing in-house and industry education, we remain in the forefront of regulatory developments that affect the climate in which you operate.

Let us put that knowledge to work by offering you the products and liability coverage that soundly protects you and your business. An array of products and services that assist you in the many facets of your business coupled with complex risk management solutions makes for effectively customized coverage for your unique needs.

New definitions

PROPERTY/CASUALTY INSURANCE

Covers damage to or loss of policyholders' property and legal liability for damages caused to other people or their property. Property/casualty insurance, which includes auto, homeowners and commercial insurance, is one segment of the insurance industry. The other sector is life/health. Outside the United States, property/casualty insurance is referred to as general insurance.

KEY PERSON INSURANCE

Insurance on the life or health of a key individual whose services are essential to the continuing success of a business and whose death or disability could cause the firm a substantial financial loss.

LIABILITY INSURANCE

Insurance for what the policyholder is legally obligated to pay because of bodily injury or property damage caused to another person.

AUTO INSURANCE POLICY

There are basically six different types of coverage's. Some may be required by law. Others are optional. They are:

1. Bodily injury liability, for injuries the policyholder causes to someone else.
2. Medical payments or Personal Injury Protection (PIP) for treatment of injuries to the driver and passengers of the policyholder's car.
3. Property damage liability, for damage the policyholder causes to someone else's property.
4. Collision, for damage to the policyholder's car from a collision.
5. Comprehensive, for damage to the policyholder's car not involving a collision with another car (including damage from fire, explosions, earthquakes, floods, and riots), and theft.
6. Uninsured motorist's coverage, for costs resulting from an accident involving a hit-and-run driver or a driver who does not have insurance.