Risk & Legal

Business Insurance Essentials

Stop guessing whether your business is actually covered.

12 lessons4 modules9h 0m durationbeginner level

Instructor: StretchLearn Faculty

About this course

Most owners buy a single liability policy, assume they are covered, and discover the gaps only after a claim is denied. This course breaks down the core commercial coverages, general liability, professional liability or E and O, the Business Owner's Policy, property, workers compensation, commercial auto, cyber, and key person, in concrete terms with real dollar figures. By the end you will be able to read a policy, spot the exclusions and sublimits that matter, set sensible limits and deductibles, and compare carriers and quotes line by line so the coverage holds up when you file a claim.

Curriculum

Module 1: How Business Insurance Works and Why You Need It3 lessons

Risk Transfer and the Anatomy of a PolicyPreview45m
The Core Insurance Vocabulary You Must Know🔒45m
Why Personal Policies Will Not Save Your Business🔒45m

Module 2: The Core Liability Coverages3 lessons

General Liability: Your Foundation Policy🔒45m
Professional Liability and Errors & Omissions🔒45m
The Business Owner's Policy: Bundled Coverage🔒45m

Module 3: Property, People, and Specialized Risks3 lessons

Property, Business Interruption, and Commercial Auto🔒45m
Workers Compensation and Employer Liability🔒45m
Cyber Insurance and Key Person Coverage🔒45m

Module 4: Buying Smart: Limits, Gaps, and Comparing Quotes3 lessons

Right-Sizing Your Coverage and Limits🔒45m
Finding and Closing Coverage Gaps🔒45m
Comparing Quotes and Working With an Agent🔒45m

What you will learn

Match each major commercial coverage, general liability, professional liability, property, workers compensation, commercial auto, cyber, and key person, to the specific risks it protects against
Read a declarations page and locate the limits, deductibles, sublimits, and exclusions that decide whether a claim pays
Distinguish occurrence from claims-made policies and explain why tail coverage matters for professional liability
Right-size your liability limits, property valuation, and deductibles to your revenue, assets, and contractual requirements
Identify the common coverage gaps that leave owners exposed and the endorsements or separate policies that close them
Compare quotes from multiple carriers on an apples-to-apples basis and work effectively with an independent agent or broker