Our Commercial Products

Property Insurance

Compensates for damage to business property in case of emergency (exposure of damage to fire, rain, typhoon, theft, riot, etc.) including real estate, furniture, equipment, inventory, etc.

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Comprehensive General Liability

Protects against claims or legally (litigation) claims of mistakes or carelessness at the customer's place of business (or work), physical injury to the customer or a third party due to faulty equipment, property damage, etc.

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Product Liability & Completed Operations

Insurance that protects subscribers (businesses and owners) from injuries caused by manufacturing/product defects. In addition to defects in packaged products or products currently being manufactured or processed, claims, civil damages, compensation, and legal costs are handled in case of damage to consumers by contractors, etc.

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Workers’ Compensation

Employee Injury Insurance covers the handling of accidents, deaths and illnesses that occur to employees within the place of business (or while working on the business outside). It is an insurance that compensates employees' hospital bills and wages on behalf of their employers, which is mandatory under state laws in 50 states in Korea, requiring them to sign up for all businesses that maintain their employees.

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Commercial Umbrella

Literally, it is an insurance that increases the face value of the benefits by covering all accident insurance that corresponds to the business in an "umbrella" manner. This will further settle the difference compensation if the result of a large claim or lawsuit exceeds the par value of the general injury insurance maintained (e.g., $1 million) (e.g., an additional 1 million or 2 million, etc.).

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Commercial Auto

Similar to personal vehicle insurance, benefits include Liability, Collision and Comprehensive vehicle loss due to physical factors, and Uninsured Motorists. For your information, commercial vehicles should have a significantly higher benefit limit compared to private vehicles in preparation for increased damage exposure.

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What is BOP, a simplified insurance for small and medium-sized businesses?

Compared to traditional, complex, customized business insurance, it refers to a simple and inexpensive 'ready-made clothes' type of insurance. It is a pre-made insurance that combines various essential benefits to meet the needs of customers (industry), and above all, the benefits of BOP include low premiums, simple subscription procedures, and comprehensive benefits. One thing to note is that there are many industries that are not yet ready for BOP. Popular industries and business types are usually prepared as BOPs, such as restaurants, grottoes, most retail, offices, and buildings.

Benefits Included in BOP Insurance

Property Damage

Compensation for damages to business assets, including real estate and furniture, equipment, inventory, etc.

Profit damage due to business interruption

Compensation for loss of sales or profits resulting from suspension of business operations in case of emergency

Accident Insurance Benefits

Insurance that protects the owner/business in the event of injury or loss of life to a customer or a third party in the business due to the carelessness of the business, or damage to their property.

Optional Additional Benefits

Theft Robbery Benefits

Injuries to employee employment practices

Food Spoilage Caused
By The Power Outage

Utility* Service Stop

*Water, electricity, gas, phone or internet

Professional Injury

Additional business disruption damages and costs

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