business interruption Insurance, insurance coverage that replaces business income lost in a disaster (e.g. fire, natural disaster), contractual liability insurance, it helps cover claims related to contract issues; it covers liability that a business owner assumes from a contract, cyber insurance, It is designed to cover financial losses resulting from cyber incidents, errors and omissions (E&O) insurance, or professional liability insurance, covers client claims made against your business, tools and equipment insurance, a type of policy that pays out the costs to repair and replace your business’ tools and equipment if these are stolen, damaged, or vandalized, third party liability insurance, in the event of an accident, if the owner of the insurance becomes the guilty party, he / she will not have to pay compensation to all the victims - the insurance company will do it for him/her; it is a compulsory insurance for vehicle owners, workers’ compensation insurance, it provides coverage for medical expenses and lost wages if an employee is injured while working

Task 4

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