+44 1632 96099
mymail@mailservice.com
Foreign liability insurance, also known as international liability insurance, is beneficial if a business has employees who travel outside of the United States on company business or employees that live in other countries, they need to purchase an foreign liability insurance policy. This policy is designed to mirror the same commercial insurance program that the company has in place for its domestic operations.
Certain countries require that the business purchase “admitted” coverage provided by a local broker who is licensed to sell coverage in that country. Failing to have the proper coverage can lead to fines and penalties as well as uninsured claims as most U.S. insurers will deny claims if filed in the courts outside of the United States. Working with an experienced broker who understands each country’s rules and regulations is important to keep the business and its employees protected while working abroad.
These coverages collectively provide a safety net for businesses and their employees, addressing various scenarios and potential challenges that may arise during international operations.
This coverage offers protection against third-party claims for bodily injury, property damage, or personal injury that occur in foreign locations.
Offers coverage for claims arising from products sold or distributed in foreign markets that cause harm or damage.
This offers coverage for claims related to errors, omissions, or negligence in professional services provided abroad.
If your business rents, leases, or owns vehicles for company use, this coverage protects against liability claims arising from accidents involving those rented, leased or owned vehicles while operating internationally.
Provides compensation to employees injured while working abroad, covering medical expenses and lost wages.
This coverage is for pollution-related claims and cleanup costs incurred in foreign locations.
Addresses the risks of kidnapping, extortion, and ransom demands, offering resources for crisis management and negotiation.
Coverage for legal expenses incurred in defending against covered claims in foreign courts.
If any of the following situations applicable to your business, you should consider foreign liability insurance:
Allow BIS to aggressively shop the market to get you the most competitive rates.
Personal Insight, Cutting Edge Technology, and Coverage Expertise from Professional Insurance Industry Experts.
Knowledgeable in All the Markets, Representing All Major Carriers - We Shop, You Save
Quick Response, Five Star Rated, BBB Credited, Best Customer Service in the Industry
BIS Benefits works with companies all around the state of Georgia, below are some of the cities our clients are located in:
Business Insurance, Group Plans, and Employee Benefits? We're here to help! Our team is friendly, knowledgeable - and ready to answer your questions or put together a custom quote for your exact requirements. Contact us today!