Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he ...

Excess liability insurance is extra coverage that kicks in once an underlying policy hits its limits. Learn how it works and ...

Insurance coverage that protects against claims against the insurance holder of property damage, personal injury, negligence and so on Customers, employees, repair people, delivery people and ...

Acting as a fiduciary is a huge responsibility. It means you promise to act on behalf and in the best interest of another person or multiple people. The more people who have placed their trust in you, ...

Learn more about getting higher limits for your existing, underlying insurance policy. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

Businesses that provide services for a fee should have professional liability insurance, which is widely available. Many, or all, of the products featured on this page are from our advertising ...

Learn about Umbrella Insurance, including its definition, the reasons to consider it, and get tips on how to manage it.

A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Contractual liability insurance protects businesses ...

Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.