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Loss of Time Insurance Definition

In Property insurance, coverage for an employee's lost income in the event of damage or destruction of the employee's place of employment, resulting in his or her unemployment. In Health insurance, loss of income benefits are paid in the event of an insured's disability that results in his or her inability to work.


Insurance news courtesy of Program Business. Originally Published 07/09/2008

Everything Transportation

BISYS Specialty Programs, a division of storefront owner BISYS Commercial Insurance Services, Inc., is a convergence of MGA’s offering unparalleled underwriting expertise in numerous specialty programs. BISYS is the nation’s 4th largest MGA, with over $450,000,000 in gross written premium. BISYS works exclusively through contracted and appointed agents. An appointment with BISYS Specialty Programs provides you access to numerous programs with multiple lines of coverage for:

hotel risk management

Taxi

DigniCARE

Contract School Bus

Errors and Omissions (E&O)

Continuing Care Retirement Communities Insurance for Agents

Employment Practices Liability Insurance (EPLI)

risk advisor

Monoline Business Auto

risk advisors

ParatransitPublic AutoStandalone GLTruckingWholesale DistributorsWaste OperationsWorkers’ Compensationand, appointed agents may access our Wholesale Brokerage Operation, Tri City Brokerage.
For more information, visit the BISYS storefront at www.programbusiness.com.

Insurance news courtesy of Program Business. Originally Published 07/09/2008