Lehi Business Insurance provides a wide range of insurance options. All our policies are designed to protect you, your company, your assets, and your employees. We can help tailor a business insurance package for any type of company. We provide EPLI, D&O, crime insurance, and bond insurance. EPLI provides protection against legal rights violations. D&O will protect the owners and directors of a company against lawsuits. Crime insurance provides protection against any kind of theft. Bond insurance will provide protection to borrower’s form default loans and payment arrangements. We want to make sure your company is fully covered. Give our team a call today if you are interested in our commercial insurance products.
What is EPLI?
Employment practices liability insurance (EPLI) provides protection against workers’ claims of legal rights violation. Any company can have a legal rights lawsuit brought against it. EPLI can protect you and your company against sexual harassment, discrimination, wrongful termination, breach of employment contracts, and more. The policy will reimburse fees associated with a legal case or lawsuit. The policy will not pay for punitive damages or fines. We encourage all companies to educate the employees to reduce the risk of legal rights being violated in the workplace.
What is D&O?
Directors and Officers Liability Insurance (D&O) provides protection to individuals if they are sued due to being a director or officer of a company. It will also cover legal fees associated with the suit. D&O does not cover fraud and criminal offenses associated with a director or officer of your company. It can cover both civil and criminal legal fees for the director or officer. If you are interested our D&O insurance options, don’t hesitate to give our team a call today.
What is Crime Insurance?
Your typical commercial property insurance normally does not cover crime and theft. We offer affordable crime insurance that will keep your company safe and operational. Your crime policy will cover employee theft, forgery, theft of money or securities, computer fraud and more. It will also cover any type of burglary or robbery. Theft is a huge concern for all types of businesses. A smaller company can be devastated after a theft. We can help you get back on your feet in no time. Feel free to email or call our customer service team today for more info or to schedule a free consultation on our crime insurance services.
What is Bond Insurance?
We also provide bond insurance policies. Bond insurance covers your company in case of default payment on a bond. It will guarantee repayment of the principal and can also include repayment of interest. Issuers of bonds can receive a higher credit rating if they purchase bond insurance. We often file bond insurance policies for municipal bonds and asset-backed securities. If you would like to learn more about our bond insurance policies, don’t hesitate to give our team a call. We are available to answer any of your questions.