Business Insurance



Boiler & Machinery Coverage: – Covers repair or replacement of electrical systems, heating, air conditioning or other machinery (except computers) in the event of unexpected breakdown. Many policies also cover lost business that results from the equipment breakdown. Business Property Insurance: Covers fixed assets like furniture, fixtures, stock, phone systems, and all computer equipment, both owned and leased. Business Income & Extra Expense: – In the event of loss from a covered peril which results in closing your business for a period of time, this coverage pays for lost income and the extra expenses involved in renting temporary office space, furniture, etc., until your space can be restored for use. Business Interruption and Business Expense Insurance: Pays for the income your company loses, and for additional costs your company pays if a loss makes it impossible for you to work in your office. Directors and Officers Liability Insurance: Usually required by a board of directors to protect them in the event they are sued in conjunction with their duties as they relate to the company. E-Business Liability Insurance: A “package” policy for online service providers that includes coverage for Technology Errors and Omissions Liability, Media and Intellectual Property, and Breach of Computer Security. Employment Practices Liability: Protects employers against claims made by employees for discrimination (age, sex, race, disability), wrongful termination, and sexual harassment. Errors and Omissions (Professional Liability): Protects your company if your client holds you responsible for a contractual breach, including programming errors and software performance. Fiduciary Liability: Covers a person exercising discretionary authority or control over a company's employee benefits plans with respect to the management of medical, dental, pension & 401K plans, etc. Coverage is for lawsuits by employees for alleged wrongful acts in management or notification. Fire Damage Legal Liability: If a company rents or leases office or storage space from a landlord and damage results from loss due to a covered peril, the company may be liable for restoring these leased space to its condition prior to the loss. Your lease agreement will outline who is responsible for restoring the building, improvements and betterments. If responsibility lies with the insured, Fire Legal Liability coverage will pay for restoring the leased space, up to the policy coverage limits. It is vitally important to have adequate coverage limits as part of your policy. General Liability Insurance: If you lease office space, or are hosting your computer at another location, General Liability covers lawsuits arising out of bodily injury or property damage, including libel, slander, and other personal injury and advertising claims. Group Employee Benefits: Health, Dental, Long Term Disability, and Life Insurance coverage purchased in the name of the company, and offered to employees as a benefit. Hired and Non-Owned Automobile Liability Insurance: Covers your firm’s liability if you rent a car, or if your company is sued due to an accident caused by an employee driving on company business. Intellectual Property Insurance: Covers judgments and legal defense costs if a competitor sues you for copyright, trademark, or patent infringement. Key Person Life Insurance: Finances the business upon the death of a key employee with tax-free proceeds so that the company can afford to continue operating. Outside Directorship Coverage: Provides coverage for claims brought against the Insured's directors and officers while serving as a director or officer of an outside entity (any non-profit organization or scheduled for-profit organization) when the Insured has requested that they serve in such capacity. The coverage applies on either a triple or double excess basis. Triple excess means that the Insurer's policy applies excess of the outside entity's indemnification provisions, the outside entity's applicable insurance, and the Insured's indemnification provisions. Double excess means that the Insurer's policy applies excess of any applicable insurance or indemnification available to the director or officer from the outside entity. Personal & Advertising Injury Liability: Covers legal defense expenses and damages for lawsuits from false, malicious or misleading statements, advertisements, promotional flyers or brochures, etc. Suits are typically for damage to reputation and lost business. Suits could also be for discriminatory acts against customers. Policy Pricing / Rating: Some insurance policies are rated or priced based on the Total Square Footage of each location, others rate exposures based on Gross Annual Sales and then some policies rate exposures based on a firm's property values for computers, furniture and product stock, etc. Umbrella Liability: Insures losses in excess of amounts covered by other liability insurance policies; also protects the insured in many situations not covered by the usual liability polices. Workers Compensation Insurance: Usually a statutory coverage, Workers Compensation covers the medical expenses and lost income of your employees if they are hurt on the job.

Through Gaston & Associates, Inc. you can purchase a complete line of insurance coverages that will protect your business. Since Gaston & Associates, Inc. only work with the major carriers and because we can pick and choose among the best policies, you can be assured to receive the best coverage options available in the market.

Gaston & Associates, Inc. keeps you insured as your business grows. We are focused on your needs, whether you are just starting out, or growing faster than you can keep up. We provide you the insurance you need because you can do anything for the success of your business, except travel back in time.

Gaston & Associates, Inc.
100 S. Bedford Road
Mt. Kisco, NY 10549

Phone: 914.244.1055
Tollfree: 800.432.7435
Fax: 914.244.1056
Email: info@gastonassoc.com