Discover what umbrella insurance covers, how it enhances personal liability protection, and why it suits those with significant assets or high-risk activities.

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 ...

When dealing with employee benefit plans and plan funds, employers have a fiduciary responsibility to act in their employees’ best interests. This means they’re legally bound to act ethically and do ...

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 ...

Businesses that provide services for a fee should have professional liability insurance. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

Product liability insurance can help protect businesses involved in the distribution and sale of goods. Many, or all, of the products featured on this page are from our advertising partners who ...