Commercial Business

If you’re in business, you’re at risk. Accidents happen, so it’s crucial that you ensure that your business is protected in the event of property damage/loss or potential lawsuits.

What would you do if a customer slipped and fell in your establishment? Sunshine Insurance is here to ensure that you are covered. We will work with you to understand your business and the risks to which you are exposed. Together, we will tailor the best insurance solutions for you.

We offer property and all classes of liability insurance. Depending on your line of business, you may want additional specialized coverages. Listed below are some of the business insurance coverages we offer:

Property Insurance
What would happen if your office caught fire? If you’ve got property insurance with Sunshine Insurance, you’re covered. Property insurance pays for losses and damages to real or personal property. You can purchase additional coverages for business property including:

Business Interruption Insurance. This insurance covers lost income and expenses resulting from property damage or loss. Should a fire force you to close up shop for two months, this insurance would reimburse you for salaries, rents and net profits that ordinarily would have been earned during a defined period.

Money Insurance. This provides coverage for the loss of money due to a robbery or theft as follows:

  • Loss of money in transit
  • Loss of money from the insured’s premises during business hours

Theft Insurance. Provides coverage for theft losses (theft following upon an actual forcible and violent entry of and or exit from the premises) in respect of content of offices, warehouses, shops etc. and also damage caused to the premises.

Glass Insurance. This covers broken store windows and plate glass windows.

Boiler and Machinery Insurance. This type of insurance, commonly referred to as equipment breakdown or mechanical breakdown coverage provides coverage in the event of an accidental breakdown of specific machinery/equipment.

Builder’s Risk Insurance. This coverage covers buildings while they are being constructed. For example, a builder’s risk policy would cover your losses if a storm takes down your partially constructed condominium complex.

Goods in Transit (Inland Marine).
Goods in transit insurance covers property in transit. This insurance covers damage to inventory that is being transported from your warehouse to a retail outlet.

Tenant’s Insurance
Commercial leases often require tenants to carry a certain amount of insurance. A renter’s commercial policy covers damages to leasehold improvements you make to your rental space and damages to the building caused by the negligence of your employees.

Fidelity Guarantee Insurance
Covers losses due to employee theft of business property or money.


Liability insurance covers injuries that you may cause to third parties. If someone sues you for personal injuries or property damage, the cost of defending and resolving the suit would be covered by your liability insurance policy.

Employers’ Liability Insurance
An employers’ liability policy will cover the employer for lawsuits brought against them by an employee who has sustained bodily injury as a result of the employers’ negligence.

Public Liability Insurance
A public liability policy will cover you for common risks, including customer injuries on your premises. More specialized varieties of liability insurance include:

Errors and Omissions Insurance
Errors and omissions (“E & O”) insurance covers inadvertent mistakes or failures that cause injury to a third party. The act must actually be an inadvertent error, and not merely poor judgment or intentional acts. For example, an E & O policy would cover damages arising from an insurance agent failing to file policy applications, or a notary forgetting to fill out notarizations properly.

Professional Indemnity (Malpractice) Insurance
Professional Indemnity (or Malpractice) insurance, pays for losses resulting from injuries to third parties when a professional’s conduct falls below the profession’s standard of care. For example, if a doctor makes a mistake that other doctors of his specialty would not have made, his patient might sue him. A malpractice policy will pay his defense costs and any judgment or settlement. Professional indemnity insurance is available for doctors, dentists, accountants, real estate agents, architects, attorneys and other professionals.

Commercial Motor Insurance
Commercial automobile policies cover the cars, vans, trucks and trailers used in your business. The coverage will reimburse you if your vehicles are damaged or stolen or if the driver injures a person or damages property.

Directors’ and Officers’ Liability Insurance
This type of insurance is generally purchased by corporations and nonprofit organizations to cover the costs of lawsuits against directors and officers.

Compulsory insurance to cover work-related injury in The Bahamas. Please see  for more information.