Insurance in Northampton County, Pennsylvania is designed to protect the financial interest of companies and people alike. Banks and hospitals are at great risk for major losses financially if something was to happen to the company or the people that work for them. Here the types of insurance that banks and hospitals should look at having to protect their financial interests.

Insurance for Banks

Banks have a lot of things that they are responsible for. Some types of insurance that the bank will want to have may include:

· Workers Compensation – This benefit covers an employee that gets injured while on the job. The injury could be as simple as a fall or as complicated as multiple fractures that will require rehab and a long recovery.

· Mortgage Insurance – Covers the lender if the property is damaged or the borrower fails to repay the loan. If the property is vacant or foreclosed on, then this covers for damages that are peril related.

· Liability Coverage – This insurance covers any injuries to customers that are robbery related or just hurt while on the premises.

Insurance for Hospitals

Hospitals are places that have a lot people coming and going and that care for well-being for others. Here are some insurance basics that they will want to consider:

· A hospital will need to have worker’s compensation to cover the injuries to their employees.

· Liability insurance for medical facilities protects workers from malpractice, equipment failure and other things that the hospital could be responsible for.

· Disability insurance takes care of issue related to people who have been laid off for circumstances that are not their own fault.

If you live in Bethlehem, PA and have questions about commercial insurance, then you need to contact your own independent agent today. As your agent we can help fit you with the best insurance for your needs. It’s important that you give us a call so that we can give you specific details for your circumstances so your needs are met in the right way.