Which type of insurance would generally cover liability for a small business?

Property and Casualty Insurance is designed to cover various risks associated with running a small business, including liability coverage. Liability insurance, which is a component of property and casualty insurance, protects businesses from claims resulting from injuries and damage to others. This type of coverage can address both bodily injury and property damage claims.

In the context of a small business, having property and casualty insurance is crucial as it not only provides coverage for the physical assets of the business but also for legal liabilities. This means that if a customer were to have an accident on the business premises or if the business inadvertently causes damage to someone else's property, this insurance would cover the costs associated with those claims, thereby protecting the business's financial interests.

Other options do not apply to general liability coverage for businesses. Excess and Surplus Lines Insurance is typically utilized for high-risk businesses or specialized insurance needs that standard insurers will not cover. Life Insurance pertains specifically to individuals and does not relate to business liability. Benefit Insurance usually refers to coverage related to employee benefits and is also not focused on liability for businesses.