Final answer:
Business and Protection insurance covers property damage and liability, employee health and retirement benefits, intellectual property and patents, and marketing and advertising costs.
Step-by-step explanation:
Business and Protection Insurance covers a range of risks that businesses may face. Some of the coverage includes:
- Property damage and liability: This covers damage to a business's physical assets, such as buildings and equipment, as well as liabilities arising from accidents or injuries that occur on the premises or as a result of the business's operations.
- Employee health and retirement benefits: This provides coverage for employees' medical expenses and retirement savings, such as health insurance plans and pension programs.
- Intellectual property and patents: This protects a business's intellectual property, such as trademarks, copyrights, and patents, from unauthorized use or infringement.
- Marketing and advertising costs: Some insurance policies may cover the costs of marketing and advertising campaigns, including advertising liability coverage to protect against claims of false or misleading advertising.