Any risk that can be quantified can potentially be insured. Specific kinds of risk that may give rise to claims are known as "perils". An insurance policy will set out in detail which perils are covered by the policy and which are not. Below are (non-exhaustive) lists of the many different types of insurance that exist. A single policy may cover risks in one or more of the categories set forth below. For example, auto insurance would typically cover both property risk (covering the risk of theft or damage to the car) and liability risk (covering legal claims from causing an accident). A homeowner's insurance policy in the U.S. typically includes property insurance covering damage to the home and the owner's belongings, liability insurance covering certain legal claims against the owner, and even a small amount of health insurance for medical expenses of guests who are injured on the owner's property.

Business insurance can be any kind of insurance that protects businesses against risks. Some principal subtypes of business insurance are (a) the various kinds of professional liability insurance, also called professional indemnity insurance, which are discussed below under that name; and (b) the business owners policy (BOP), which bundles into one policy many of the kinds of coverage that a business owner needs, in a way analogous to how homeowners insurance bundles the coverages that a homeowner needs.

Casualty insurance insures against accidents, not necessarily tied to any specific property.

• 
  
  Crime insurance is a form of casualty insurance that covers the policyholder against losses arising from the criminal acts of third parties. For example, a company can obtain crime insurance to cover losses arising from theft or embezzlement.
• Political risk insurance is a form of casualty insurance that can be taken out by businesses with operations in countries in which there is a risk that revolution or other political conditions will result in a loss.

• Disability insurance policies provide financial support in the event the policyholder is unable to work because of disabling illness or injury. It provides monthly support to help pay such obligations as mortgages and credit cards.
• Total permanent disability insurance insurance provides benefits when a person is permanently disabled and can no longer work in their profession, often taken as an adjunct to life insurance.
• Disability overhead insurance allows business owners to cover the overhead expenses of their business while they are unable to work.
• Workers' compensation insurance replaces all or part of a worker's wages lost and accompanying medical expense incurred because of a job-related injur

Casualty insurance insures against accidents, not necessarily tied to any specific property.

• 
  
  Crime insurance is a form of casualty insurance that covers the policyholder against losses arising from the criminal acts of third parties. For example, a company can obtain crime insurance to cover losses arising from theft or embezzlement.
• Political risk insurance is a form of casualty insurance that can be taken out by businesses with operations in countries in which there is a risk that revolution or other political conditions will result in a loss.

Commercially insurable risks typically share seven common characteristics.

1. A large number of homogeneous exposure units . The vast majority of insurance policies are provided for individual members of very large classes. Automobile
   
   insurance, for example, covered about 175 million automobiles in the United States in 2004. The existence of a large number of homogeneous exposure units allows insurers to benefit from the so-called “law of large numbers,” which in effect states that as the number of exposure units increases, the actual results are increasingly likely to become close to expected results. There are exceptions to this criterion. Lloyd's of London is famous for insuring the life or health of actors, actresses and sports figures. Satellite Launch insurance covers events that are infrequent. Large commercial property policies may insure exceptional properties for which there are no ‘homogeneous’ exposure units. Despite failing on this criterion, many exposures like these are generally considered to be insurable.
2. Definite Loss . The event that gives rise to the loss that is subject to insurance should, at least in principle, take place at a known time, in a known
   
   place, and from a known cause. The classic example is death of an insured on a life insurance policy. Fire, automobile accidents, and worker injuries may all easily meet this criterion. Other types of losses may only be definite in theory. Occupational disease, for instance, may involve prolonged exposure to injurious conditions where no specific time, place or cause is identifiable. Ideally, the time, place and cause of a loss should be clear enough that a reasonable person, with sufficient information, could objectively verify all three elements.
3. Accidental Loss . The event that constitutes the trigger of a claim should be fortuitous, or at least outside the control of the beneficiary of the insurance. The loss should be ‘pure,’ in the sense that it results from an event for which there is only the opportunity for cost. Events that contain speculative elements, such as ordinary business risks, are generally not considered insurable.
4. Large Loss . The size of the loss must be meaningful from the perspective of the insured. Insurance premiums need to cover both the expected cost of losses, plus the cost of issuing and administering the policy, adjusting losses, and supplying the capital needed to reasonably assure that the insurer will be able to pay claims. For small losses these latter costs may be several times the size of the expected cost of losses. There is little point in paying such costs unless the protection offered has real value to a buyer.
5. Affordable Premium . If the likelihood of an insured event is so high, or the cost of the event so large, that the resulting premium is large relative to the amount of protection offered, it is not likely that anyone will buy insurance, even if on offer. Further, as the accounting profession formally recognizes in financial accounting standards, the premium cannot be so large that there is not a reasonable chance of a significant loss to the insurer. If there is no such chance of loss, the transaction may have the form of insurance, but not the substance. (See the U.S. Financial Accounting Standards Board standard number 113)
6. Calculable Loss . There are two elements that must be at least estimable, if not formally calculable: the probability of loss, and the attendant cost. Probability of loss is generally an empirical exercise, while cost has more to do with the ability of a reasonable person in possession of a copy of the insurance policy and a proof of loss associated with a claim presented under that policy to make a reasonably definite and objective evaluation of the amount of the loss recoverable as a result of the claim.
7. Limited risk of catastrophically large losses . The essential risk is often aggregation. If the same event can cause losses to numerous policyholders of the same insurer, the ability of that insurer to issue policies becomes constrained, not by factors surrounding the individual characteristics of a given policyholder, but by the factors surrounding the sum of all policyholders so exposed. Typically, insurers prefer to limit their exposure to a loss from a single event to some small portion of their capital base, on the order of 5 percent. Where the loss can be aggregated, or an individual policy could produce exceptionally large claims, the capital constraint will restrict an insurers appetite for additional policyholders. The classic example is earthquake insurance, where the ability of an underwriter to issue a new policy depends on the number and size of the policies that it has already underwritten. Wind insurance in hurricane zones, particularly along coast lines, is another example of this phenomenon. In extreme cases, the aggregation can affect the entire industry, since the combined capital of insurers and reinsurers can be small compared to the needs of potential policyholders in areas exposed to aggregation risk. In commercial fire insurance it is possible to find single properties whose total exposed value is well in excess of any individual insurer’s capital constraint. Such properties are generally shared among several insurers, or are insured by a single insurer who syndicates the risk into the reinsurance market

We have researched all the essential information you'll need to start you off on your travel plans. Whether you're a culture vulture, a shopaholic or a night bird, we guide you round the hottest spots, top sights and best places to eat and sleep.

Travel insurance is insurance that is intended to cover medical expenses, financial (such as money invested in nonrefundable pre-payments), and other losses incurred while traveling, either within one's own country, or internationally.

Travel insurance can usually be arranged at the time of booking of a trip to cover exactly the duration of that trip or a more extensive, continuous insurance can be purchased from (most often) travel insurance companies, travel agents or directly from travel suppliers such as cruiselines or tour operators. However, travel insurance purchased from travel suppliers tends to be less inclusive than insurance offered by insurance companies.

Travel insurance often offers coverage for a variety of travelers. Student travel, business travel, leisure travel, adventure travel, cruise travel, and international travel are all various options that can be insured.

The most common risks that are covered by travel insurance are:

• Medical expenses
  
  
• Emergency evacuation/repatriation
• Overseas funeral expenses
• Accidental death, injury or disablement benefit
• Cancellation
• Curtailment
• Delayed departure
• Loss, theft or damage to personal possessions and money (including travel documents)
• Delayed baggage (and emergency replacement of essential items)
• Legal assistance
• Personal liability and rental car damage excess

Some travel policies will also provide cover for additional costs, although these vary widely between providers.

And in addition, often separate insurance can be purchased for specific costs such as:

• pre-existing medical conditions (e.g. asthma, diabetes)
• high risk sports (e.g. skiing, scuba-diving)
• travel to high risk countries (e.g. due to war or natural disasters or acts of terrorism)

Common Exclusions:

• pre-existing medical conditions
• war or terrorism - but some plans may cover this risk
• pregnancy related expenses
• injury or illness caused by alcohol or drug use

Travel insurance can also provide helpful services, often 24 hours a day, 7 days a week that can include concierge services and emergency travel assistance.

Typically travel insurance for the duration of a journey costs approximately 5-7% of the cost of the trip.

Location. The Nine Zero Is Located Adjacent To The Freedom Trail In The Ladder District Of Boston, Mass. This Property Overlooks The Old Granary Burying Ground, And Stands One Block From Boston Common.

Hotel Features. The Hotel's Small, Stylishly Decorated Lobby Overlooks Tremont Street. Ko Prime Steakhouse Features Wagyu, Kobe And Grass-fed Beef, And Presents An Extensive Wine List. The Hotel Hosts Complimentary Wine Receptions Each Afternoon. A 24-Hour Business Center Is Staffed During Business Hours. Wireless Internet Access Is Complimentary Throughout The Hotel. The Hotel Includes A Complimentary, 24-Hour Fitness Room That Contains Cardiovascular And Weight-training Equipment, And Free Weights. This Property Distributes Complimentary Passes To A Nearby Health Club. Outdoor Exercise Includes Hiking The Freedom Trail That Leads To 16 Significant Historic Sites. The Nine Zero Welcomes Pets. Hotel Staff Walks, Grooms And Arranges Massage Treatments For Dogs, By Appointment.



Guestrooms. The 19-Story Nine Zero Hotel Offers 190 Stylish Guestrooms Equipped With Complimentary High-speed Wired And Wireless Internet Access. Beds Feature Oversize Leather Headboards, Pillowtop Mattresses, And European Down Comforters And Pillows. Décor Elements Include Black Furniture With Brushed-chrome Accents, Chrome Lamps And High-backed Chairs Paired With Ottomans. Marble Bathrooms Provide Bathrobes, Makeup Mirrors And Toiletries By Mario Russo. Select Accommodations Contain Showers Only, While Others Include Shower/Tub Combinations. Rooms Feature Remote-control Cd Players. The Reception Desk Stocks A Supply Of Cds. Minibars Feature Nantucket Off-shore Cocktail Mixes With Tins Of Rim Flavorings That Coordinate With The Mixes. The Hotel Provides Complimentary Yoga Baskets For In-room Use, And The Fitness Channel Airs "Yogilates" Routines.



Expert Tip. Although Specialties Such As The Charcutterie And Offal Steaks Might Speak For Themselves, The Chef Who Created Them Also Deserves Recognition. Chef Ken Oringer, Who Heads The Kitchen At The Ko Prime Steakhouse, Won The Iron Chef Award In April 2008.

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Location. The Boston Omni Parker House Hotel Stands In Downtown Boston, Mass., One Block From City Hall And Boston Common. The Boston Harbor And The Theater District Are Located Two Blocks From The Hotel. Fenway Park, Harvard Square And Boston Logan International Airport Are Located Within Three Miles Of This Property.

Hotel Features. The Boston Omni Parker House Hotel, Which Opened In 1855, Underwent A $30 Million Restoration And Renovation In 2008. The Hotel Marries Modern Amenities With Historic Architectural Charm. Parker's Restaurant Serves American And Continental Cuisine. This Hotel Was The Birthplace Of Parker House Rolls, Served At The Restaurant. Parker's Bar Décor Features Mahogany Paneling, A Fireplace And Stained-glass Windows. The Last Hurrah Bar Offers Pub Fare, A Collection Of Bostonian Whiskeys And Signature Boston Crème Martinis. Wireless Internet Access Is Complimentary In The Lobby. Children's Amenities Include Milk-and-cookie Turndown Service And A Welcome Gift. A Complimentary, 24-Hour Fitness Room Features Hardwood Floors And Contains Cardiovascular And Weight-training Equipment, Yoga Balls, Free Weights And A Wall-mounted, Flat-screen Television.



Guestrooms. This 15-Story Property Offers 551 Guestrooms Constructed In Various Configurations. Beds Are Outfitted With White Duvets, Premium Linens And Crimson Bed Shawls. Marble Bathrooms Feature Curved Shower Rods And Contain Bathrobes. Rooms Include High-speed Wired Internet Access For A Fee, And Flat-screen Televisions.



Expert Tip. This Boston Hotel Features Morsel's, Where Guests May Enjoy Starbucks Coffee And Use Two Computers And A Printer.

Renovation Notice:

The Hotel Is Undergoing Renovations To Select Guestrooms. There May Be Noise Disturbance. The Estimated Completion Date Is June 2008. This Date Is Subject To Change

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Location. The Onyx Hotel Stands One Block From The North And Haymarket Subway Stations In The Bulfinch Triangle District Of Boston, Mass. The Td Banknorth Garden Is Located One Block From The Hotel. Boston Common Is Less Than One Mile Away.

Hotel Features. This Brick-and-glass Boutique Property Features A Contemporary Lobby Decorated With Original Artworks And Flashes Of Vividly Colored Fabrics. The Intimate Ruby Room Restaurant Features A Stainless-steel Chandelier, Twinkling Red Lights, Red-leather Banquettes And Tangerine-hued Upholstered Chairs. American-style Fare Includes Sandwiches And Salads. The Restaurant Is Open For Breakfast And Dinner. The Bar Is Open Until Late Evening And Serves Its Signature Ruby Red Martini. This Hotel Hosts A Daily, Complimentary Wine Reception. A Computer Is Available For Guest Use, And Print, Fax And Photocopy Services Are Available For A Fee. Wireless Internet Access Is Complimentary Throughout The Hotel. Recreational Amenities Include A 24-Hour, Complimentary Fitness Room Equipped With Television-mounted Cardiovascular Machines, A Universal Weight Machine, Free Weights And Yoga Balls. Water And Headphones Are Complimentary. Pets Are Welcome, And Dog-walking Services Are Available For A Fee.



Guestrooms. This 11-Story Property Offers 112 Fashionable Guestrooms Furnished With Ruby-red Suede Chairs, And Decorated In Ebony And Taupe Color Schemes. Beds Are Draped With 350-Thread Count Sheets And Down Comforters. Bathrooms Feature Charcoal-granite Floors, Pedestal Sinks, Leopard-print Bathrobes, Curved Shower Rods And Aveda Toiiletries. The Onyx Hotel Participates In The Kimpton Company's Green Initiatives. The Yoga Channel Airs On Guestroom Televisions, And The Hotel Provides Complimentary Mats And Blocks. Guestrooms Include Cd Players And The Front Desk Offers A Cd Library. High-speed Wired And Wireless Internet Access Is Complimentary.



Expert Tip. The Onyx Hotel Boasts An "Emerging Art" Theme And Displays Artwork From The Museum Of Fine Art. These Installations Rotate Every Six Months. Artwork Is Available For Purchase.