The most common types of commercial insurance are property, liability and workers' compensation. In general, property insurance covers damages to your business property; liability insurance covers damages to third parties; and workers' compensation insurance covers on-the-job injuries to your employees.
NEC: Necessary: NEC: Not Elsewhere Classified: NEC: National Elections Commission
NEC is a family of contracts that facilitates the implementation of sound project management principles and practices as well as defining legal relationships.