Why a Growing Business Needs to Look Into Key Person Insurance
Posted: December 18, 2017
Why a Growing Business Needs to Look Into Key Person InsuranceIn a small, thriving business, the death of a key employee could cause the business to collapse. It could be an owner, a founder, a key salesperson, or another important player in a growing concern. Life is full of uncertainties. Key person insurance helps protect your business should the unexpected happen. How Key Person Insurance Works Key person insurance is life insurance on a key...
15 Ways Contractors Can Avoid General Liability Claims
Posted: October 12, 2017
15 Ways Contractors Can Avoid General Liability ClaimsIt doesn’t matter how carefully you adhere to safety standards. If you are in construction, there is a chance that someone can get hurt, or something could get damaged. And when a third-party person decides that you are at fault for their injury, a lawsuit is never far behind. That’s why your construction business carries general liability coverage. There are steps you can take, however, to...
The Growing Importance of Cyber Liability Insurance
Posted: October 10, 2017
The Growing Importance of Cyber Liability InsuranceIn the 21st Century, technology is vital to conducting business. However, the same technology your business relies on can also leave it vulnerable to costly security threats. Cybercrime is big business and becoming increasingly more sophisticated with advances in technology. No one is safe from cybercrime – neither individuals, nor small businesses, nor the largest corporations. Cyber liability insurance can help protect your business from...
Business Owners Package Insurance: What You Should Know
Posted: September 25, 2017
Business Owners Package Insurance: What You Should KnowMany small to medium sized businesses can get business owners package insurance (often called "BOP”), which simplifies the entire insurance coverage problem. A business owner package insurance policy is more affordable, as there are several forms of insurance in one "package.” All business owners have concerns about staying protected against financial losses, and for good reason. It is impossible to know what the future will...
How Small Businesses Can Avoid Insurance Mistakes
Posted: August 4, 2017
How Small Businesses Can Avoid Insurance MistakesIt takes hard work, dedication, creativity, and tenacity to get a small business up and running successfully, and it makes sense to have the right insurance coverage in place to protect it. In fact, purchasing business insurance may be one of the most important decisions you make. The right coverage can help prevent unforeseen events from ruining all you have worked so hard to build....