Running a business without carrying insurance is extremely risky. Without insurance coverage, a single accident or lawsuit could quickly drain your resources and drive you out of business.
Below is a list of insurance coverage available to protect you in the event of a loss:
General Liability: protects you if anyone is injured at your place of business or injured by a product or service you sell.
Umbrella Liability: excess liability coverage for a business that is complex or exposed to many risks. For instance, if you make a product that could injure people or damage their property, umbrella coverage ensures you wonâ€™t be stuck with a big bill.
Property/Casualty: if your business owns property you need coverage for the structure.
Business Interruption: coverage for loss of income which kicks in when your business cannot operate as a result of a covered loss.
Workersâ€™ Compensation: if your business has any employees, you are required to carry workersâ€™ compensation insurance which covers medical bills and lost pay for employees who are injured on the job.
Life Insurance: if the business would cease to function without you there to guide it, life insurance can replace that lost income and make sure your family members are financially secure.
This is just an example of coverage available, for more information regarding business policies or to get a quote, please call us at (952) 445-5767.