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Professional liability insurance: Also known as “errors and omissions insurance,” this policy protects against claims of professional negligence, errors or omissions that may arise from providing professional services or advice. Property insurance: This policy covers physical assets of the business, such...
And so you can get that in connection with any other types of insurance that you may have in order to protect the indemnitor from loss. But other types of insurance may come into play that you wanna make sure you have, such as general commercial liability insurance, property damage ...
LLC stands for “limited liability company”. It is defined as a business structure that is allowed by state statute that combining some elements of a sole proprietorship or partnership with aspects of a corporation. This unique classification, like a corporation, enables an LLC to be considered ...
When embarking on the journey of starting a new business, one of the pivotal decisions is choosing the right business structures that resonate with your entrepreneurial goals and requirements. This choice significantly affects aspects like taxation and liability. If you've opted for LLC formation, th...