To start, consider these nine types of insurance for small businesses: 1General liability insurance What is general liability insurance? General liability insurance offers protection against third-party claims,
Have you insured your business? Insurance coverage offers a sense of safety. Read to find out what type of insurance policy suits you best!
Most small businesses have no idea thatproduct liability insuranceis an important part of their overall insurance policy. A defective product lawsuit can have devastating consequences for a business. The same goes for restaurants and large manufacturers. These types of lawsuits can cost a business mil...
There are a variety of types of insurance claims that small businesses can file to cover the costs related to an accident or disaster. Small business owners should familiarize themselves with the different types of insurance claims and the process for filing claims, because unfortunately, more than...
Get the lowdown on the different types of business insurance and what they cover. Plus get tips on who to speak to before insuring your business.
” That’s because there are almost as many types of business insurance as there are types of businesses, and one size does not fit all. What is business insurance? Business insurance is an umbrella term for a range of insurance types that cover financial losses to your business. Depending...
Discover top insurtech trends: AI innovation, enhanced customer focus, IoT integration, and evolving cyber and climate insurance.
investing in D&O liability insurance is advisable. This insurance can cover legal fees, settlements and other costs associated with defending against a claim related to the decisions and actions of company leaders. By combining strong governance practices with the appropriate insurance, b...
How to protect your business:Implement two-factor authentication for payroll software and employee records. Regularly review payroll records and time tracking to ensure there aren’t discrepancies. 8. Insurance fraud Insurance-related fraud targeting small businesses comes in many forms. One of the mos...
This allows you to attract talent by offering more annual sick days than other similar businesses, or unrestricted time off, an educational stipend, or covering 100% of health insurance costs. The types of benefits offered as well as the details of each can send a message about what the ...