Why Business Insurance?

The main reason for securing insurance is to protect against loss. For a small business, this protection is often more important because loss inevitably affects cash flow and there is a limited to zero capacity to fund such a loss. To minimize or avoid this situation, there are three most common types of business insurance to consider as introduced below, and that may be obtaining using a convenient online application process.

Type Of Business Insurance :

• Business Property Insurance

Covers damage to your business or property including a variety of property categories such as lost income or business interruption, buildings, computers, money, and valuable papers

• Business Liability Insurance

Covers damages to third parties such as in the event of a lawsuit for personal injury or property damages. Three types of liability insurance include general, professional and product liability insurance

• Workers Compensation Insurance

Covers on-the-job injuries to your employees including medical care, part of lost wages and permanent disability. If you have employees, this type of insurance is required

• Other Specialized Insurance Protection

There are also many forms of specialized insurance to protect against loss including Auto and Truck, Building Contents, Business Owner Policy, Crime, Directors and Officers, Key Man, Employment Practices, Errors and Omissions, Fidelity and Surety Bonds, Home Based Business and Umbrella insurance