March 21, 2018

Is your small business properly protected with insurance?

Regardless of what industry your business is in protecting it is vital. There are a number of different types and ways to protect your business to ensure that your business, employees and investment aren’t at risk. Business owners should have some form of insurance and the correct amount for all your assets. Without the right protection and coverage, you’re gambling with your business. A thorough plan should include insurance, safety plans as well as a continuity plans to survive a disaster or sudden loss of key people. This protects your yourself, the business, and your employees.

Key Takeaways:

  • Premiums will likely cost you less than dealing with something without insurance.
  • Choose an insurance broker who is knowledgeable about your industry and is aware of all aspects of your business.
  • Have a business continuity plan in place to ensure that your business continues to run smoothly even in the event of an emergency, and to review this plan on a regular basis.

“Although you can’t always prevent disasters, putting policies, procedures and protections in place will help mitigate the fall out from major events.”

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