INSURANCE
for Business
Protects you from losses that are a threat to the financial
health of your organization. Therefore, commercial
insurance is an important element of a sound plan of
operations. Here is what you need to know, what you need
to look for, and what you need to do when shopping for
insurance for your business.
Insurance is there to protect you from losses that are
significant to your organization. But what is a
significant loss to one business may be a trivial loss to
another. Therefore, your COVERAGE, DEDUCTIBLES, and
POLICY LIMITS must be chosen carefully.
COVERAGE
The various insurance policies available to business
organizations include:
- Accounts Receivable
- Comprehensive or Commercial General Liability (CGL)
- Property
- Crime
- Commercial Automobile
- Errors and Omissions
- Directors and Officers
Every organization requires its own set of coverage.
Discuss your needs with your insurance representative.
The more your representative knows about your business and its
operations, the better prepared they will be to advise you
about the type of insurance you need.
Periodically, REVIEW YOUR INSURANCE POLICY with your
Insurance Representative. Over time, your business may
grow and your insurance needs may change. You could find
yourself paying for coverage you don't need.
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