Every business strives to hire outstanding and hardworking personnel, and these standout employees can become essential to the company’s daily operations and profitability, especially when they are co-owners, members of the senior leadership team, or key salespeople. However, what happens if one of these essential employees unexpectedly passes away or becomes disabled? Key person insurance,

Imagine you’re going about a normal day as a business owner when a power surge fries your computer system and other important electrical equipment. It might take days or weeks to recover from this type of unexpected incident. Plus, you will likely incur some extra expenses to get back on your feet quickly, while not

Serious illness or injury is always a risk, no matter your occupation, hobbies, or daily routine. When you become disabled, your health is not the only thing at risk; being unable to work means losing much-needed income and the ability to provide for yourself and your dependents. A disability insurance policy can cover your lost

If your business relies on an employee workforce, manages inventory, handles payments, and uses digital tools, it’s likely prone to both internal and external crime. Commercial crime insurance is a necessary policy to add to your existing liability coverage, as it helps you avoid the consequences of crimes perpetrated against your business. In the guide

Any workplace with employees, and especially workplaces requiring physical labor, have a risk of accidents occurring onsite. When accidents happen, lawsuits can be brought against your business. While there are many measures you can take to create a safe workplace, if your business has a chance of an accident occurring, you need a plan on

For any business that relies heavily on performing work at a physical location, there is always a chance that an incident, such as a natural disaster or theft, could damage or destroy the property. Are wildfires common in your area? Are you in a city with high crime rates? A significant disruption to your business’s

If you run a business that is at risk of lawsuits from employees, clients, or third parties, you may want to think ahead to ensure that one costly claim does not devastate your business. Increasingly popular, commercial umbrella insurance allows you to more affordably add coverage on top of your existing policies. Umbrella insurance can

Businesses face more lawsuits than ever before, and executives can be held personally liable for the decisions they make. One of the best tools businesses can use to protect high-level executives from the costs associated with claims of mismanagement is directors and officers insurance (or D&O insurance for short). This guide will provide everything you

General liability insurance is one of the primary commercial policies that businesses use to protect themselves against common lawsuits. Often referred to as commercial general liability insurance, or CGL insurance for short, this form of coverage helps businesses pay for the costs of defending or settling liability claims, usually related to personal injury or property

A small or medium sized business faces a number of risks above and beyond trying to keep up with the competition. From liability for accidents such as slips and falls that occur on the company’s premises to lawsuits against a business by the general public to natural disasters or other events that disrupt the ability

Cyber insurance is a type of liability insurance that can protect businesses (and individuals) from some of the losses and damage that you might incur as the result of a cyber-attack or data breach. This is an important type of insurance for businesses to consider, especially if you handle any type of valuable data or

Any business that employs others is vulnerable to potential lawsuits from current, former, or prospective employees alleging unfair or illegal treatment. From the hiring process all the way to separation from an employee, there are countless potential issues that could lead to a costly claim. And in today’s rapidly shifting social and legal environment, claims

Professional liability insurance, also commonly known as errors & omissions insurance, is an important coverage for any business that provides professional services to others. Despite all good intentions, businesses sometimes make mistakes or do something else that causes a client to file a liability lawsuit, and in these situations, insurance provides financial relief and peace

Commercial tow truck insurance protects businesses that generate income by transporting disabled vehicles. This guide will cover all the information that towing business owners and contractors should know when buying tow truck insurance, including what the insurance covers, how policies are structured, towing insurance rates, and how to compare insurance providers. Before getting into the

Product liability insurance is insurance that provides coverage for businesses that manufacture or sell physical products in the event a product causes harm (like injuries or property damage) to an individual or another business. This guide will cover all of the information business owners need to know when buying product liability insurance. This guide will

When starting a small business, it can be difficult to know what insurance coverage is necessary to protect your company from the costs associated with legal liability, theft, property damage, and other unforeseen disasters. Depending on the industry, size, and location of a business, different types of insurance coverage may be necessary to ensure financial

If you are in a situation in which family members, such as children or a spouse, depend on you for financial support, you may wish to purchase a life insurance policy. This guide will cover all of the basics of life insurance including the types of coverage, costs, how it works, and reviews of the