Insurance - It Can Save More than your Business
Monday, August 21st, 2006Every new business needs a certain level of insurance protection. A business with at least one employee needs insurance to help protect the owner, the employee, the customers and the investors in the business. A business with a solid insurance plan is building a solid foundation for the business to grow upon. There are six primary forms of insurance for a basic business, whether it is new or established. They are
1. Liability
2. General liability
3. Business interruption
4. Health
5. Disability
6. Workers compensation
Many small business owners are familiar with these insurance products and most employees are familiar with the last three. What may be a surprise to some is how many small business owners don t know of the third form of insurance on this list. A look at the devastation in the Gulf after the hurricanes should keep business interruption insurance fresh in the minds of all small business owners. The owners in Louisiana who had business interruption in (more...)
