Common Exclusions To Business Interruption Insurance
Posted: April 15, 2019
Business interruption insurance is designed to cover income lost when an event beyond your control forces you to close your business temporarily. This extra layer of protection goes beyond common business insurance policies. For example, if a fire in your office forces you to shut down temporarily, property insurance will cover the damage from the fire, but not the loss of income. The lost income...
Do I Need Product Liability Insurance On Top Of Business Owner’s Insurance?
Posted: March 15, 2019
If your business manufactures, distributes, sells, or repairs products, you may need product liability insurance in addition to your business insurance. In fact, business partners throughout your supply chain may require a certificate of liability insurance as proof of adequate product liability coverage. Why Is Product Liability Coverage So Important? If your business provides products to customers, you need product liability insurance because product liability...