Category Archives: Business
You Could Lose Everything You Worked Hard For When Not Having D&O Insurance
When starting out your business, you need the most basic business insurance to protect your company from lawsuits. You purchase worker’s compensation, general liability and BOP insurance. Yet one type of insurance not on a lot of people’s radars is D&O insurance. Directors and Officers (D&O) insurance is designed to protect business owners, directors and
How to Determine Whether to Insure Directors and Officers
As a small business owner, it’s easy to cut corners where you think it will have the least impact. This is especially true when it comes to certain insurance provisions. Many small businesses don’t think about insuring their Directors and Officers, which is called D&O insurance. While it may be cheaper for you to only
The Ins and Outs of Errors and Omissions Insurance
Errors and omissions (E&O) insurance protects businesses and individuals from being sued for services they rendered inadequately. In some industries it is commonly referred to as malpractice insurance, but E&O insurance is not limited to industries where malpractice insurance is standard (e.g. law, medicine, engineering). E&O insurance is a business insurance that protects any business
What does employment practices liability insurance cover?
If you’re a business owner that has employees, you should strongly consider acquiring an employment practices liability insurance policy. This type of policy will offer you coverage and protection in the event that an employee files a claim or lawsuit against your company. Employee lawsuits are extraordinarily common today, and even frivolous lawsuits can cost
Workplace Safety Tips
Workplace safety is an essential part of working. There are several steps that you need to make sure that you take to ensure that you remain safe while you are working. Keeping yourself safe could keep others safe as well. Workers compensation is another factor that can keep you safe while you are working. In
Are You Properly Covered For Your In-Home Business?
If you have an in-home business, you may have made the mistake of believing that your homeowners insurance coverage will cover your business as well. This isn’t necessarily true, though it could be if you have an extremely good homeowners insurance policy. Usually, it is far more worthwhile for you to have additional coverage for
Does Being a Business Owner Mean Needing a General Liability Insurance Policy?
You knew that when you became a business owner that you needed insurance to cover any liabilities that might arise. To that extent, you took on a premises liability policy to protect yourself from a lawsuit, but it is not enough. A premises liability policy only protects you in the event of a mishap in
