This Coverage comes to the rescue when there is a lawsuit by your consumer against your products or services. It is often filed by a customer who has been physically or financially hurt due to the operations of your business.
Businesses need insurance because it helps cover expenses related to property damage and liability claims and thus prevents major losses in the long run.
Without insurance, a company may have to settle expensive damages and legal claims against their business out of their own pockets. Depending on the event, this can be an economically devastating scenario for many entrepreneurs.
As employer’s, it is our responsibility to ensure the safety and well being of our employees at work. Not only does a safe work environment improve productivity (no lost time injuries) and add to profitability, it boosts employee morale knowing you care about their well-being!
Want to buy a boat? What are the benefits of buying a new boat, a used boat, and how to make sure you have the right insurance and taxes. Here are some top items to consider to make it a great experience.