As a business owner, your top priorities are protecting your
employees and the future of your company.
You are already aware that your company requires a commercial insurance
policy, but do you know exactly what types of coverage your business needs?
At Hunter Insurance, our agents have the knowledge to design
a plan that is customized to your business. As a small business ourselves, we
know how to address the issues and concerns of similar companies.
Before you call us to develop a commercial policy, it’s
important to learn about the types of coverage available:
- Key-employee life insurance: If an employee that is essential to your business were to pass away unexpectedly, business-owners can take out a key-employee life insurance policy that will cover the costs incurred from their loss.
- Liability insurance: This type of coverage provides your business with the financial protection it needs in the event of a lawsuit.
- Property insurance: The purpose of property insurance for a small business is to provide critical financial assistance in the event of a loss, so that you may continue to operate with as little disruption as possible.
- Risk management insurance: Risk management provides for various levels of protection for your business, including those that are external and difficult to control. This type of policy will safeguard your business in the event of an accident or injury.
- Workers’ compensation insurance: Workers’ compensation insurance assures that injured workers receive medical care and compensation while they are unable to return to work. Additionally, this coverage may protect your business in the event that an employee files a lawsuit if injured while working.
Information for this article provided by: Taxation Use of Business Insurance, General Liability Insurance, and III.org.
