Insurance

This is the last in a series covering the insurance requirements for small businesses. We have covered general liability policies, insurance requirements when hiring employees, and planning for key personnel turnover. The point here is to highlight some forms of less common insurance policies that may be a valuable asset…

The people are the heart of any business. However, while businesses can live on in perpetuity, people move on to different opportunities, retire, or pass away. Insurance can help alleviate the impact these changes have on a business. The two most common forms of insurance are Key Person Insurance and…

Businesses with employees must take into consideration several insurance options. Businesses must meet certain state requirements, including carrying workers compensation insurance and paying unemployment insurance tax. Businesses can also leverage certain insurance as an employee benefit—most typically health insurance and disability insurance. There are also insurance policies that protect against…

It is easy to get overwhelmed when starting up your own business. There are so many details—requirements to file with the state, bank accounts to set up, and real work to do. It is also easy to consider certain costs luxuries. However, insurance is one item small businesses cannot afford…