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Category: Business Insurance

The Importance of Workers' Compensation

The Importance of Workers' Compensation

At Lowdermilk & Associates, we know how important workers' compensation insurance is for your business. It can be one of the largest expenses your business pays, and there are various insurance markets for your specific industry. You need an agency that will do the legwork to find the policy that will be most affordable and best suit your enterprise. We proudly serve business owners and...

Prevent Cyber Crime from Happening to Your Business

Prevent Cyber Crime from Happening to Your Business

As a business person, you are naturally concerned with making your business immune to cybercrime exposure, and with good reason. According to an article on CNBC, cybercrime cost the global economy $450 billion in 2016. Prevention is your best line of defense against cyber criminals. You will want an IT security expert to assess your company’s current vulnerabilities and needs. In addition, there are certain...

The Importance of Key Person Insurance for Your Startup

The Importance of Key Person Insurance for Your Startup

If you are the founder of a startup, chances are that you and your co-founders live and breathe the business, and without you, the enterprise would not exist. That is why key person insurance is essential for your startup. What Is Key Person Insurance? Think of it as life insurance for your company. While a regular life insurance policy is designed to compensate the spouse...

5 Ways Key Person Insurance Can Save Your Business

5 Ways Key Person Insurance Can Save Your Business

For small businesses that rely on two or three core members to operate, the death of one person could easily mean the demise of the company. Key person insurance is a life insurance policy paid for by the company, for which the company itself is the beneficiary, and can be a deciding factor in determining whether or a business can survive the death of a...

General Liability Insurance and Why Your Business Needs It

General Liability Insurance and Why Your Business Needs It

As a business owner, you take every step you can to ensure the safety of your clients and the quality of the products and services you provide. We can’t know every type of incident that can occur in the course of doing business, and general liability insurance provides vital protection for when it does. Not only will this coverage protect your financial health when something...