Can Your Business Function Without the Owner?
Posted: May 16, 2016
Can Your Business Function Without the Owner?Many business owners eventually realize that sometime sooner or later they will have to move on. However, some businesses revolve around the owner's direct participation and without the boss there, the business may not be unable to function. Businesses that are established by owners with this level of involvement are at risk, but something can be done about it. At some point during the lifecycle of...
How to Survive a Business Interruption
Posted: May 2, 2016
How to Survive a Business InterruptionWhile all business owners want their enterprises to be both productive and profitable, you may not have considered the costs associated with a business interruption. Your business interruption coverage can be added to your property insurance and this form of insurance is critical in keeping your business fully protected. It is impossible to predict every eventuality, particularly the damage incurred when a heavy storm or other disaster...
Why Every Contractor Needs Insurance Protection
Posted: April 15, 2016
Why Every Contractor Needs Insurance ProtectionContractors face many challenges even when a project is moving ahead as planned. General contractors have contractual obligations and the threat of a financial loss if a construction defect claim is filed. In order to guard against losses associated with injuries or other damages, contractors need the protection provided by a product liability insurance policy. We live in a litigious world, and there are law...
Cargo Theft: A Very Real Threat to Your Business
Posted: April 4, 2016
Cargo Theft: A Very Real Threat to Your BusinessRecent years have shown cargo theft cases reaching an all-time high, with an average of 79.25 cargo thefts occurring every month in the U.S.A., or about 2.6 each day. Thefts of pharmaceuticals rose 50%, and food or drink loads rose 34% in 2013, as reported by FreightWatch. The increasing rate of cargo theft has led the National Insurance Crime Bureau to establish information sharing procedures....
Protecting Your People: How to Properly Insure Your Employees
Posted: March 15, 2016
Protecting Your People: How to Properly Insure Your EmployeesAre the employees of your business properly insured? Unforeseen circumstances, such as dangerous weather systems, earthquakes, fires, nasty accidents or the death or incapacitation of a key person can be extremely costly. As a business grows and changes, adds more staff, or expands facilities, insurance needs will change. Every year, business owners should get a full review of their current business insurances and employee insurances. Key personnel...