What is Key Person Life Insurance?
Key Person Life Insurance is a life insurance policy purchased by a company on the life of the business owner, top executive, partner, or any one else who is critical to the success of the business. If you are a…
Category Business Insurance
Are you sacrificing your business’s protection to save a few bucks?
This post was written by Commercial Protection Advisor, Blaise Perrone Did you hear about the North Carolina sawmill that overpaid its workers’ comp premiums by a staggering $400,000?! That’s right, a massive mistake! While you’re probably not making an error…
What is a coinsurance clause?
A coinsurance clause is a provision commonly found in both personal and commercial insurance policies that determines the share of expenses that you, as the policyholder, is responsible for in the event of a claim. This clause requires the policyholder…
What is Directors and Officers Liability Insurance?
If you own a business, we’d like you to consider Directors and Officers Liability Insurance. But what is it? Directors and officers (D&O) liability insurance protects the personal assets of corporate directors and officers, in the event they are personally sued…
A non-profit’s guide to insurance
When it comes to protecting the valuable work of a non-profit organization, having the right insurance coverage is crucial. Non-profits face a unique set of risks, and having the appropriate types of insurance can provide peace of mind and financial…
Top Tips for Warehouse Safety
We’ve rounded up some of our best tips for warehouse safety. If your business includes a warehouse, you already know there are many opportunities for accidents to happen. It is crucial to provide employees with important tips to ensure a…
Discrimination Lawsuits Might Be the Biggest Threat to Your Business
Discrimination lawsuits might be the biggest threat to your business. Have you seen this? A Dollar General Store was sued for disability discrimination by the Equal Employment Opportunity Commission. 👇 The store was ordered to pay $47,500 (+ compensatory damages)…
Employment Practices Liability Insurance – Are You Covered Correctly?
In today’s society it is very important to have insurance for claims that arise out of human resource issues – that’s where employment practices liability insurance comes in. Check this out: The average cost of a discrimination claim is $125,000,…
Why Your Business Needs Cyber Insurance
Does your business need cyber coverage? Take this quick quiz to find out if you do: If you answered “Yes,” you NEED cyber coverage. Think about it…any business that uses technology has exposure to loss. And here’s the kicker: Traditional…
How to Fail at Starting a Business
Business Insurance is important and all, but you don’t need to worry about that yet. Wait. This isn’t about business insurance? Nope. Not really. One of my favorite things about what I do is the chance to talk to many…