What kind of Business Insurance do I need? 1. Professional liability insurance. Professional liability insurance, also known as errors and omissions (E&O) insurance, covers a business against negligence claims due to harm that results from mistakes or failure to perform. There is no one-size-fits-all policy for professional liability insurance. Each industry has its own set of [...]
As an entrepreneur running a small business, you are in the best position to either mastermind its growth or downfall. Hence, being the boss, you have a series of decisions to make, including several high costs to handle. Considering the cost of office rent, employee payroll, and licenses to cover, many emerging entrepreneurs often overlook the [...]
An Overview of General Liability Insurance Over the years, contractors have to deal with demanding and highly risky projects. As a contractor, while you are offering your services on a customer’s property, a substantial liability insurance scheme must be in place to safeguard your assets as well as manage your liabilities. A general liability insurance should [...]
