The following blog posts have the category Business continuity
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As the leaves change and the year winds down, fall is an ideal time for business owners to pause and evaluate their insurance needs. A year-end review can help ensure your coverage still aligns with your business operations, protects against seasonal risks, and positions you well for the coming year.
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Whether you're just starting your business or have been running it for years, understanding the types of insurance your business may need is critical to managing risk. Two of the most common forms of business insurance are general liability and professional liability. While they may sound similar, they address different types of exposures and serve distinct purposes.
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Business Interruption Insurance (BII) is an often overlooked insurance coverage that protects against exposures to loss every bit is vital as fire or litigation.If your business is forced to close your risk is not limited to temporary loss of income, which can be devastating in and of itself.You also run the risk of losing customers who turn elsewhere for their product or service needs.You may have difficulty paying key suppliers during an income interruption causing further long term loss as those suppliers sever their business relationship with your company.
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Download Hurricane/Flood Disaster Supply Kit (Excel)(PDF)
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