Professional Liability Insurance—12 Examples of What It Covers and What It Doesn’t
Liability refers to the legal responsibility that a person or business has for another party. Professional liability insurance (PLI), also called errors and omissions insurance (E&O insurance), is a type of coverage that businesses can purchase to financially protect themselves from risks caused by the professional services they provide. But before you opt for professional […]
Everything You Need to Know About Workers’ Compensation for Your Business
Workers’ compensation insurance, also known as workers’ comp or workman’s compensation, is a type of insurance that employers buy to cover employees who get injured or become ill on the job. In exchange, the employer becomes largely immune from legal liability for sick or injured employees. Most employers are required by law to offer workers’ […]
Insurance Agency vs. Insurance Company: The Pros & Cons
Amidst the backdrop of a pandemic and a global economic downturn, the insurance industry has been rocked by a digitized customer experience, product innovation, and new players jockeying with time-tested organizations. For people looking to purchase insurance, therefore, the process isn’t as simple or straightforward as it once was. There are more carriers to choose […]
Everything You Need to Know About Business Insurance
If you’ve established a startup, one of the main things everyone advises you is to get business insurance coverage. If your company faces a loss, a quality business insurance policy will be there to back you up financially. The tricky part about getting business insurance is that you may encounter endless types of policies, including […]
The Ultimate Guide to Choosing the Best Insurance Agency
Having the right insurance plan for your business, health, car, or home is important since it offers protection in case of an unforeseen event. However, with the many insurance companies and agencies that are out there, how can you be sure to choose the best one for you? If you run a quick search for […]
Cyber Liability Insurance: What Every Small Business Needs to Know
Businesses are increasingly at risk of cyberattacks, but many don’t have the necessary insurance to protect themselves. Cyber liability insurance can help businesses protect themselves from cyberattacks and recover from a data breach. A data breach can be incredibly costly for a business, both in terms of money and reputation. The average cost of a […]
