Other Business Insurance
Additional types of business insurance to consider
The list above includes just the basic types of business insurance you will need quotes for. In addition, if you are in the type of business that owns tangible assets like automobiles, trucks, boats, buildings, tools, or any other type of equipment, you will need to ensure that it is adequately covered against loss as well. The friendly and experienced agents at Compare Insurance Quality can help you get multiple quotes and choose the right business insurance policy for your particular business that will ensure you are protected in the event of any type of loss.
Business Life Insurance
If you own a business, you are the most important element in it, making it essential that you carry a life insurance policy on yourself, whether or not you have a family to care for. This type of insurance is also referred to as key man insurance but it is really the same as Term Life insurance for your business. If you have any kind of partner or associate working with you, you should both carry life insurance. The company pays the premiums and is the beneficiary of the policy. If you die unexpectedly, the company receives the insurance payoff. This protects your company, assuring that it will continue on in the event of your death. Compare Insurance Quality can help you determine the amount that is right for you.
Since you are the most important element of your small business, it is essential that you carry a life insurance policy on yourself. The company pays the premiums and is the beneficiary of the policy. If you die unexpectedly, the company receives the insurance payoff. This protects your company and/or your family from potential financial losses due to your death. The cost of your life insurance policy will depend on the amount of coverage you determine you need to protect your small business and your loved ones. Compare Insurance Quality can help you determine the amount that is right for you.
Errors and Omissions Insurance
If you provide a professional service, or regularly give advice to clients, having errors and omissions insurance coverage is an integral part of protecting your business. You can be sued for negligence or failure to perform your professional services, even if you have not made a mistake.
For all your insurance needs, contact the independent insurance broker/agents at Compare Insurance Quality services. From simple enquiries, to quotes, the binding of policies, and the maintenance of your insurance portfolio for years to come, you can depend on Compare Insurance Quality to secure the best possible protection for you and your family against any type of small or disastrous loss. Simply fill out the form attached here, or give us a call today at the number listed above to get started!