May 4, 2017
As a small business owner, you have a lot on your plate — everything from accounting, marketing, and sales to product development, inventory, and hiring. With all of this to manage day to day, details like liability insurance could slip through the cracks, leaving your business financially vulnerable. The hard truth is that nearly anyone your business interacts with — vendors, clients, or visitors — can make claims against you. These claims could cripple your operation if you don’t have the right insurance protection. What General Liability Insurance Covers General liability (GL) coverage can be offered as a stand-alone policy or as part of a business owner’s policy. The policy safeguards your business’s finances and reputation should a customer or other third party take legal action against you or your employees. Types of claims covered by a GL policy: Bodily injury: A third party is injured at your place of business or as a result of work performed away from […]