Small business Insurance by Joe Cooper

small business car insurance

Small business Insurance

When applying for a small business loan private lenders could require that a Key-person Insurance policy is in place making the lender the beneficiary until the loan is repaid. This insurance requirement acts as an extra security blanket for the working capital provided.

While business property and liability insurance is necessary, you're not legally obligated to have them, however employers must provide state-mandated coverage's for injuries and illnesses that are job-related through workers compensation insurance.

Property insurance can be purchased on the basis of the property's actual value (the replacement cost minus depreciation), its replacement value (the cost of replacing an item without deducting for depreciation), or on an agreed-upon amount (commonly used for art objects and other unique items).

Optional coverage can insure... http://life-insurance.ucoz.com/news/small_business_car_insurance/2013-05-25-2541