Can anyone suggest, what kind of insurance does a business need?
At the very least, most tiny companies need General Liability and Property Insurance. If you have staff, you may also need Worker’s Compensation Insurance; most countries require it. Commercial Auto is essential if you or your staff are working for your company. Small business insurance enables to cover the expenses of liability and property damage claims. It can also substitute lost revenue if your company is momentarily unable to function due to a covered incident. Because small business insurance covers a range of distinct coverage, most small business insurance policies can be tailored to meet the distinctive requirements of your company.
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