Even if you are working out of your home, just starting up a business, it might be a good idea to consider some types of business insurance.

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Comments


Written by Sian Phillips
681 days ago

Thanks for explaining that Miranda. Insurance can be so expensive but when you need it that makes up for it.



Written by Sian Phillips
682 days ago

Hi Miranda

I'm intrigued if the US have an Income Protection type of insurance because when I looked it up for a post just published it said UK and Ireland only. Your timely post hasn't mentioned it so I'm wondering if the US does have this type of insurance. Thanks for sharing on Bizsugar.com

Sian



Written by MMarquit
681 days ago

You can get what is known as business interruption insurance, which can protect in the event that your business is unable to run properly, like if your place of business is destroyed by a natural disaster. This would help you retain cash flow while you rebuild. Another option is to get disability insurance, which would provide income if you become too sick or injured to work for a time. As always, though, it's important to double check the policy to make sure that you know what is covered.



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