Business Insurance

Why are electricians sole traders? Sole Trader. Many people opt for this structure when establishing their businesses. As an electrician, you will need to weigh the potential monetary benefits against the increased personal liability. A sole trader structure is the simpler structure, as you and the business are one. Read more on legalvision.com.au Installing, maintaining, … Read more

Do you need business insurance to sell on Amazon? Amazon requires sellers to have $1M in coverage. You must have Commercial General Liability (CGL), Umbrella and/or Excess Liability Insurance coverage with limits of not less than: $1,000,000 per occurrence, $1,000,000 in the aggregate for products and completed operations, and $1,000,000 in the general aggregate. Read … Read more

What is insurance for a business? Business insurance coverage protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks. Read more on www.investopedia.com Business insurance is a form of risk management … Read more

Why should I have professional liability insurance? A professional liability insurance policy helps with common claims like negligence, misrepresentation and inaccurate advice. It will also help cover violations of good faith and fair dealing. If a client sues you, this policy may help pay your legal expenses. Read more on www.thehartford.com It’s crucial to defend … Read more

What are the 4 types of business insurance? Types of Business Insurance General liability insurance. Commercial property insurance. Business income insurance. Read more on www.thehartford.com As a business owner, it is crucial to safeguard your organization against unforeseen events that can jeopardize your enterprise. Here comes the role of business insurance. Business insurance shields your … Read more