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Benefits of Business Insurance

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(@Anonymous)
New Member

Here are some more of the benefits of business insurance to help you solidify your thoughts about it.

1. You will be protected from loss of income after an uneventful problem occurred that forced you to close the business.

2. Coverage includes loss of assets through burglary, robbery and dishonesty of employees.

3. You will also get protection from liability exposures like offenses that may come from wrong advertising, slander, libel, wrongful entry and many more.

In business, it is not enough that you work hard to earn more. You also have to be wise and get the company insured to make sure that the future will still be bright no matter what happens.

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Topic starter Posted : 22/09/2010 7:02 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

The benefit of the Business insurance is that you can get refund from the insurance company if you have this problem in the business:-
1.Crime coverage including robbery, burglary, even employee dishonesty
2.damage or destruction to your office equipment or inventory
3.damage or destruction to your business vehicles
4.loss of income in case you have to close-up shop temporarily because of a covered loss

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Posted : 01/10/2010 5:12 pm
(@Anonymous)
New Member

Re: Benefits of Business Insurance

Having spent over 40 years in the insurance business working with small businesses, I can offer several other forms of insurance that are important in addition to the traditional general topic of business insurance.

1. Life insurance. Make sure you have enough to pay back your start up loan at a bare minimum. Term insurance today is dirt cheap if you are in reasonable health.

2. Disability insurance. You have a much greater chance of becoming disabled for 90 days or more than you do of dying before age 65. You can usually insure up to 60% of your income, but that can be hard to prove for a start-up. Buy as much as you can. To lower the cost, look at a 90 day waiting period and a two year benefit period. Make sure the plan covers partial disability as that is much more likely than a total disability.

3. If you have a partner, or partners, have your attorney draw up a simple buy-sell agreement. Fund it with life insurance. If you don't cover this base, you could find yourself in business with your (deceased) partner's wife or his/her attorney.

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Posted : 06/10/2010 7:08 pm
(@Anonymous)
New Member

Re: Benefits of Business Insurance

Insurance for your business is expensive. What if there was a product out there that would provide significant benefits to your employees while saving your business money, Sounds too good to be true,Well a gap or disability policy plan can provide a significant safety net to your employees and provide tax savings to your business,Whether your business is high or low tech, consumer or service oriented, insurance can provide a wide range of benefits. Insurance can impact who works for you and why. It can protect business assets and revenue. And in many cases, there are laws and regulations that require insurance, so that companies can experience the best benefit of all staying open for business.

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Posted : 18/10/2010 11:52 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

There are so many benefits of the Business Insurance Like if your Business is going through the financial crises, if any mishap happens in the office premises like robbery, any natural accident like fire etc, to overcome these problems Business Insurance is must whatever be your Business.

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Posted : 25/10/2010 6:52 pm
(@Anonymous)
New Member

Re: Benefits of Business Insurance

It is true that to secure your Business and employee insurance should be there, In Business there are so many uncertainties of the profit and there are so many chances of loss and Business crises. so whatever be the Business Insurance should be the part of your Business.
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Business Insurance

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Posted : 26/10/2010 10:12 pm
(@Anonymous)
New Member

Re: Benefits of Business Insurance

i suggest the best option is to compare the different different Insurance Plans which are given by the different companies, You can simply go through the site of the Insurance company and check that, what are the plan available, and compare which is best and suitable for you.
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Healthcare Insurance Torrance CA

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Posted : 27/10/2010 10:39 pm
(@Anonymous)
New Member

Re: Benefits of Business Insurance

1. You will be protected from loss of income after an uneventful problem occurred that forced you to close the business.

2. Coverage includes loss of assets through burglary, robbery and dishonesty of employees.

3. You will also get protection from liability exposures like offenses that may come from wrong advertising, slander, libel, wrongful entry and many more.

In business, it is not enough that you work hard to earn more. You also have to be wise and get the company insured to make sure that the future will still be bright no matter what happens

ReplyQuote
Posted : 11/11/2010 7:56 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

Insurance for your business is expensive. What if there was a product out there that would provide significant benefits to your employees while saving your business money, Sounds too good to be true,Well a gap or disability policy plan can provide a significant safety net to your employees and provide tax savings to your business,Whether your business is high or low tech, consumer or service oriented, insurance can provide a wide range of benefits. Insurance can impact who works for you and why. It can protect business assets and revenue. And in many cases, there are laws and regulations that require insurance, so that companies can experience the best benefit of all staying open for business.
____________________________________________
Door Furniture
Door Handles

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Posted : 04/03/2011 6:37 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

It is quite necessary to have a insurance cover for your business and you should also have a personal insurance because now a days nobody is secure and protected without a insurance cover.

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Posted : 14/03/2011 9:53 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

If you want to safety in your business then the best way is take business insurance. Business insurance policy provides you the tax benefits and also insurance of your employees . Some company also give u loan for business.

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Posted : 16/04/2011 7:25 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

possess as much information as you could maybe is one of the options,however it is quite time consuming.

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Posted : 16/04/2011 8:11 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

Business insurance is meant to help protect many of the risks your business can face such as damage to business equipments, vehicles or other items.

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Posted : 20/04/2011 10:04 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

Employee loyalty
Your concern for your employees will instill company loyalty. They are more likely to be satisfied in their job and will take that benefit into consideration when faced with alternative career choices.
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Zoladex
Zoladex

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Posted : 28/04/2011 3:51 am
(@Anonymous)
New Member

Re: Benefits of Business Insurance

Insurance can impact who works for you and why. It can protect business assets and revenue. And in many cases, there are laws and regulations that require insurance, so that companies can experience the best benefit of all staying open for business.

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Posted : 05/05/2011 5:43 am
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