What are Surety Bonds, and Do You Need Them?
Posted: October 28, 2014
What Are Surety Bonds, and Do You Need Them? We often see the phrase "bonded and insured", but what exactly does it mean? This refers to the process of bonding through surety bonds. Although they are a form of commercial insurance at their core, surety bonds work slightly differently: Generally speaking, they play a different role and fulfil a different objective than other insurance policies...
The Art and Science of Being a Great Salesman, and Professional Liability Information
Posted: September 8, 2014
INSURANCE Common FAQs About Commercial Insurance Running your own business can be challenging, and you likely have many questions about all aspects of it, including commercial insurance. Here are some common FAQs about commercial insurance: What is professional liability insurance? This coverage provides liability protection for claims made against your services or products, such as failing to perform work or causing losses as a...
How to Survive a Business Interruption, and Reputation Insurance Info
Posted: June 23, 2014
Soon Reputation Insurance May Be Available to SMBs In 2012, Goldman Sachs employee Greg Smith quit his job. Instead of bemoaning his fate in private, Smith wrote a New York Times op-ed piece saying that Goldman's environment was "toxic" and that the company "sidelined" clients' interests. There's no telling how many people read that piece in print and online, then shared it via social media....
Rethinking the What, Where and When of Work, and Commercial Auto Insurance
Posted: February 2, 2014
When do You Need Commercial Auto Insurance? Commercial auto insurance or personal auto insurance? That is the question. How do you know which you need, and what defines a commercial vehicle? Auto insurance carriers have specific guidelines that distinguish personal vehicles from commercial vehicles, but these lines blur when it comes to issues such as telecommuting. If you're driving your vehicle to and from work,...
Latest Tech Tools Help Boost Your Business Productivity, and Contractual Insurance Info
Posted: September 5, 2013
Key Person Insurance Helps Protect Your Business In small businesses, the death or disability of a key employee is difficult to overcome. His or her share in the business normally transfers to heirs. This can cause problems for businesses that may not want a new partner or cannot afford to buy out heirs. To avoid this problem, many business owners enter into a buy-sell agreement....
