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Gen Bus Aug 2014 - "What Kind of Liability Insurance Does Your Business Need?"

Gen Bus Aug 2014 - "What Kind of Liability Insurance Does Your Business Need?"

Gen Bus Aug 2014 - "What Kind of Liability Insurance Does Your Business Need?"

Excerpt


What Kind of Liability Insurance Does Your Business Need?


In business, every day is a risk. Whether it’s an employee operating a dangerous piece of equipment, a customer visiting a store or office, or performing services for a client, damages can happen. Every one of these scenarios has the potential to cause serious physical or financial damage that can reach six or seven figures, or more. Understanding some of the types of insurance and the exposures they cover is essential to giving you piece of mind while conducting business. In fact, nearly 9 out of 10 patent infringement lawsuits, for example, were against businesses that make less than $12 million per year.


 


 




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