Is Small Business Insurance Necessary?

Here is an excerpt from a new blog post at GreggMarcus.com:

As a small business owner there are a lot of things you are concerned with on a daily basis.  Without insurance, it is possible that you would have even more to worry about. Do not take that chance! It is necessary, even when owning a small business to possess business and liability insurance policy.  Beside from thinking of salaries, hiring employees, technological issues and attracting customers, business insurance should be on your list of responsibilities. In this post, Long Island Insurance Executive, Gregg S. Marcuswill explain why even owners of small businesses should hold policies similar to those of large, corporate business executives.

You should definitely consider a business insurance policy if as an owner, you have a decent number of employees.  If there are more than just a few individuals working for you, you should definitely not skimp on an insurance policy as there is obviously more likely going to be a problem with the more people you have working.  Depending upon your type of business, some employees may be working miles or even states away.

 

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

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Do I Need Business Insurance If I Work From Home?

Here is an excerpt from a new blog post at GreggMarcus.com:

If you are going to create your own business and plan on running it from the comfort of your home, it is vital that you acquire the correct business insurance policy.  There are also three distinct types of insurance related to a private business that you should be familiar with: public liability insurance, employer’s liability insurance, and professional indemnity insurance. In this post, Long Island Insurance Executive, Gregg S. Marcuswill explain the difference between these insurance policies and help to clarify which is best for your personal and business needs.

You may ask yourself what kind of business policy you will need for your home business. Regardless of what kind of company you are starting, you will need a specially designed insurance policy, it also does not matter that you are running your business from home; you will still need to be insured with the appropriate policy as you would if you had a private office.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.


Lower Your Business Insurance Rate

Here is an excerpt from a new blog post at GreggMarcus.com:

It can be said that small businesses are the backbone of the American economy.  The younger businesses are where individuals apply creativity, ingenuity, and apply the greatest amounts of innovation. Though, when a business fails it can be deeply saddening on many levels. The loss of jobs, income and investments all take place when a business goes under.  With several variables at large, it is difficult to pinpoint when and where a business may fail. It can at times involve a product or service that the public isn’t interested in or other various reasons.  In this post, Long Island Insurance Executive, Gregg S. Marcus explains why business insurance is so important for a company to possess.

In order to help business firms find redress in these dire situations, insurance companies have devised policies in order to protect them from any unlikely situation that may come their way.  These policies are brought into place and designed to provide indemnity to the company, should anything beyond their control.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.


FAQ: What is a Business Owner Policy and How Does it Work?

Here is an excerpt from a new blog post at GreggMarcus.com:

A Business Owner Policy (BOP) is an insurance package that assembles the basic insurance policies required by a small business owner in one simple bundle. Since it is a single policy, it is always cost-effective; costing less money than if you had purchased each individual policy separately. Gregg S. Marcus, is a Long Island Insurance Executive, answers the most commonly asked questions about a Business Owner Policy below:

Is a Business Owner Policy (BOP) right for my business?
Business owner policies are specifically designed for small to medium sized businesses such as retailers, wholesalers, service businesses and small offices. A BOP is not recommended for larger companies or for manufacturers who can face greater liability risks.

How does a BOP protect my business?
Business owner’s need to protect more than what an individual policy would cover. In order to protect your buildings, equipment and products, a BOP contains property coverage. It also protects your business from lawsuits with liability coverage. Since every business is different and carries different risks, a BOP can be customized to fit your needs.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.