This is a type of insurance that comes into play when an employee is injured on the job or when performing official business duties . Usually, this insurance pays money to the injured party instead of you being sued for damages. In some jurisdictions, this type of insurance is required. Even if not required, it is usually considered a wise insurance purchase. A general insurance agent can be a valuable advisor to a small business.
Risk management is an on-going concern to a business owner.
Having a knowledgeable specialist available to answer questions and provide advice is a good idea. By shopping and comparing prices . Insurance costs are not uniform. As with most other things you can buy, it is possible to get a bargain and it is possible to get ripped off. Because the terms of insurance policies are not identical, it is important to see that you are comparing apples with apples .