Protect Your Business With Intention

Middle Class Millionaires:
Personal and Business Finance

As a business owner, you have enough on your mind without having to worry about your insurance needs. You want to have confidence that the business you have built is covered by a company that understands your business insurance needs. For that reason, we want to introduce insurance guru Judy Fobes. She owns Peninsula Excess Insurance Brokers Inc., a company that provides commercial business insurance.

Fobes shared with us that commercial business insurance products can provide wide-ranging protection for businesses and their subsidiaries under a single policy. There are various types of commercial business insurance that take care of property, liability, workers’ compensation and liability due to a cyber break-in, to name a few.

Specifically:

Property insurance covers damages to business property and products stored within the premises
Liability insurance provides coverage for damages to third parties
Workers’ compensation insurance covers injuries to employees
Cyber liability insurance covers damages to customers resulting from a cyber-security breach

If you are a business owner interested in protecting your business with intention, the purchase of commercial business insurance Is an investment in your business. Fobes video offers practical Do’s and Don’ts when it comes to insurance protection for your business.