Commercial Insurance

  When was the last time you heard news about a major corporation suffering from a data breach?  Last week? Today? Big companies receive big media attention, but did you know that 71% of cyber attacks are on small businesses? In fact, according to Industry and Business, 95% of credit card breaches reported by Visa Inc.

  Nonprofit organizations operate differently than for-profit businesses; therefore, they have different risks and insurance needs.  While all organizations should have General Liability Insurance (often referred to as “slip and fall insurance”), the amounts and types of insurance needed beyond that depends on the work being done, services provided, or people involved.  

The premium for certain commercial insurance policies is based on the classification of business and on how much business is done (payroll, sales, etc.).  General liability, liquor liability, and workers compensation rates are initially estimated at the beginning of the policy term.  Once the policy term expires, or the policy is cancelled, the insurance company

Disability income insurance claims have increased dramatically over the last several years. It seems that there are also a large number of claim being denied. Insurance companies claims departments  have been told to “tighten-up.” Claims that would have once been routinely paid are now being denied due to industry trends, misunderstandings, lack of consumer knowledge,

A Key Person is someone whose skills, knowledge, and/or experience make them vital to the company’s continued success.

  As a successful business owner you do not like surprises – especially when it comes to money. That’s why it is important to plan for unexpected events that may affect your business. Have you thought about what would happen if one of your co-workers were to die unexpectedly? Where would you get the money