SHIELD YOUR BUSINESS ASSETS FROM HARM
As a business owner, you never expect the worst. But you can plan for it. Umbrella insurance coverage can protect your business against catastrophic losses. An umbrella policy increases protection on your liability coverages where your business could get sued for staggering amounts due to injury or property damage.
WHY SHOULD YOU CONSIDER AN UMBRELLA INSURANCE POLICY?
Liability limits on your primary business insurance policy will likely not be enough if a catastrophic claim is leveled against your business. An umbrella policy from Society Insurance can give you the protection you need to shield your assets from harm. Umbrella liability limits start at $1 million. It is not unusual for businesses to have $5 million, $10 million or even $20 million limits.
Banks or landlords may require a business to carry an umbrella policy to protect their interests. Be aware of this in mortgage or lease agreements.
is your business protected?
Top 3 Reasons Your Business Needs an Umbrella Policy
As a business owner, you never expect the worst. But you can plan for it. Umbrella liability coverage can protect your business against catastrophic losses.
Using Contracts to Protect Your Business
As a business owner you can’t do everything yourself; this becomes more evident as your business grows and expands. To better manage your business, you may hire outside experts.
The Dangers of Hold Harmless and Indemnification Agreements
Hold harmless and indemnification agreements are becoming increasingly important in business contracts. They are elements or clauses within a contract or agreement…