Insurance Marketplace, Inc Blog
Running a business has become even harder in this pandemic as lockdowns and social distancing protocols have been imposed. But the pandemic is not the only threat, and every business owner should plan ahead to secure their future.
General Liability Insurance
The first type of business insurance is general liability insurance that covers basic risks. It is the one most commonly offered as well as the one most patronized by clients.
Professional Liability Insurance
A specialized type of business insurance is the professional liability insurance that is tailored for those who work in high-stakes industries. This covers lawsuits that arise from miscalculations while on the job and are very much a necessity for professionals.
Worker’s Compensation Insurance
This insurance was birthed as a compromise for workers and their employers regarding accidents in the workplace. Hard laborers in particular such as factory and construction workers often get injured while doing the workload. Employers should have worker’s compensation insurance to pay for these medical bills and not have further lawsuits filed.
As the name implies, property insurance protects the business’ assets from any unwarranted damages that could potentially harm its run. It eases the load of financial responsibilities in case a disaster strikes the enterprise such as natural calamities.
Protecting one’s business is still necessary despite the pandemic due to a variety of threats that could close down companies. In a society already struggling economically, it is important to be a step ahead to stay in the game.
At Insurance Marketplace, Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (541) 779-017. Get your free quote today by CLICKING HERE.