Synergy Insurance Group Blog
Adequate business insurance is essential to the operation of an adequate business. Exceptional business insurance? That's reserved for exceptional businesses.
If you want to run an excellent company that consistently goes above and beyond by focusing on proactivity rather than reactivity, obtaining top-tier insurance for your unique business needs is absolutely key. In the event of a catastrophe large or small, great insurance can be the deciding factor of business failure of business success.
But here's the thing, insurance can be painfully complicated. If you don't work in the insurance field day in and day out, it can be nearly impossible to understand all the insurance and financial lingo, not to mention actually understand what you are signing. So, where do you start? Well, the good news is you can start right here. This quick little guide is the first step to understanding essential business insurance. Enlisting the help of SIG is the second.
Different Liability Insurance Options
Having liability insurance ensures a business can cover employee injuries to property damage. These are the three main types:
Professional Indemnity Insurance
If you are new to entrepreneurship, having Personal Indemnity Insurance can make all the difference. It's kind of like having a mentor and counselor all wrapped up in one insurance policy.
This can be a very profitable investment for your business that offers lectures, skills training, and business guidance in the case of a damaged reputation. It includes direction on how to improve from loss of sales and covers legal fees and claims.
Business Interruption Insurance
Business Interruption Insurance keeps your business ticking despite experiencing any interruption, including disaster or wreckage. It ensures your financial sector. It is solely exclusive for manual businesses.
Business Property Coverage
Disasters and destruction are inevitable in the business industry and can be really difficult if not impossible to recover from. Business Property Coverage can help ensure your business survives and even thrives through all unexpected circumstances. The main things this insurance covers? Computers, mechanical equipment and other machines - all very high-ticket, valuable components of any business.
Is there someone outstanding running your business that you just couldn't live without? Key-Person insurance protects your business if your VIPs can't work for a certain period of time. What a load off your shoulders if you knew your business wouldn't implode from the loss of a few key people.
We totally get it. Luckily, you are in the right place.
At Synergy Insurance Group, we provide comprehensive insurance policies that make your life easier. We do the heavy lifting. We translate all that complicated insurance lingo, we review your policies with a fine-toothed comb, and we make sure you know exactly what you are signing. And the kicker, enlisting the help of an Insurance Agency like SIG will almost always cost you LESS than getting insurance direct from an insurance company. A computer just can't tailor your insurance like a fellow human being can and you will never be just a number to us.
So let's do this. We are ready to get you the best possible insurance at the best possible price. And if we can't, no pressure. Ever. You can get more information about our products and services by calling our agency at (763) 797-9999, emailing us at email@example.com, or by CLICKING HERE to get your free quote.
We are licensed in Minnesota, Iowa, Michigan, North Dakota and Wisconsin.
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