Why a Business Owner Needs Key Person Insurance
Why a Business Owner Needs Key Person Insurance Many businesses rely heavily on one or two key people to keep the business and its operations
The risk factors associated with real estate development are complex. From purchasing land to selling units, there are a variety of situations that could expose your company. While you are trying to keep your project on track, it can be easy to overlook the coverages that your company needs.
The types of risk your business is exposed to will determine what types of policies you should consider. If your real estate development company has employees, most state laws will require you to carry workers’ compensation insurance. Talk with your local agent about what other policies your business should consider.
A critical step to protecting your real estate development company is reviewing your insurance coverage. You don’t want to find out after an event that you did not have the coverage you thought you had. Regularly reviewing your coverage with a local agent is one way to measure whether or not your policies meet your needs.
Why a Business Owner Needs Key Person Insurance Many businesses rely heavily on one or two key people to keep the business and its operations
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