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Tag: Cyber Liability Insurance

Do I Need Business Insurance for My Side Gig?

A side gig is a great way to earn extra cash. It is an opportunity to branch out on your own, and it could even grow into a full-time business that allows you to “quit your day job.” One thing to keep in mind while running a side hustle is the importance of protecting your business and yourself in case something goes wrong. To be...

Commonly Overlooked Types of Business Insurance

You already have business insurance, but have you overlooked a situation that could put your business at risk? We offer a list of the most overlooked types of business insurance, as well as a brief explanation of each type. Employment Practices Liability Insurance (EPLI): This insurance protects against claims filed against your business by an employee, such as wrongful termination, harassment, discrimination, and others. When...

Do I Really Need Cyber Liability Insurance?

Cybercrime has become a common occurrence. A data breach can have a tremendous impact on the health and finances of a business. If your company’s data was stolen in a cyber incursion, it can damage its reputation, expose it to liability, and interrupt business operations. Cyber liability insurance allows you to transfer some of that risk to an insurance company.  What Are the Cyber Risks...

What Business Insurance Do I Need for Remote Employees?

Far more people are working from home now than ever before. In fact, working remotely has become the new normal as of 2020. This arrangement has many benefits for both employers and workers. But it is important for companies that now have remote employees to update their business insurance policies. Why Is It Critical to Update Your Business Insurance for Remote Employees? Employees who work...

Essential Insurance Coverage For Online Businesses

Insurance is low on the list of priorities for many online businesses – and this could be a mistake. The truth is, online businesses face unique threats that could lead to loss of income, or the loss of the business itself. If you own an online business, purchasing an insurance policy to provide protection against common risks just makes good business sense. What Threats Do...