Beginner’s Guide to Key Person Insurance
Posted: April 4, 2021
Beginner’s Guide to Key Person InsuranceYou have devoted your time, creativity, energy, and finances to build a business. The last problem you need is the risk of losing it all if a key member of your team passes away. Key person insurance is a specific type of life insurance that protects a business in this situation. What is Key Person Insurance? Key person insurance pays out death benefits to a... Read Article
Every Business Needs Cyber Insurance to Insure Against Cyber Crime!
Posted: March 24, 2021
Every Business Needs Cyber Insurance to Insure Against Cyber Crime!Unless you block EVERY hacker a 100% at ALL times, you need CYBERSECURITY INSURANCE to mitigate your financial risks should you face cyber crime. Only 20% of small businesses even stop to consider their cyber posture and cyber insurance to manage and mitigate the ‘internet’ risks! No wonder hackers are prone to target small businesses. WHAT DOES CYBER INSURANCE COVER? Cyber insurance is like... Read Article
Professional Liability Insurance vs. General Liability Insurance
Posted: March 19, 2021
Professional Liability Insurance vs. General Liability InsuranceAll businesses, large and small, face the risk of liability. Professional liability insurance and general liability insurance both provide protection for your business. The main difference between these two types of insurance is the different risks they cover. What Is Professional Liability Insurance? Also known as errors and omissions (E&O) insurance, professional liability insurance is designed to protect you in case a client files a... Read Article
What is a DDoS Attack? How Denial-of-Service Attack is Covered with Cyber Insurance!
Posted: March 16, 2021
What is a DDoS attack? Hackers often use Distributed Denial of Service attacks to overflow computer systems with an abundance of data to the point that they are rendered inoperable by legitimate users. In many cases, DDoS attacks are deployed to interrupt the flow of business operations, with the intent of diverting attention away from hackers while they access sensitive information. This sensitive data can... Read Article
Avoiding Workers’ Comp Fraud
Posted: March 4, 2021
Avoiding Workers’ Comp FraudWorkers’ compensation fraud can be expensive for employers. One of the most common types of workers’ comp fraud is employee fraud. This involves workers who seek to receive benefits under false pretenses. How Do Employees Commit Workers’ Comp Fraud? Employees have been known to commit several types of fraud to obtain workers’ compensation, including: Off-the-job injury: An employee is injured on his own time, but... Read Article