At BIG, we want to help you reach incredible business success and protect it well. We are confident that setting the goals of a business are a key to your growth and success. This blog will provide some concrete, goal-setting steps that will propel your business into new levels of growth.
When you invest so much of your time, hard work, and effort into building a business, you ought to protect it as much as possible. A commercial broker might offer you a coverage called Product Recall Expense, but what is it? Do you need it? How would it help you in a claim? In this blog we will explain more about Product Recall Expense as a part of your business insurance policy.
At BIG, our goal is to make insurance terminology understandable for clients so they can be confident in the coverage they have. In this blog, we will explain what is a BOP (Business Owners Policy) as well as other insurance terminology including: What is a Certificate of Insurance? What is liability? What is a rider in insurance? What is a peril?
When you start your own business, you will likely spend much of your time researching other entrepreneurs who have achieved success to help guide you through the process. So from our own experience, we wanted to put together a list of 5 small business tips for the small business owner.
When you first purchased a small business insurance policy, you may not have known what you were looking for, but as time progresses and your policy renews, it’s crucial to review the coverages you have with a trusted broker. If you have outgrown your current coverage, your small business insurance policy may not cover a claim, which could cause significant financial setbacks or even put you out of business.
With the growing concern and threat of COVID-19 affecting your business, you may be wondering if your business insurance can help you in this time of uncertainty. Commercial insurance is very specialized to suit your needs as a business owner, so while we discuss general coverages in this blog, we encourage you to speak directly with your broker to see what your policy may or may not cover.