2. What are the different types of small business insurance?
There are many different types of small business insurance policies. If you are a business owner, it is important to know what type of insurance your company needs. There are a variety of plans out there and it can be difficult to figure out which one is best for your business. The following are some of the most common types of small business insurance policies and their purposes: -General Liability Insurance: This type of insurance is meant to protect the business owner and employees from any legal action that may arise from the business. -Workers’ Compensation Insurance: This type of insurance is meant to protect employees from any work-related injury. -Professional Liability Insurance: This type of insurance is meant to protect professionals from any legal action that may arise from the business. -Cyber Liability Insurance: This type of insurance is meant to protect small business owners and their customers from any legal action that may arise from the business. -Disability Insurance: This type of insurance is meant to protect small business owners from any legal action that may arise from the small business owner’s inability to work. -Commercial Auto Insurance: This type of insurance is meant to protect small business owners
