Ensure your insurance has you covered
Your business likely looks a lot different than it did at the start of the year. Does your insurance? Your coverage may need to adjust to the current environment – and you may be able to negotiate more beneficial terms and payment options. QSR Magazine suggests contacting your advisor to discuss the possibility of a pay-as-you-go option and to ensure your worker’s compensation coverage has kept pace with changes to the number of people you have on staff. Finally, if you’re approaching renewal time, look for a business owners policy that bundles your liability and property insurance at a cost savings.
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