Negotiates, manages and administrates business insurance needs.
Running a small business involves a significant investment. What do you do when you have a events such as a death of a partner, an injured employee, a lawsuit, or a natural disaster. You mitigate your risk by implementing best business practices, via business insurance protects your investment by minimizing financial risks associated with unexpected.
It is common best business practice to purchase enough insurance to cover your assets. If your business is an LLC or a corporation, your personal assets are protected from business liabilities; however, neither business structure is a substitute for liability insurance, which covers your business from losses.
Your state government determines insurance requirements for businesses. Most states require businesses with employees to pay for workers’ compensation insurance, unemployment insurance, and state disability insurance.
Your state may require insurance of specific business activities. For example, if you own a car or truck and use it for business purposes, you may be required to purchase commercial auto insurance. Finally, your financial lender or investors may require you to maintain life, business interruption, fire, flood or other types of insurance to protect their investments.
APLAZ will help you cover all potential risks at your business!
For more information on APLAZ Business Insurance Services, contact a payroll administration service specialist at (650) 557-3797 or click the contact button: