What You Didn’t Know Commercial Insurance Can Cover

What You Didn’t Know Commercial Insurance Can CoverAdditional Business Insurance Coverage 

When it comes to safeguarding your company, you want to ensure you have the right commercial insurance. While you may have liability and property insurance in place, you may need to consider additional protection. Take a look at what else commercial insurance can cover.

Cyber Liability

We live in a digital world where every business needs to be active online. However, with the increased use of technology also come risks. Cybercriminals find new ways to hack into businesses, accessing their private information and posting malicious content online. If a cyber breach does happen, your business can fall back on cyber liability insurance to cover the costs of repair and recovery. Check out these cyber security tips for your business.

Key Person

If you operate a small business, you will know that every employee plays a vital role. If you have one or two people in particular who go above and beyond to support the business, you may consider taking out key person insurance. In the event that this person passes away, this insurance will give you coverage so that your business can stay afloat.

Product Recalls

As a manufacturer, experiencing a recall may be one of your worst nightmares. A lot of time, effort, money, and recovery of reputation goes into a recall. Luckily, product liability insurance is there when you do need to recall products and destroy defective ones.

Do you need additional coverage to protect your company? To find quality insurance for all of your business needs, contact the professionals at Chambers & Company Insurance Brokers.

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