Insurance

Insurance

Insuring assets can include many facets.  The most obvious is adequate insurance coverage in the event of fire, flood, theft, etc.  Many small businesses obtain personal property coverage but often not in the appropriate amounts.  Insurance that should not be overlooked include health insurance, disability insurance, life insurance, and workers compensation insurance.  In addition, there is coverage available for professional liability, errors and omissions, wrongful termination, sexual harassment, umbrella policies, etc.  Check with an insurance agent or broker to see what coverage additional coverage may be available.  Armed with the information, conscious decisions can be made regarding the cost versus benefit of each.

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Internal Control Features