Having adequate amounts of the right types of insurance is an essential element of asset protection. There are insurance products that offer coverage for an enormous range of business circumstances. Here are just a few of the more commonly needed types of business-related insurance:
- Disability caused by accident or sickness
- Breakdown of electronic equipment and machinery
- Employee theft
- Burglary and armed hold-up
- Damage to premises and contents
- Tax investigation
- Landlord’s insurance
- Public and product liability
- Professional indemnity.
Part of the asset protection process is identifying the risks that are unique to your business and the types of insurance available to protect you against those risks.
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