This Steadfast partner article first published on Kochies Business Builders
The world of insurance can be complex – sure, it’s an important world because if you get it wrong the results can be devastating. But that doesn’t mean it has to be confusing.
If the sheer choice of policies available to you as a small business owner, and the jargon that comes with it, has left you carrying an insurance glossary with you everywhere you go, you need to speak to Steadfast. Our brokers don’t get extra points for big words or fancy policies, we just get a kick out of helping to protect you, your staff, and your business.
SO THERE ARE CERTAIN SITUATIONS IN WHICH A SMALL BUSINESS OWNER IS
REQUIRED BY LAW TO PURCHASE INSURANCE.
Remember, a Steadfast broker works for you, not the insurers. We’re here to take the time to understand the risks you and your business face, then set you up with the most appropriate policies for your individual needs.
Begin with the compulsory, then the highly recommended
So there are certain situations in which a small business owner is required by law to purchase insurance. There are also policies that come highly recommended, depending on your specific line of work. Here are the top candidates to consider.
Food for thought
In addition to the above, there are several types of insurance that work to protect your company’s physical assets and property, particularly in the face of fire, earthquakes, floods, malicious damage and more. If you’re seeking extra cover for your business’ electronic devices and data, there’s a certain type of property insurance that will sort that. Add to that list goods in transit insurance if you often ship products, or burglary insurance if your company’s premises aren’t regularly attended.
The list goes on and we know it can be tricky to determine what’s right for you – so let us do the legwork for you, leaving you to focus on running your business. Your Steadfast broker will do the research, manage the administration when you need to claim, and make sure you’re only covered for what makes sense for you and your business, both now and in the future.