Prevot & Associates

Directors and Officers Liability Insurance

Directors and Officers Liability Insurance What is Directors and Officers Liability Insurance? Directors and Officers Liability Insurance in California also known as D&O insurance is liability insurance that provides executives of the company several protections that aren’t provided by other insurance policies. It protects the executive individuals against lawsuits filed by their employees, shareholders, or investors when their company is unable to insure them. The right insurance strategy will give coverage paying little heed to who is suing the directors and officers. Get A Fast FREE Insurance Quote Why is Directors and Officers Insurance Important? Directors and Officers Insurance protects …

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Directors and Officers Liability Insurance

Business General Liability Insurance to Protect Your Company

Business General Liability Insurance to Protect Your Company What purpose does business liability insurance serve to companies? You may think why would a business need liability insurance? A business needs liability insurance so that in case of some legal issues, lawsuits, or damages to the business, the business will not need to pay for the expenses itself instead the insurance policy will cover any financial costs incurred. For example, if a customer gets hurt on a business property he might file a lawsuit against the business, liability insurance policy helps in covering those claims. The insurance policies secure the financial …

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Business Liability Insurance

Professional Liability Insurance | Errors and Omissions

Office and Professional Liablity Insurance Is running a business without insurance illegal? When owners open a new business, they are usually confused over whether is it illegal for them to run a business without insurance? Is it mandatory to purchase an insurance policy to run a business? The answer to these questions is it depends on the state they’re operating their business in. Most of the states demand businesses with workers and employees to purchase workers’ compensation insurance. Some of the time different insurance policies are also required. However, in California, all employees are required to have Workers’ Compensation insurance …

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Insurance for Attorneys Errors and Omissions

Insurance for Startup Companies

Insurance for Startup Companies Does my startup business need insurance? You must’ve heard about businesses having insurance, but the question arises do startup businesses need insurance? The answer would be yes. For most businesses, even the emerging ones which are just starting, business insurance ought to be deemed as essential for the survival of the business as any other basic needs of the company. A few sorts of insurance policies are legally necessary. Other types of coverage might be demanded by your business partners and financial backers/investors. However, business insurance is truly about ensuring your workers and your interest in …

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Startup Business Insurance
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