Business Liability Insurance: Do you need it?

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djbaxter

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Beginner’s Guide to Business Liability Insurance
by Ivan Widjaya, Noobrepneur.com
Dec 14, 2019

When it comes to launching and running a business, entrepreneurs oftentimes find themselves overwhelmed with the massive number of things on their checklist. Setting up a business means ensuring that paperwork is filed, all regulations and laws are followed, and bookkeeping is done to ensure no tax problems.
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One very important aspect of launching and running a business is choosing the right insurance. Many entrepreneurs find it difficult to discern which insurance – if any – is actually needed, and there are indeed numerous considerations that are important.

For instance, industry is important when choosing the right kind of insurance. Additionally, whether or not the company offers products is something that needs to be taken into account.

In this article, our friends at Selective Insurance shares the basics of business liability insurance- what it is, why it’s important, and whether or not you really need to invest in it.
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