We live in an entrepreneurial age, and if you own a business, you most certainly have thought about trying new operations or endeavors, but have you brought insurance into your plans?
Your current commercial package insurance policy reflects the risks you had when you procured it, so you should not assume that protection exists for a new operation. The good news is your commercial insurance policy can be modified to accommodate new operations, which is often necessary. Additions may include new locations, equipment, employees or activities.
Don’t let a failure to procure the right insurance expose your new endeavor to failure. Make coverage a priority consideration in your business expansion strategy, and get the right protection from the earliest stage onward.
