Running a business means exposure to many potential risks, so knowing what business insurance is and how it will help your business is essential.
When people talk about insurance, they are commonly referring to commercial general liability insurance, a policy that covers the medical and legal fees associated with standard liability third-party claims resulting from your professional activities.
Some business owners believe that owning one type of insurance covers their entire business – a bad idea.
What is Business Insurance in Canada?
Business Insurance is a policy package that protects Canadian business owners against common risks by ensuring the financial costs associated with a disaster, accident, or injury don’t shut down your business.