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Professional liability insurance protects service businesses when customers or clients file lawsuits alleging that they made mistakes or gave bad advice. A contract that outlines what insurance covers is called a policy, and the person. Business insurance enhances the continuity of your company and is significant for the protection of your employees. An insurance company will pay for damages up to the policy's limits and also pay for legal costs. There are many well known insurance companies, such as aflac and state farm. While some may think having to pay for insurance every month is dollar bills down the drain, if an incident occurs and you don't have insurance, it can lead to major financial hurdles that may last for years to come. Jonan everett jonan everett call it covering your ass. If you have a car, home, or business, you probably need it. What is liability insurance, and how does it work? Insurance is one of the most important things you can take advantage of to protect yourself and y. Insurance protects people from the cost of unexpected events — or at least it protects them from having to pay for damages caused by those unexpected events. General liability insurance is a fundamental coverage to protects business assets and revenues as well as personal assets and income. Learn more about liability insurance and how it protects your business against claims or suits by people who allege injuries by negligence committed by your business.
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