Tag: BOP

SBA requires a business hazard insurance policy for an EIDL loan

G. Turner
business hazard insurance required by SBA

Small businesses receiving Economic Injury Disaster Loans will require the coverage. The Small Business Administration (SBA) is requesting that applicants for Economic Injury Disaster Loans (EIDLs) provide proof of hazard insurance, which is a type of business owners policy insurance. Business owners are advised to inform themselves about how much insurance they need for an SBA loan. The SBA is requesting hazard insurance from applicants applying for EIDLs. Therefore, small businesses will find it worth their while to learn about this type of coverage, how to get it, and how…

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App developer business insurance steps beyond general coverage

G. Turner
App Developer Business Insurance - Computer IT

IT application developers are at risk of several forms of liability and should be properly covered. Whether you are a one person operation or you have grown to employ several teams, app developer business insurance has various vital layers of coverage for your company. Your operations expose you to a number of liabilities that could be financially catastrophic. By purchasing the right app developer business insurance, you make certain that if the unexpected happens, it won’t place your company at risk of ending. As you grow, it is important to…

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Business insurance tips for small company startups

Nordstrom
Business Insurance

Affordable business insurance can provide significant financial protection for startups. When starting a small company, it is important to look into the types of business insurance that will be required to help you to mitigate risk and protect the financial future of your organization, no matter its size. There are certain types that will be very useful for making sure that you will be covered against a number of different potential circumstances, though there are also forms of coverage that you may not require. As you consider the various forms…

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