Yes, if you store customer information, cyber insurance is crucial. It covers financial losses from data breaches and helps with recovery costs, such as customer notification and fraud monitoring.
Related FAQs
Immediately seek medical attention for the pet and notify your insurance provider. General liability or animal bailee coverage can help cover the costs associated with the injury. [...]
Implement risk management practices, such as employee training, installing security systems, and maintaining a good claims history. Bundling policies and paying annually can also reduce costs. [...]
While not required for sole proprietors, workers' compensation is beneficial as it covers work-related medical bills that health insurance might not cover.
