Yes, if your business handles sensitive client data or conducts online transactions, cyber liability insurance is crucial to protect against data breaches and cyberattacks.
Related FAQs
While not required for sole proprietors, workers' compensation insurance is beneficial as it covers work-related injuries that health insurance might deny, offering financial protection for medical expenses and lost [...]
A BOP combines general liability insurance and commercial property insurance, providing comprehensive coverage for common business risks such as property damage and third-party injuries.
Implementing risk management practices, maintaining a clean claims history, and bundling multiple policies can help lower your insurance costs.
