“Oh No! Am I covered?”
There are a number of reasons to make sure you have the right insurance protection.
Are you covered if…
- A number of children have severe allergic reactions after eating cookies you manufacture. You forgot to list whey in the ingredients.
- While driving a client from the airport to a meeting, one of your employees hits a guardrail. Both your employee and the client are hurt.
- Your business is damaged in a fire, and the damage keeps you from operating for three months. Between lost profits and continuing business expenses you lose $150,000.
- One of your senior executives has a heart attack after you tell news about his transfer into a new position.
- Large donors to your organization sue the board of directors for mishandling their donations.
- One of your employees leaves a clothing steamer on and it burns down the building where you lease space.
- Your employees have been complaining about feeling unsafe because your parking lot lights have been burned out. The lights have been out for a number of months. One night, an employee is robbed and severely beaten on the way to his car.
- Shortly after the resignation of your accountant, you discover that she has been writing company checks to herself and family members for the past fifteen years.
- A delivery person slips on your icy driveway while delivering office supplies to you for your home office.
- An entire shipment of evening dresses you have designed and manufactured is destroyed by a warehouse flood.
- After months of negotiations, you finally sign a contract for the shipment of $10,000 of parts. Your building burns down and have to stop operating for a few months. Your distributor has already put in a lot of time and money toward getting your order out to you, so ends up sueing you for breach of contract.
- You fire an employee who was constantly late for work. He turns around and sues you for wrongful termination.
- Your organization throws a wine tasting fundraiser using employees and volunteers as bartenders. The wine is free and the guests are encouraged to drink as much as they like, even though they become clearly inebriated. On the way home from the event, one of the guests gets into a car accident and injures a family.
(877) 783 – 0335
© 2008, Mark S. Balcos. The reader assumes all responsibilities for his/her own actions in regards to any items discussed in this report. Adherence to all applicable laws and regulations, federal, state and local, governing the use of any product or service described in this report in the US or any other jurisdiction is the sole responsibility of the reader. The publisher and author assume no responsibility or liability whatsoever on the behalf of the reader of these materials. The reader is encouraged to consult directly with his/her insurance professional.
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