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INSURANCE: Making Sure Your Insurance Fits

Published Tuesday, August 01, 2000

When you get married, have a child or buy a home, you usually re-evaluate your insurance. However, in business, events like winning a bid, hiring new employees, or signing a contract can trigger an insurance review. When a company grows, it changes, and it's a challenge to ensure that an insurance program changes with it. Few businesses need or have the money to buy insurance for everything. Nevertheless, a few situations may warrant a re-evaluation: * Hiring extra help. A business can be held liable for outside contractors. When you need to hire extra help, even temporarily, it's ...

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