QUESTION: What kind of insurance should I get for my business?
TOPIC: Insurance
ANSWER
If you are running a business from home, your home/tenant insurance may not cover the portion or percentage of your residence which you use for business. Consult your insurance agent or broker. There are several types of insurance for business. Loss of physical assets, liability to third party, business interruption and loss or sickness of key people are all situations against which you may want to insure yourself. You should enquire with different insurance companies or speak with an insurance broker about your particular needs. Also many trade and networking associations offer group insurance plans to their membership. Contact information for such associations is available in the book “Directory of Associations in Canada” .
