value When a business purchases insurance with cash value, the business is essentially making an investment. The cash value of the policy will grow tax-deferred, and the business can use the cash value to help pay for the costs of the policy, like premiums or to help cover expenses if the business is ever sued … Read more
Kin Insurance has been in business since 2015. The company is a technology-driven insurance provider that offers homeowners insurance in Florida, Texas, and Illinois. Kin insurance: A brief history The first insurance company in the United States was founded in 1752 in Philadelphia. It was called The Insurance Company of North America and it offered … Read more
Business insurance is vital for any company, no matter its size or industry. It helps protect businesses from financial losses due to unforeseen events, such as accidents, lawsuits, or natural disasters. There are a variety of different types of business insurance policies available, and the coverage you need will depend on the specific risks your … Read more
As a business owner, you are responsible for the safety and well-being of your employees. If they are injured on the job, workers’ compensation insurance will help cover their medical expenses and lost wages. There are a few things you need to do to get workers’ compensation insurance for your business: 1. Check with your … Read more
If you run a business, chances are you have some form of business overhead insurance. But what exactly does this type of insurance cover? Generally, business overhead insurance covers the expenses associated with running your business, even if you can’t physically work. This can include things like rent, utilities, administrative costs, and other necessary expenses. … Read more
As a business owner, you need to protect your company from a variety of risks. One way to do this is with class 1 business insurance. This type of insurance can help cover the cost of damages or losses that your business may suffer due to a variety of events, such as fire, theft, or … Read more
If you do not have health insurance in the United States, you may be subject to a tax penalty. The tax penalty is calculated as a percentage of your household income or a flat fee, whichever is greater. For 2018, the tax penalty is 2.5% of your household income or $695 per adult ($347.50 per … Read more
As your business grows, your insurance needs will change. Review your business insurance policy annually to make sure it still meets your needs. Consider these five tips to get the most out of your business insurance policy. 1. understand what your policy covers When it comes to business insurance, there is no one-size-fits-all solution. Make … Read more
As a business owner, you know that protecting your company is crucial. You may have insurance for your building, inventory, and employees, but have you considered HVAC business insurance? HVAC business insurance is a type of coverage that specifically protects businesses that install, maintain, or repair heating, ventilation, and air conditioning systems. Due to the … Read more
If you don’t have van business insurance, you could be facing some serious consequences. Your business could be sued for damages, your van could be repossessed, and you could even be put out of business. 1. Don’t have van business insurance? You could be risking your business If you have a van and use it … Read more