Different Types of Insurance That You Should Consider for Your Small Business

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Different Types of Insurance That You Should
Consider for Your Small Business
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An Overview

• Accidents always happen, whether you are ready
  for them or not! One way to protect your small
  business against such risks is to invest in
  business insurance. Rider Insurance is an
  independent insurance agency that offers you
  several insurance policies to help you keep your
  business safe from risks. Rider Insurance have
  the best team of commercial insurance agents in
  Maryland that can help you get the right
  insurance policy for your business.

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Lets dive into some different types of insurance
policies that you can consider for your business

• Employment Practices Liability Insurance (EPLI)
• Management Liability Insurance
• Product Liability Insurance

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What Exactly Business Insurance Is?

• In simple terms, it is a form of risk management
  that is used to protect you from financial
  losses. In todays competitive business
  landscape, investing in business insurance is
  important to cover the costs of liability claims
  and property damage.

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Employment Practices Liability Insurance (EPLI)

• A majority of small businesses get benefits from
  EPLI insurance policy. Basically, this type of
  insurance policy protects you against sexual
  harassment, wrongful discipline or termination,
  negligent evaluation, mismanagement of employee
  benefits, discrimination and more.

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Management Liability Insurance

• Well, it is a combination of several coverages
  used to protect public, private and nonprofit
  companies for various board-level exposures. This
  insurance policy includes coverage for DO
  liability, fiduciary liability, and employment
  practices liability.

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Product Liability Insurance

• This type of insurance offers more security and
  protection. If a product causes damage or injury
  to your product, then this type of insurance can
  help you keep your business safe.

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THANKS
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