Preview Mode Links will not work in preview mode

Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Mar 18, 2019

In episode 139 of Financially Simple, Justin goes over the various types of Business Insurance.

Accidents happen, along with natural disasters and acts with unintended consequences. In such instances, you’ll be glad you had the right insurance policy in place to protect your and your business. Justin looks at the different types of Business Insurance policies, for small businesses and home offices, and explains which you need for your circumstances.

Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! 

ARTICLE TRANSCRIPT: https://financiallysimple.com/insurance-policies-small-business-owners-need/

 

TIME INDEX:

00:29 - Insurance to Protect from Lawsuits

02:27 - General Liability Insurance

03:55 - Product Liability Insurance

04:49 - Automobile Liability Insurance

06:03 - Worker’s Compensation Insurance

06:51 - Directors and Officers Insurance

07:54 - Home-Based Businesses

08:24 - Business Owner’s Policy

09:29 - Home Office Policy

10:10 - Business Pursuits Endorsement

11:14 - Personal Umbrella Policy

11:51 - Wrap Up

 

USEFUL LINKS:

Financially Simple

Financially Simple on YouTube

Financially Simple on Facebook

Financially Simple on Twitter

 

Financially Simple podcasts are recorded on:

Samsung notebook: https://amzn.to/2EvYu3P

Yeti Blue Microphone: https://amzn.to/2VB6V7x

 

DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.