Insurance for Maturing Businesses


After a business is up and growing it is important to review the insurance necessary to protect against liability exposures that could present themselves. This is different for a mature company as it grows due to the fact that the balance sheet is now different and there are more assets to protect from potential claims. It is also important to recognize that as a business grows it gets more complicated to manage and control all events in a manner that will prevent claims. An annual review of insurance needs and coverage can help a business to understand and control liability exposures.


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