Online business insurance : chose the type appropriate for your trade - part 2


Business Owner's Policy (BOP): This insurance policy is a mixed bag of both property and liability insurance. It can be paid through an affordable premium. It is meant for small scale businesses having hundred or fewer staff. This is one of the most important online business insurance service.

Home-based business insurance: This policy covers home-based businesses. It covers normal business risks like property or liability risks.

Business interruption insurance: If a business temporarily closes due to some reasons, like low cash flow, this policy reimburses for lost net profits and also to continue expenses for running the business.

Health insurance: Most businesses offer health insurance to their employees. This policy offers a health coverage benefit to the staff and also to the entrepreneur.




Besides the policies mentioned above, there are some more business insurance, each covering a different type of risk. You can opt for each policy to cover a specific risk, or you can also combine policies to save on your premiums. You can have more than one policy depending on the type of business you have.