Even if your small business is young, anything can go wrong at any time. There’s nothing worse than being taken by surprise and losing everything before your business takes off. This is why small business insurance in Alberta is the perfect choice to help you mitigate your risks.
Are you overwhelmed at the thought of buying small business insurance in Alberta? Do you think it’s too complicated with the different types of policies? Are you unsure about which insurance product is the perfect choice for your business? To put it simply, these reasons are what have stopped you from getting small business insurance in Alberta up to this point. Am I right?
If so, let me ease your mind by explaining the basics of what you need to know about small business insurance in Alberta.
Group Life Insurance and/or Group Medical Insurance
This small business insurance in Alberta solution solves two problems. If you have trouble keeping staff and have to do their work yourself; or good employees leave for better positions, you can offer them group insurance. This will entice good staff to join and stay on your team. As well, health benefits ensure they’re proactive with their health.
It’s a myth that small or solo-run businesses can’t get group life or health insurance. Companies with under three employees, or with part time or contract staff, have options!
Key Person Insurance
If you or someone else important to your business is disabled or passes away, your business probably won’t be able to continue. Key person is a small business insurance product that will ease the financial and personal burden so the company can regroup.
Business Interruption Insurance
Remember the forest fires in Fort McMurray? With this small business insurance product you’re covered if disaster strikes and you can’t do business for a time.
What would happen to your business if you or your partner passed away suddenly? This small business insurance in Alberta product allows the remaining partner(s) to buy up the open shares.
A good small business insurance company in Alberta will always give you the option of designing and tailoring your insurance policy to give you exactly what you need without overpaying or sacrificing any kind of coverage you need.
At Reassured For Life, we’re very knowledgeable about a wide range of insurance products for small businesses. Contact us to learn more.