One of the major concerns for business owners is an unexpected event occurring that could result in a loss that would be larger than their initial capitalization.
Video Transcript
When most people start businesses, they have some idea in mind about how they are going to turn that into revenue. One of the major concerns, particularly early on, is unexpected events that could occur that could result in a loss that would be larger than their initial capitalization. Insurance provides that comfort level for things that we don’t really expect to have happen and have the ability to get back into business to as much of a pre-loss condition as we can.
