- by C.C.
Business or professional insurance
If you run any kind of business or provide professional services, there are a whole host of additional policies you may need to protect you from losses.
Doctors, lawyers, and accountants, for example, typically need malpractice coverage in case of mistakes that cause financial loss (or physical injury) to others.
Other business owners may need liability protection, commercial property insurance, and business interruption insurance in case the company becomes temporarily unable to operate.
Talking to an insurance agent is advisable if you need business or professional insurance to find out exactly what types of coverage can protect your personal assets, business operations, and income.