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Plugging coverage gaps for owners of small businesses

There is a 99% likelihood that a small-business owner has one or more major gaps in his or her insurance program, any one of which could cause serious financial loss to the business and to the owner personally. This article addresses some of the

By Jack Hungelmann | Updated on August 31, 2006

There is a 99% likelihood that a small-business owner has one or more major gaps in his or her insurance program, any one of which could cause serious financial loss to the business and to the owner personally. This article addresses some of the common risks faced by small-business owners and the preferred method of handling them, using both insurance and non-insurance strategies. I will focus on the concerns of two types of operations: (1) the home-based business; (2) the free-standing business.

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