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Consider These Issues Before Buying Insurance

One size does not fit all when it comes to insurance. Ask yourself these 9 questions before purchasing insurance to determine your needs.
July 12, 2004
URL: http://www.entrepreneur.com/article/53372

Despite the proliferation of "package policies," insurance is not a one-size-fits-all issue. You need to understand what your risks are, how much liability you can handle, and what you need to cover.

Some issues to consider:


Excerpted from The Small Business Encyclopedia, Start Your Own Business and Entrepreneur magazine ("Needs to Know"). All information is intended to be general in nature, without regard to specific geographical areas or circumstances, and should only be relied upon after consulting an appropriate expert, such as an insurance agent.