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Bitten by an ASP?

There's no worry if you've taken the right precautions.

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This story appears in the December 2001 issue of Entrepreneur. Subscribe »

In the alphabet soup of technology trends, ASPs are one of the hottest. If you use one, be sure you're protected if something goes wrong.

ASPs (application service providers) allow you to avoid buying software and hardware and still have the latest technology by paying a monthly fee to access applications. But what if your ASP gets a virus, loses data or goes out of business? With the proper insurance, you can recover those losses.

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