Business Development

Do you own a business? Is it protected?

by Asha Stokes

Insurance. I know, it’s not the most exciting word in the dictionary but definitely one of the most necessary. As a business owner, it is important to protect and insure every aspect of your business. My team specializes in the meeting the insurance and financial needs of our policyholders who do not work a traditional 9-5. Here’s a quick summary of how we can help:

1. General Liability– This insurance offers two sides of protection. Your liability insurance extends if a customer files a lawsuit against you/your business. An example would be a slip and fall accident in your store or a customer getting food poisoning from a dish you prepare as a chef. The second side of a business owner’s policy covers your contents. This is extremely important. Our boutique owners need to insure the clothing on their racks and in their storage. Our restaurant/food truck owners have special stoves and other equipment. The bottom line is, if you were to suffer an insurable loss, we protect your business to get you back in action, quickly! Also, many leasing companies and venues require certificates of liability. We have a response time of less than 24 hours!

2. Workers Compensation– State required insurance to protect you against employee illness and injury.

3. Short Term Disability – If you become fully disabled, you can qualify for receiving up to $3,000 each month for up to 3 years. As a non-protected independent business owner, you do not pay into these types of benefits through payroll as you would as an employer. So if you are unable to run your business, your income stops. But you CAN protect your paycheck

4.Life Insurance– Do you have a plan in place for your business to continue if something happens to you? A solid way to have that protection is by having a life insurance plan that will allow your “next in line” to have the funds necessary to continue your business in the case of an untimely loss. Most people do not start a business with the end in mind, so allow your legacy you began to continue for generations.  

Remember, it only takes one incident to ruin your business and reputation. This can cause your business to experience a loss that you can never recover from. Insure and protect what you love. Contact us by phone, email or stop by the office to discuss ways to upgrade your business today!


State Farm Team Stokes Insurance

(310) 935-22-12

www.teamstokesinsurance.com

Ernesto Comodo - Administrator

Recent Posts

Business owners should take vacations away from their business for several important reasons:

Recharge and Reenergize: Running a business can be incredibly demanding, both mentally and physically. Taking…

3 weeks ago

The Purpose & Power of  Preserving Legacy Through Art

Determining the Value of a Photo Every photograph carries a piece of history, but not…

3 weeks ago

From Fearful To Faithful. How To Trust God’s Plan For Your Business Journey

Writen by Dr. Deborah Gray I once walked in fear of failing, due to someone…

3 weeks ago

The Importance of STE(A)M Education

The Problem We Face In Los Angeles, talent exists everywhere. However, opportunity does not. Around…

3 weeks ago

Empower Yourself, Lead with Confidence

Inspiring the Next Generation of Leaders In a world filled with challenges and opportunities, young…

3 weeks ago

Why Customers Don’t Trust Your Brand

Trust isn’t built in a single click, and it certainly doesn’t happen by accident. In…

3 weeks ago

This website uses cookies.