What type of insurance does your business need?

It might be a good idea to protect your business with property insurance, business interruption insurance or other types of coverage, Chris Griffiths writes. You should get new quotes on a regular basis and re-evaluate your coverage needs, he recommends. "Fine-tuning your insurance coverage may not affect the number of widgits your company sells, but it is a very important responsibility for both risk management and cost control," he writes.

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