Transcript VITAL INFORMATION ABOUT INSURANCE FOR SMALL …

VITAL INFORMATION
ABOUT INSURANCE
FOR SMALL BUSINESSESS
PRESENTED BY
DANA LYNN CLEVELAND
President, Cleveland Business Consulting, Inc.
Disclaimer
The information contained in this document
is not meant to be representative of any
particular company, and is general in nature.
Any insurance purchased is subject to the
terms and conditions of the policy issued
and supersedes information contained in
this presentation.
BASIC COVERAGE FOR
YOUR SMALL BUSINESS
A list of the first policies you want to consider
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Commercial Property
Commercial General Liability
Workers Compensation & Employers Liability
Commercial Auto
Commercial Crime
WHEN TO CONSIDER
BUYING INSURANCE
“I have started a business, when do I need
insurance?”
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You have a registered corporation, company or
are an individual conducting regular activities of
a business nature.
You handle revenue either for profit or non-profit purposes.
You have 1 or more persons working for you on your payroll
at total of 22 ½ hours weekly, for a minimum of 13 weeks per
year.
You are bidding, either verbally or in writing, or have a desire
to bid on contracts for work.
BASIC INFORMATION YOUR
AGENT WILL REQUIRE
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Projected 1 year gross receipts from operation.
Projected 1 year payroll amount.
Federal Identification Number (SSN for
individuals).
Some form of financial report – balance sheet,
income & expense, business plans or audited
financials.
Any information about previous policies,
including any loss history available.
WHAT TO EXPECT
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Select a capable, experienced agent that you
can trust. Any information collected for
insurance purposes is held in strict client/agent
confidentiality.
Be prepared to give full disclosure regarding
your business.
Be prepared to fill out various applications.
(Remember, documents filled out for insurance
are a reflection of your company, and should be
typed).
Expect quotations for your consideration in 5 to
7 working days from the time your agent
receives all requested data.
HOW TO CONTACT
If you would like to schedule a seminar or 10
or more people please contact us on our
website
www.clevelandbusinessconsulting.com