When you also have equipment or operate from an office
All Basic plan benefits and:
Get protected against employment-related issues
All Standard plan benefits and:
*plus Workers Compensation
Commercial Property insurance covers your commercial property against fire, flood, theft, vandalism, and natural disaster. The insurance covers the cost to replace the damaged building or to replace the contents in and around your property.
Business Interruption insurance covers what Commercial Property insurance won't - loss of income due to a covered disaster. It covers the profits that your business could have earned had the disaster not occurred, the recurring expenses like your monthly electricity bills and employees' salary, and the cost of moving to a temporary location.
Cyber Liability insurance covers the costs of lawsuits and expenses that could arise due to a data breach. The insurance covers notification costs, credit monitoring costs, data recovery expenses, and defense and court expenses.
This industry consists of businesses such as broadband internet service providers (e.g. cable, DSL), telephone carriers, cable television distribution services, closed-circuit television (CCTV) services, VoIP service providers, direct-to-home satellite system (DTH) services, telecommunications carriers, satellite television distribution systems, and multichannel multipoint distribution services (MMDS).
It is important that you protect your assets. When your business is faced with a lawsuit, there won't be any assets to protect if you don't have insurance. Your insurance will pay for the defense and court fees, thereby protecting your business assets and even your personal assets.
There are many unique risks telecommunications carriers can face. Below are some examples:
Your server has been hacked and some of your customers' data has been stolen.
A part-time employee at your office gains access to confidential documents that belong to one of your customers. Your customer finds this out and sues your business for failing to protect their privacy and records.
Your office catches fire and most of your equipment and important documents are destroyed.
The cost of insurance for telecommunications carriers varies as the cost depends on the size of your business, the number of employees you have, and the coverage needed. To find out the cost of your insurance, simply apply online and receive a free quote in just a couple of minutes.
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.
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