Starting a new business is an exciting opportunity, and business owners need to ensure that they are proactively protecting their new enterprise. One of the tools to help them safeguard their company, their employees, their vendors and their customers is insurance.

Small and medium-sized business owners face various risks, from injured employees and stolen merchandise to cyberattacks and slips, trips and falls, and major disasters like fires and floods. Insurance can help them recover and offset the cost of business-related losses.

Types of insurance for small businesses

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