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Welcome to the gritty inside truth to running your Main Street Business! Learn what it takes to start, run, scale, protect, and yes make a profit in your business from one of the leading experts in business today. Charles Musgrove has guided countless Main Street Entrepreneurs through the pitfalls of running a profitable business. Now he shares this business insight through Answers That Count. Through his unique life experiences and entertaining interviews, you will discover the answers to the questions you have been asking!
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Thursday Dec 05, 2019
Thursday Dec 05, 2019
In this episode, Charles Musgrove talks with insurance industry expert Craig Mugglin about coverage that often gets overlooked or risk that is under-insured. One of the newer insurance 'types' is Cyber Insurance. The number and magnitude of cyber attacks are ever increasing along with the cost to recover from the hacks. Costs suffered by the company to replace, recover and rebuild can be very high and the costs to restore the company's clients and other victims of the attack can be even greater. We talk about what is covered and what is not along with the cost for cyber coverage. Should the Cyber coverage be included with another common policy issued or should you have a separate policy? Check it out.
In this episode we also discuss business interruption coverage, including cost of coverage, exclusions and whether this insurance is included in the 'package' policy or a separate, stand-alone policy.
Check out this episode for important information about protecting and insuring your business assets.
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