Insurance Insights
from Apollo

Getting a small business insurance quote doesn’t have to be complicated.

Directors and officers of nonprofit organizations have a lot of responsibility. They have a duty to exercise due diligence in overseeing the management of the nonprofit. They must act in good faith, and in the best interest of the organization.

This is a question that many Canadian small business owners wonder. Of course, budgeting is important, and having an idea of what necessary parts of your business will cost is all part of effective risk management.

Insurance deductibles don’t have to be boring. Simply put, the deductible is the amount of money that you, the policyholder, would pay in an insurance claim before the insurance coverage begins paying you. It makes up your portion of the nancial responsibility of a claim, and the terms are built into your insurance contract.

Photography can be a great career for artistically-minded people who have an eye for aesthetic quality. But it also means a lot of expensive equipment in a fast-paced environment, where the stakes can be very high. There is also the possibility that something could go wrong, and a client could claim that you are responsible.

Some people wonder: “What’s the difference between Professional Liability and General Liability insurance?” It’s a question that’s worth exploring, because any small business owner wants to know that they are getting the right insurance for the right risks that their business faces.