Chapter 2: Understanding Small Business Insurance for Independent Consultants
In the last chapter, we defined "business risk" and helped you identify the threats that commonly affect independent marketing and management consultants. In this chapter, we take a look at the policies that benefit most sole proprietors and independent contractors. Next, we examine the policies and endorsements that benefit independent consultants the most.
But first, let's take a look at the mechanics of small business insurance. Read on to learn how it works, what factors affect an insurance premium, and why insurance is important to self-employed consultants.
Next: Part 1: What Is Small Business Insurance?