42. Business Insurance Mistakes That Could Cost You BIG episode artwork

EPISODE · May 9, 2022 · 25 MIN

42. Business Insurance Mistakes That Could Cost You BIG

from On Your Terms®

I get so many questions (and hear so much bad advice floating around) relating to business insurance. One of the worst things that could happen is thinking you’re fine, only to find out your coverage won’t do anything for you. That’s not what I want happening to you! Let’s break down the myths, teach you what business insurance really is, how it works, and what some of the most common mistakes are for people who already have it.In this episode, you’ll hear…03:17 - What business insurance actually is06:40 - The different kinds13:44 - Why not having business insurance is a mistake16:10 - Making sure you get the right kind17:27 - Not being fully covered20:12 - Knowing your business insurance exclusions22:00 - Looking at your declarations pageIn our review of the week, DiamondA2021 says: “Oh my goodness, I am a new fan of Sam’s podcast 100%!! Sam is so down to earth while being so knowledgeable and wise at the same time. Many of her episodes speak directly to my heart and help me to become more confident as a Gospel fitness trainer and business owner. The episode: “What Other People Think Of Your Business- Does It Really Matter?” especially spoke to me!! For the longest I obsessed over unfollowers!! But Sam is right in encouraging us all to celebrate our wins and make a difference in our own ways.”If you’d like a shoutout (and a chance to win a $20 gift card), just leave a review on Apple Podcasts and send a screenshot of it to me on Instagram via DMs!Click here to find the full show notes and transcript for this episode.RESOURCES:Episode 33: What Other People Think of Your Business – Does it Really Matter?Episode 35: What to Do if Your Business Gets SuedClick here to watch the free workshop so you can get legally protected right now!CONNECT:Get Sam's weekly newsletter, Sam's SidebarFollow Sam on InstagramFollow Sam on YouTubeSubscribe to Sam's Substack, Beyond BusinessTake Sam's free legal workshop "5 Steps to Legally Protect & Grow Your Online Business"DISCLAIMER

Business insurance is not that complicated, but you do need to have a few key things sorted out to make sure you’re legally covered. I’m going to break down the myths, teach you what business insurance really is, how it works, and what some of the most common mistakes are for people who already have it.

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42. Business Insurance Mistakes That Could Cost You BIG

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Frequently Asked Questions

How long is this episode of On Your Terms®?

This episode is 25 minutes long.

When was this On Your Terms® episode published?

This episode was published on May 9, 2022.

What is this episode about?

I get so many questions (and hear so much bad advice floating around) relating to business insurance. One of the worst things that could happen is thinking you’re fine, only to find out your coverage won’t do anything for you. That’s not what I want...

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

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