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If you are a small business owner and you primary occupation changes do you need to advise your insurer?

Yes according to Steve Sloan Broker with Insure 247, “if you are insured as a handyman and you get a cleaning contract, you may not be covered in the event of a claim. In some cases its is easy as a phone call to your broker” Insurers will class you occupation as the activity that produces the majority of your income or the highest risk activity.

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By | 2014-11-11T06:44:45+00:00 August 27th, 2013|Business Insurance, Insurance Information, News|