On Your Terms® 42. Business Insurance Mistakes That Could Cost You BIG
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 is
- 06:40 - The different kinds
- 13:44 - Why not having business insurance is a mistake
- 16:10 - Making sure you get the right kind
- 17:27 - Not being fully covered
- 20:12 - Knowing your business insurance exclusions
- 22:00 - Looking at your declarations page
In 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.”
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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 Sued
- Click here to watch the free workshop so you can get legally protected right now!
LEARN:
- Read Sam's Blog for the latest legal tips, podcast episodes & behind the scenes of building her seven-figure business.
- Listen to our customer stories to see how getting legally legit has helped 1,000s of entrepreneurs grow their own businesses.
CONNECT:
- Join the Free Legal Workshop to learn how to get your business legally legit™️ today!
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- Kajabi // use Kajabi to sell your course, program, or even build your entire website. Get a 30-day free trial with my link.
- SamCart // what I use for my checkout pages and payment processing and LOVE. And no, not because it’s my name.
- ConvertKit // what I use to build my email list, send emails to my list, and create opt-in forms & pages.
DISCLAIMER: Although Sam is an attorney she doesn’t practice law and can’t give you legal advice. All episodes of On Your Terms® are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The info you hear here isn’t a substitute for seeking legal advice from your own attorney.
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On Your Terms® is produced and published by Crate Media.
Mentioned in this episode:
Legal Workshop
Do you feel lost thinking about how to legally protect your online business? Head to mylegalworkshop.com to sign-up for immediate access to my free 1-hour legal workshop, 5 Steps to Legally Protect & Grow your Online Business.