Traditionally, a business owners policy (BOP) offers businesses an excellent alternative to purchasing business income insurance on a standalone basis. While most BOPs still include business income insurance, many providers have taken measures to limit this coverage.
A recent survey conducted by a major insurance company shows evidence that blog posts, tweets and other online communication could have deleterious consequences for individuals and their employers.
“A foolish post or a tweet could cost you a job or even trigger a libel lawsuit,” says Christie Alderman, vice president of Chubb & Son and new product and services manager with Chubb Personal Insurance. “We all should think twice before posting any comment online.”
Wm. J. Fagan & Sons, Inc. is a family-run, fourth generation, independent insurance agency providing professional advice and custom policies from a variety of leading insurance carriers in New York State.