6. Commercial auto insurance

Do you have an auto insurance cover? It may look surprising but your personal automobile policy does not cover vehicles that are used for your business.  If you make deliveries, visit clients, pick up packages or use your auto for a business purpose and if unfortunately your business vehicle meets with an accident, then your personal auto policy will not cover the damages caused. Taking commercial auto coverage will insure your business against property damage to vehicles and damage caused to others by your business vehicles.

7. Life Insurance

Have you ever thought how valuable is your life? Strange but true, that the main objective behind taking an insurance cover is to protect your family financially, in case of your sudden demise. So whenever you plan to buy an insurance policy make sure that the cover is large enough for settling your dues and also your family gets a source of income in your absence.

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