October 26, 2023
Silicon Valley Risk & Insurance ServicesWhat Is a Key Person Life Insurance Policy?
In the business world, some individuals play pivotal roles essential to the company’s success. These individuals are often called “key persons” or “key employees.” Key person life insurance, also known as key man insurance, is a specialized insurance policy designed to protect a business from financial hardships that may arise if one of these key […]
August 22, 2023
Silicon Valley Risk & Insurance ServicesHow Does Business Interruption Insurance Work?
Business interruption insurance, or business income insurance, protects businesses from financial losses resulting from unexpected disruptions to their regular operations. Various incidents, such as natural disasters, fires, theft, equipment breakdowns or other covered perils, could cause these disruptions. The primary purpose of business interruption insurance is to help businesses recover their lost income and cover […]