Home Page Home Page Newsletter Contact Us Get A Quote Personal Insurance Business Insurance Life Insurance
Get A Quote


            To protect their personal assets from their companies’ liabilities, many business owners choose to form a “limited liability company” (LLC) instead of a sole proprietorship or a general partnership. Doing so offers protection for their personal assets in the event of a judgment against their businesses. It is important that business owners with LLCs select insurance coverage that meets their needs and protects against coverage gaps. The fact is that an LLC does not protect business owners against all threats. For instance, if a limited liability company assumes too much business debt, it may sometimes be possible for lawyers to hold the business owners accountable for those debts. Proper LLC coverage protects against “piercing the corporate veil.”

NOTE: Limited liability company (LLC) insurance requirements are set by the state.

Posted 5:27 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012

View Mobile Version
JED Insurance and Financial Service Agency, Inc I 30 Mechanic St. Ste 5 I Foxborough, MA 02035                                                 Powered by Insurance Website Builder
Privacy Policy  &  Terms of Use     


© Copyright 2013 J.E.D. Insurance and Financial Services, Inc. All Rights Reserved.



Home Page About Us Our Services Newsletter Get A Quote Contact Us Home Page Like us on Facebook LinkedIn