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Don’t get caught without it! Workers' compensation insurance is required by law in almost all cases, and rates are determined by the size of your payroll. Workers’ comp covers medical expenses, lost wages, and legal fees if your employees ever get sick or injured on the job.
A BOP bundles general liability insurance with some of the most common coverages that small businesses need into one convenient package at a reduced rate. It usually includes business interruption insurance and business property insurance.