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08/28/08 at 09:28:03
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Proper amount to insure company (Read 345 times)
BillDay
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Proper amount to insure company
04/17/08 at 13:39:16
 
I have a new business with an approximate value of $750,000. I am thinking about bringing in a business partner. I believe I should be able to insure each of us for 1 million because our business will be worth that much in about a year. Do insurance companies account for what your business is estimated to be worth?
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"Nobody can think straight who does not work. Idleness warps the mind".
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drain56
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Re: Proper amount to insure company
Reply #1 - 05/28/08 at 05:51:31
 
Well….I think if you wait for some more time… you can get a lot better suggestions that this…I am out of any ideas for this!!!!
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Re: Proper amount to insure company
Reply #2 - 06/05/08 at 14:14:31
 
Quote from BillDay on 04/17/08 at 13:39:16:
I have a new business with an approximate value of $750,000. I am thinking about bringing in a business partner. I believe I should be able to insure each of us for 1 million because our business will be worth that much in about a year. Do insurance companies account for what your business is estimated to be worth?

 
 
What we usually do in your situation is evaluate your assets, existing debts, business loans you may plan to take out in the near future to improve business operations. Basically we'll ask you bunch of questions to determine where your company stands. We will do an analysis, and provide you with specific recommendations.
If you feel like this process should make sense, email me or call.
 
Eugene Goldberg
212-819-1800
www.nmfn.com/eugenegoldberg
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anthony333
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Re: Proper amount to insure company
Reply #3 - 06/28/08 at 01:29:04
 
Hi  
I don’t have so much idea regarding this subject. Just I suggest you to take steps accordingly.
 
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Re: Proper amount to insure company
Reply #4 - 06/30/08 at 16:46:33
 
Quote from anthony333 on 06/28/08 at 01:29:04:
Hi
I don’t have so much idea regarding this subject. Just I suggest you to take steps accordingly.

Insurance Company

 
Quote from anthony333 on 06/28/08 at 01:23:46:
Hey
Welcome in this forum. Hope you will enjoy discussion and you will give good suggestions to other people also.


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Anthony333 - While we do not mind you adding links back to your site on your posts, we do mind when you obviously post for the sole purpose of link spamming. Please either contribute something of value to this forum, or refrain from posting at all. Thank you .... QQ Moderator.
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