You are owner of a home based business. You think you do not require any insurance but that's not correct. You need to take adequate insurance coverage because unexpected things may happen any time any where.

Try to understand the nature of your business and possible risk and the probability of occurrence of the same. Based on this parameter, you need to take an insurance coverage for your company and people after consultation with your insurance consultant.

Always take adequate group health insurance coverage for yourself and your family and your family and their family.

Accident can cause lose of life or temporary disability. You need to take some insurance for temporary or permanent disability. This gives you peace of my mind during emergency. Life insurance and disability insurance are two most important insurance which you always require. Some lenders will not give you loan unless you are adequately covered.

You should insure all the properties and equipments. This will protect if there is any natural calamity happens. Business Property Insurance also helps you in case you need to pay a heavy bill to repair faulty equipment.

Workers' compensation insurance is important if you plan on having employees working out of your place. Otherwise, you'll be responsible for any medical expenses arising from injuries employees sustain while working for you. This insurance is applicable for all types employee irrespective of whether he is a data entry operator or works in construction. However, insurance premium may be different.

No body really can predict Disasters, accidents, and crises can strike at any time hence you need to insurance to meet all these eventualities.