Protecting Yourself and Your Business — Insuranceby
One of the biggest costs of doing business for an independent consultant is insurance. When working for a corporation or other organization, that organization bought insurance of many types. Now, you’re in a different world, one in which you must decide what types of insurance to carry, and then purchase it.
Your lawyer and accountant can give you detailed advice on the type of insurance that you need, and the tax benefits for the types of insurance. Use this as a guideline.