New Policy tailored for Small Business Owners

Barbadian entrepreneurs have a different method to safeguard their companies from the ravages of possible disasters, both created and natural, through ICBL’s Advantage Plus Combined Business Package.

The policy provides coverage against fire, theft and other scourges, according to Deputy CEO, Goulbourne Alleyne who fielded questions at a small business seminar entitled "Securing the Future of your Business," at their Roebuck St headquarters.

The policy provides coverage against fire, theft and other scourges, according to Deputy CEO, Goulbourne Alleyne who fielded questions at a small business seminar entitled “Securing the Future of your Business,” at their Roebuck St headquarters.

“The new Advantage Plus Combined Business Package is designed with the business owner, in mind – offering the perfect blend of business insurance. This package provides coverage for Fire & Allied Perils; Computers and Other Electronic Equipment; Business Interruption; Employers’ Liability and Public Liability; Cash-in-Transit; Personal Accident; Business Travel and Fidelity Guarantee.”

Alleyne said ICBL saw the need to craft this initiative since they recognised owners of small businesses, especially during this harsh economic downturn is already difficult without folks having to be concerned about what disaster can affect their company.

"Being a successful small business in a competitive market & challenging economy is already difficult enough, without having to deal with setbacks such as the destruction of property or theft, along with expenses related to accidents on the job, among others."

Being a successful small business in a competitive market & challenging economy is already difficult enough, without having to deal with setbacks such as the destruction of property or theft, along with expenses related to accidents on the job, among others.”

Accordingly, this new plan gives entrepreneurs the security in realising should such a malady arise, ICBL will be right there to help them pick up the pieces once they choose this particular package, stated the Deputy CEO.

Representatives from First Citizens bank were also on hand to show Small Business Owners the difference between a Savings Account and a Money Market Plan which may require a larger deposit yet offers young bosses more leverage as they seek to expand their company.

The selected guests recommended both ICBL and First Citizens repeat this educational forum for other entrepreneurs who may be unaware of such advantages to ease the creation of their ideas into reality.

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

Comments

add a comment

Some HTML is OK

or, reply to this post via trackback.