Tempted to Cut Back on Insurance? Think Twice.

During these trying financial times, you may be looking for ways to trim the monthly
expenses of your small business – perhaps you’ve toyed with the idea of cutting back your insurance coverage.

But you really need to think twice about that. An underinsured business may not have the coverage needed to survive a fire, a theft or an accident on your premises. The best course of action is to go over your insurance coverage with your insurance agent.

You may have made improvements to your building or purchased new equipment. That may mean you need to update your coverage. But, it’s never wise to decide against the coverage you need to help your business survive. For example, business interruption insurance may be available through your business owner’s policy, or BOP. This insurance typically provides coverage for a business’ expenses and lost profits if the business can’t operate for a variety of reasons. While this coverage may increase your premium payment, it can make the difference between survival and failure if your business can’t operate because of a disaster.

We can help you to understand your insurance and to evaluate your level of coverage. You may also find that your business needs a policy that is tailored to
your particular line of work. Often a BOP policy can be custom-tailored for the unique needs of many industries and is available at competitive prices.

For more information, call us at 800-696-3947 or you can visit the Insurance Information Institute Web site:http://www.iii.org/smallbusiness/intro. You’ll find explanations of a variety of businesscoverages and also descriptions of specific coverages that might be needed in various

© October 2009 The Hartford Financial Services Group, Inc., Hartford, CT 06155 All Rights Reserved This document contains only general descriptions of coverages which may be provided and does not include all of the features, exclusions, and conditions of the policies it describes. Certain coverages, features, and credits vary by state and may not be available to all insureds. You should consult the actual
policy language and speak with the appropriate Hartford representative to resolve any questions. In the event of a loss, the terms of the policy issued will determine the coverage provided.

Elliot Whittier Insurance Services, LLC is a local Trusted Choice® agency that represents multiple insurance companies, so it offers you a variety of personal and business coverage choices and can customize an insurance plan to meet your specialized needs. You can visit Elliot Whittier online at www.ElliotWhittier.com, email info@elliotwhittier.com, or call 800-696-3947.