I can buy insurance for that that? Seriously?
Apex Excess and Surplus Line Insurance is a specialty insurance underwriter that specializes in providing insurance for non standard situations. What does this look like? Did you know that you can protect your business against a loss of revenue, loss of a key supplier or key customer or a frivolous employment lawsuit? These types of coverages can save a business that has unknown or outlier risks that are rare - but can happen. We spoke with Bob Spadafore and Jay Stobaugh, the owners of Apex Excess and Surplus Lines, and dug into the weeds of this interesting and often misunderstood segment of the insurance industry. This type of insurance has saved many companies from disaster. This insurance can also be structured in a way that improves cash flow and could possibly save on taxes. This planning can also be used with a California Private Retirement Plan to enhance a business owners protection plan. This episode promises to be entertaining and educational.