I see years of sweat equity, many late nights crammed in the living room, and a family brought together by a single dream when I look at our business. Again, this is not just a business; this is our legacy. However, legacies are not made of iron, and anything as simple as fire, theft, or natural disaster can wipe it away. We have used the insurance to catch us when we fall. It gives me the peace of mind to pursue growth instead of playing the What-If Game about our buildings, equipment, and inventory.

However, there is one thing I have learned that not everything is predictable. I can still remember when a customer fell in our store. A legal complaint that followed could have wiped us out but insured the medical bills and legal fees. That was a wake-up call that even small incidents have big effects. It includes property damage, customer injuries, and even employee disputes, and insurance guarantees that unforeseen occurrences don’t lead to financial catastrophe.

If you are a business owner, it means there is never a dearth of things to worry about sales targets, employee issues, competitor activities, and whatnot. But one thing that hardly keeps me up at night anymore, is whether or not my family is financially secure. Partial insurance means that we have a plan for recovery, even if everything goes wrong. And that peace of mind is invaluable. It gives me peace of mind running the business and spending time with my family knowing that I am not worrying about this or that “what if”.

Family business insurance is more than an economic safety net; it is an emotional safety net. It represents treating all the more responsibly, inclusive of the business, but rather for every individual who lays a stake in it. It means that no matter what challenges come our way, our dream is not going anywhere, as a family.