Learn from real-life examples of how cybercriminals target jewelry business and why cyber liability coverage is necessary, even with adequate jewelers block insurance.
As a manager or owner of a jewelry business, you have a lot of difficult decisions to make.
Even if they're not the first things that come to mind, hiring and firing decisions are probably some of the most difficult ones a manager or business owner need to make. There are a lot of emotions involved and sometimes financial stakes at play. Whatever the reasons, creating new ties with another person or severing old ones often result in high stress.
Employment-related lawsuits continue to rise and in order to be protected, a special type of coverage is needed: employment practices liability insurance (EPL).
The stats around EPL aren't pretty and give a powerful reason to have the coverage. In an article posted by Trusted Choice, employee lawsuits have risen 400% in the past 20 years!
As you grow, having insurance for your jewelry business is essential. But not just any insurance will do. With jewelry business insurance from Jewelers Mutual Group, you’ll have peace of mind knowing that your business is protected by a company founded by jewelers, for jewelers in 1913.
Jewelry businesses are unique and finding an agent who is an expert in the industry is striking gold. Like any talented professional, expertise can only take an insurance agent so far.
Dedication and commitment to the needs of each jeweler transforms the level of service an agent provides and defines the relationships built to help each jewelry business thrive.