A nonprofit corporation generally
offers more liability protections than other nonprofit forms, and if you want to file for 501 (c)(3) status, your organization must be incorporated.
3) Limited Liability Partnership (LLP)-- A limited liability partnership, as the name implies, gives the
partners more liability protection than they would have as general partners.
OK customers may want to just purchase
more liability protection so as to cover their assets in the event of an lawsuit, or they may want collision and comprehensive coverage that will pay for the damages and losses that are done to their own vehicle.
A South Carolina umbrella insurance policy allows you to add
more liability protection with extra insurance, effectively increasing your liability limits.
Commercial insurance should address your unique business, which is why policies and their associated rates differ from one another; for instance, a construction company needs more workers» comp protection for its employees than a health care office and a lawyer's office
needs more liability protection.