Sentences with phrase «more protected your personal assets»

Not exact matches

In the United States, more than 2.4 million small businesses are set up as a limited liability company (LLC) for the purpose of limiting personal liability and protecting the owner's personal assets in the event of business failure.

# 4 is a little more abstract, though I see you have an LLC taxed as a sole proprietorship, and so I'm guessing protecting your personal assets may have been one of the driving reasons you formed the LLC in the first place.

More importantly, having a business entity may protect your personal assets in the case of professional failure.

However, it is strongly recommended that you carry significantly more than the minimum required limits, particularly if you have substantial personal assets that you would like to protect.

Maybe your overall personal finances have improved and your assets increased significantly, and you want to protect them better with more coverage.

These kinds of policies are very essential to protecting your financial assets, and your personal belongings may be more at risk than you think.

With coverage for your personal property to protect it from a variety of perils that could befall it, as well as coverage for liability to protect your family and your assets, it's more than worth the cost.