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End of the Year Insurance Planning

December 11th, 2009

As the second Friday of December passes us by and we head off for the weekend (dome of us anyways), keep in mind there are only twenty days left until the end of the year.

End of the year is the perfect time to review your company’s business insurance. It is a good time to make sure that equipment purchased during the year is insured. It is a good time to make sure that automobiles and their drivers are properly identified. Update procedure manuals, review wellness plans, meet with your insurance professional–these and other steps are perfectly suited for the end of the year because the steps coincide with tax planning.

I have a post where I suggest a ten-step annual review. End of year is a good time for such a review.

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