Have you started selling a product as an individual sales consultant to make extra cash, on top of the regular job that you work, but you don't have any insurance coverage? Since you are providing people with a product and you are taking the time to do the sales and marketing, you want to make sure that you are protected. Here are a few different things you want to talk with an insurance agent about as you start to make sales and earn an income from selling the products.
Additional Auto Coverage
If you deliver your orders, carry around a lot of inventory for sale, or drive around with your own items to show others, you want to have the items covered on your auto insurance policy. The following issues could occur, and unless you have coverage, your standard auto insurance may not cover them:
These are just a few of the concerns you want to consider, so improve your auto policy to cover the items or get an additional policy.
Liability Coverage
You don't know what will happen to someone when they are using their products, and the recipients may try to say that you made false claims and that is why they got hurt. You don't want to be liable for something that happened to someone after they used your products, and if you get sued you need to have liability insurance.
Travel Insurance
If you do a lot of traveling to market the products and you have to stay in hotel rooms, book flights, and make other travel arrangements, consider getting travel insurance for your big events. This prevents you from losing out on money if your events get cancelled or if there is a problem with your travel arrangements and your plans need to change.
If you have picked up another occupation and you started selling products, but you haven't gotten any insurance coverage, it's time to meet with an agent to find out what type of insurance you need. You want to be protected, and you can get insurance to prepare for a lot of the challenges and issues that you can face as an individual sales consultant. Once you have insurance you'll be able to sell all of the items you want with ease, and you won't have to worry about being at a loss financially if something happens. For more information and advice, talk to an insurance agent who works with a company like Bear River insurance.
Share1 September 2016
When I got married, I knew that there were a few things that I needed to learn about the way the world worked. For starters, I had to figure out how insurance worked since I wanted to make the most of my life without worrying about money. I started focusing on the policies that I had in place and gradually moved towards acquiring new life insurance and the like. Having each of these coverages helped give both me and my spouse peace of mind. We both knew if something happened to me that the other would be okay. Check out this blog to learn more about insurance needs.