Businesses in Baltimore, MD have access to a wide range of insurance services through the Maryland Insurance Administration. From life and health insurance to business interruption and property insurance, companies can get the coverage they need to protect themselves and their employees. CareFirst BlueCross BlueShield (CareFirst) is a nonprofit health care company that has been serving the Baltimore area for more than 80 years. The CareFirst Engagement Center in Canton provides in-person health and support services to the local community.
Business interruption insurance, also known as business continuity insurance, is essential for protecting businesses from common losses. This type of coverage covers expenses related to running a business, such as payroll and utility bills, when the business is unable to operate for an extended period due to a fire or other type of loss. It usually does not become active until a certain amount of time has passed after a covered loss that causes business interruption. Small businesses may also take out key life insurance to protect people who are critical to the company, such as founders or partners.
Property and liability insurance is important for home-based businesses, so it is important to speak with an insurance producer to make sure you have the coverage you need to protect yourself and your business against any loss or claim. Health insurance is also extremely important for most employees and is a great advantage when hiring and retaining the best workers. The types of insurance that business owners choose to buy depend on the size of the company, the number of employees, the type of company or industry, and the amount of coverage desired. The Maryland Insurance Administration can provide guidance on all areas of insurance, including life, health, disability, workers' compensation, auto, homeowners, and property insurance. Businesses in Baltimore have access to a wide range of insurance services through the Maryland Insurance Administration. Companies can get the coverage they need to protect themselves and their employees from common losses.
CareFirst BlueCross BlueShield provides in-person health and support services in Canton, making it easier for businesses to get the coverage they need.