Corporate / Business Law
Criminal Defense
Estate Planning / Probate
Motor Vehicle Accidents
Personal Injury
Real Estate
Social Security Disability
Workers' Compensation
Wrongful Death
Scott D. Brown
John P. Lander
Kim R. Snitker
Travis M. Armbrust
Kaitlyn J. Ausborn
Brown, Kinsey,
Funkhouser & Lander, P.L.C.

214 North Adams,
Mason City, Iowa 50401
Phone: (641) 423-6223
Fax: (641) 423-9995
CORPORATE / BUSINESS LAW - Frequently Asked Questions
I. Overview IV. Organizing Your Business
II. Financing and the Business Plan V. Hiring Employees
III. Permits, Licenses, and Other Legal Concerns VI. Employee Pay and Compensation
    VII. Business Insurance
"Contact an Iowa corporate / business lawyer representing clients in Charles City, Iowa today to schedule your initial consultation."
Webster County Courthouse Fort Dodge Iowa  

Business Insurance

One of the most important decisions facing a new business owner is the acquisition of insurance for the business and for employees. To determine what insurance you will need, you need to understand the potential risks your company faces. Federal or local laws may require you to have certain insurance coverage, as might a contract. A competent business planning attorney can give you advice on these topics.

These types of policies can help to protect your business:

Commercial Multi-Peril or Business Owner's Policy. This is a standard policy that covers property damage, liability, business interruption, and sometimes workers' compensation. Some businesses are not eligible for this policy.


Property Insurance. Property insurance covers your business against financial losses resulting from physical damage to your property from fire, lightning, wind, storms, or vandalism. It can also protect personal property such as art, furniture, materials, or inventory.

General Liability Insurance. This policy covers you against losses when your business is legally responsible for damage to someone's property or health.

Business Interruption Insurance. If your property is damaged or lost and must close for a period, this policy protects you against losses. It also covers losses incurred to avoid or minimize time spent closed.

Product Liability Insurance. This protects you against losses incurred when your product harms a user or the user's property. This insurance is vital for any business that manufactures or supplies products.

Malpractice or Professional Liability Insurance.
This insurance protects the business against claims of error or negligence. Depending on your business and the state you reside in, this may be required by law.

Business Vehicle Policy. This policy protects vehicles owned or used by your business. You may need special coverage if your employees use their personal vehicles for work.

Umbrella Insurance. This covers your business against losses above the limit of your liability policy.

There are also types of insurance that help protect your employees as well as your business:

Health Insurance. In some cases, you can save costs and provide better service to your employees by offering a group health insurance plan.

Workers' Compensation Insurance. This covers employee wages in case of accident or injury. In many states, this coverage is required by law. Also, some states require businesses to purchase workers' compensation insurance from their own government.

Life Insurance. Life insurance can be invaluable in providing for your family and loved ones.

Disability Insurance. Disability insurance can be used to cover you or an employee if injury or illness makes it impossible to work.

Keyman Insurance. If a key employee is unable to work or dies, keyman insurance covers revenue lost or the cost of replacing the employee.

Insurance is a key protection for your new business. You should consult a business / corporate attorney with experience in business planning for assistance in setting up new insurance policies.

Copyright © MMIX JAKOBIE
Back To Top
If you would like to schedule a initial consultation contact an Iowa corporate / business attorney, representing clients in Charles City, Iowa at the Brown, Kinsey, Funkhouser & Lander, P.L.C.. Give us a call at (641) 423-6223 or email us at
NOTICE: The purpose of this web site and the content herein is to provide information to anyone considering hiring our law firm or referring someone to our firm.

Please understand that anyone communicating with our firm through this internet site is hereby advised that any such communication does not create an attorney-client relationship, nor protect the communication as confidential until a written agreement establishing an attorney-client relationship is signed. Further, any failure on the part of our firm or any lawyer in the firm to respond to your inquiry must be considered as a declination on our part to represent you or anyone you are making inquiry on behalf of in this manner.
Mason City, Iowa Attorney practicing in Iowa primarily in Workers' Compensation & Personal Injury. Lawyers at the Brown, Kinsey, Funkhouser & Lander, P.L.C. are dedicated to serve their clients in Iowa, including the cities of Mason City, Algona, Allison, Boone, Cedar Rapids, Charles City, Clarion, Dakota City, Des Moines, Eldora, Forest City, Fort Dodge, Garner, Grundy Center, Hampton, Marshalltown, Mount Pleasant, Nevada, New Hampton, Northwood, Osage, Toledo, Vinton, Waterloo, Waverly, Webster City and West Union, and the communities that make up Cerro Gordo, Benton, Black Hawk, Boone, Bremer, Butler, Chickasaw, Fayette, Floyd, Franklin, Grundy, Hamilton, Hancock, Hardin, Howard, Humboldt, Kossuth, Linn, Marshall, Mitchell, Polk,  Story, Tama, Webster, Winnebago, Worth, Wright counties.
© MMXIV Brown, Kinsey, Funkhouser & Lander, P.L.C. Email: Address: 214 North Adams, Mason City, Iowa 50401 Phone: (641) 423-6223
Home I Firm Overview l Attorneys l Practice Areas - Workers' Compensation - Social Security Disability - Real Estate - Personal Injury - Wrongful Death - Auto / Car Accidents - Mediation - Criminal Defense - Estate Planning / Probate - Corporate / Business Law l Resources - Contact
Iowa Business Organization Charles City Attorney Formation Fayette County Incorporation Registered Agent Limited Liability Transaction Lawyer
Web Site Design By JAKOBIE