Is Liability Insurance a Must to Go Global?
My small manufacturing business sells to companies in the U.S. and Canada. I've had inquiries from companies overseas who want to buy my products, but my product liability insurance doesn't extend globally. My current business owner's policy costs $500 a year. Quotes for adding the global liability were $5,000 annually. Can I expect to find a better price? —A.P., Windham, N.H.
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