Hi, I'm Ernie Bray. Today, I want to talk a little bit about what insurance an S-Corporation needs. Now, as an owner of the S-Corporation and as a business owner, you have to think, why do I need insurance? Well, you want to protect yourself. While nothing protects you entirely, you need to think in building layers. Now, when I first started my business, the first layer that we built, was general liability insurance. That's kind of the cornerstone that you want to build your foundation of insurance on. Then, as you grow your business, you build, such as buy an E and O insurance to protect you, in case there's errors and omissions in the service you provide or the product you provide. Then you can add on Workers' Compensation, the moment you add employees, that's a requirement. Then, you can have property insurance to insure the property of your business. Then, you'll need Directors and Officers Insurance as you get bigger, because you become more of a target, as you get bigger and more successful. EPLI Insurance is also very important in this litigious society. So, as you grow, the needs for your insurance will grow as well, as the size of your business. So, my advice is this, meet with a very qualified insurance agent, sit down and go over the types of insurance they would recommend. And they can help you at the stage at what your business is. But you want to find out right at the start, build the cornerstone policies and then, find a package that suits your business's needs. Hi, I'm Ernie Bray, and thanks for listening, I hope these tips help you in your business.