Private Equity Insiders Secure Essential Insurance Strategy Now
Financial Benefits and Cost Considerations
Investing in comprehensive insurance coverage can lead to significant financial benefits. By reducing the potential for costly legal battles and financial losses, insurance helps maintain the firm’s financial health. The cost of insurance varies based on factors such as the firm’s size, the types of coverage selected, and the level of risk involved in its operations. On average, private equity firms can expect to spend between 1% and 3% of their annual revenue on insurance1.