Sent some more first invoices today! For Entrepreneur Twitter, here's a breakdown of that sales cycle. https://pastebin.com/t2au13Hb pic.twitter.com/d1aaApddr8
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You can even sell that as a better option for customers than uncapped liability, since insurance companies will quickly settle and pay for covered claims. My phrasing was "I don't expect to screw up so badly you'd sue me, but if I do, Warren Buffet says he is good for it."
(Killing the joke: My carrier was USLI, which is a Berkshire Hathaway company.)
we do this kid of insurance thing all the time for clients on both sides of deals (i'm not your lawyer, ymmv, this tweet not legal advice etc)
It is astounding how quickly the insurance company mandated terms go through legal departments at giant institutions. It's surprisingly affordable for what feel like large sums of insurance too. The required process docs are pretty good to make anyhow.
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