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Loren
Loren, Attorney
Category: Legal
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Experience:  30 years experience representing clients.
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Is it ok to insure two separate business S Corp companies

Customer Question

Is it ok to insure two separate business S Corp companies and 2 llc companies all on the same policy?
Submitted: 1 year ago.
Category: Legal
Expert:  Loren replied 1 year ago.

It is better to have separate policies for each entity to preserve the individual status of the entities and not open yourself to a claim to pierce the corporate veil.

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