Discover how Richmond’s Military Retiree Club helps veterans stay connected, serve their community, and protect their businesses with the right insurance.
A Legacy of Service Beyond the Uniform
The transition from military to civilian life is a journey that many veterans face with honor and resilience, and a continued sense of purpose. In Richmond, Virginia, the Military Retirees Club (MRC) has served as a cornerstone for this mission, offering retired service members a home base to support one another and the broader community.
Known by their motto “Still Serving”, the MRC has spent over 50 years connecting veterans through events, outreach programs, and business ventures, proving that service doesn’t stop after discharge. For the many MRC members who run or support veteran-owned businesses, protecting their hard-earned work is just as important as building it.
Veteran-Owned Businesses: Mission-Driven, But Not Risk-Free
Veteran entrepreneurs bring unmatched discipline, leadership, and grit to the table. But while those qualities make for incredible business owners, they don’t shield against the real-world risks every small business faces.
Whether it’s a slip-and-fall accident at a retail location, an employee dispute, or unexpected downtime due to equipment failure, veteran-owned businesses are exposed to the same hazards as any other, sometimes more so. That’s where the right insurance strategy becomes part of the mission.
Yet many veteran business owners assume a basic general liability policy is enough. In reality, that’s just the beginning.
The Top 3 Coverage Gaps Veteran-Owned Businesses Should Address
- Employment Practices Liability Insurance (EPLI). Veterans often lead with a people-first mindset. But even the best teams face internal challenges. EPLI covers lawsuits related to hiring, firing, harassment, and discrimination; issues that aren’t covered by general liability.
- Commercial Umbrella Insurance. Veteran-owned businesses that operate in high-contact or high-risk industries (think restaurants, logistics, consulting) are particularly vulnerable to lawsuits that can exceed standard liability limits. Umbrella insurance provides a critical buffer.
- Business Interruption Coverage. A veteran-owned gym, auto repair shop, or IT company can’t generate income if its facility is forced to close due to storm damage or fire. Business interruption insurance helps replace lost revenue and cover overhead during downtime.
These coverages are often skipped because they’re misunderstood, or because no one’s taken the time to help the business owner think through them. That’s why we believe veteran-owned businesses need more than just a policy; they need a partner.
The Military Retiree Club: Still Serving In Business and Beyond
We’re proud to support the Military Retiree Club of Richmond. Their presence is more than just a gathering place. It’s a living network of service members turned leaders, many of whom are now small business owners, nonprofit founders, and community changemakers.
From hosting monthly events like First Friday to organizing community meals and providing veteran wellness resources, MRC empowers veterans to keep serving. And part of that ongoing service includes building and protecting businesses that support their families and their neighborhoods.
Whether it’s a catering business, a cleaning service, a barber shop, or a consulting firm, MRC’s members are out there making moves. And we’re proud to help protect their progress.
Are You a Veteran Business Owner?
If you’re a veteran, especially if you’re a member of MRC, we’d love to help you review your insurance portfolio.
Let’s make sure your business is protected with the same dedication you brought to your military service.
📅Schedule your complimentary review with Tiffany
Want to Support MRC?
Learn more about their work and upcoming events here: https://mrcclub.com/
