You have to admit – jolly old St. Nicholas runs one heck of a business operation. He employees a huge number of elves and maintains a herd of reindeer. He runs a factory that operates 24/7, along with a busy warehouse and shipping operation. He has at least one specialty vehicle, although we suspect he also needs some back-ups. Like any good business person, he needs solid insurance coverage to protect the business should anything go amiss.

Gregory Boop of About.com’s business insurance page has previously discussed the various types of insurance coverage that Santa Claus needs.

First, as an employer, he is mandated to have workers compensation overage for his elves.

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