Liability insurance protects a person or company in the event of being suited. Self employed liability insurance is the insurance that a person who runs his or her own business can buy to protect themselves. This insurance is vital to any business that provides any public contact, product or information. A lack of this insurance can result in very damaging law suits and fines if a self employed person is found in fault of a loss or injury. These...more
You left your long-time employer to pursue your dream of opening an art gallery. You developed a business plan, signed artists, leased the perfect downtown location, and spent what money was left advertising the gallery's grand opening at the end of February. Not the best time of the year, but it has been a warm winter and you hope for a good turnout. You didn't count on the late-season ice storm and despite your best attempts to clear the frozen...more
In today's business environment, any small business operating without adequate liability insurance cover is sitting up and begging for trouble. And guess what? As sure as God made little green apples, it will find them.To operate any business today without having all the insurance coverage needed to cover yourself against litigation costs, has the likelihood of the owners not only losing their business but also many personal assets like their home. When things go wrong, they can go horribly wrong.Today all Australian trade contracting businesses are required to carry liability insurance and can't even quote any Government job unless they show proof of a $5,000,000 liability insurance policy attached to their tender papers. Builders can't start building until financing has been approved and part of that approval from some financial institutions includes the applicants presenting a certified copy of Builders Insurance to guarantee that the work they start has the financial means in which to complete the job. Perhaps this requirement could be a disincentive for people building a new house instead of buying an existing house, but over the years there have been too many new home owners...more
As a business owner, it is important that you cover all bases and make sure that you don't leave anything to chance. Public liability insurance can be vital for many companies and without it you may well end up being faced with a huge bill if someone makes a claim against you.Public Liability Insurance Is A Must Have For Many Businesses By:...more
Identity theft is a constant threat to personal security for individuals and businesses. Criminals can do more than just steal money from you if they steal your personal identity; they can become you. Criminals can apply for driving licenses or passports in your name and they can destroy your credit rating by committing your name to loans they...more
At one time or another, just about everyone dreams of becoming self employed. The thought of setting their own schedule, answering only to themselves, and following a dream is intriguing. Much of time, while daydreaming from a desk, a future entrepreneur doesn't consider all that goes into starting a business. When venturing out of the job force and into self employment, there are several things to consider. Taxes, licenses, and setting up the business structure are all important items on any new business checklist. Sometimes forgotten, yet one of the most important, is protecting personal assets with self employed liability insurance. Self employed liability insurance is a necessity for all small business owners. Especially since the majority of small business owners merely set up a sole proprietorship because of its ease. As a sole proprietor, all the business owners' property and personal assets are susceptible if there is an unexpected lawsuit. Consider a dedicated home office where a person meets with clients. All it takes is a simple accident during a meeting to potentially wipe out a lifetime of hard work. So how does a business owner protect themselves?People...more
Select Cushions For Your Bistro Considering Your Careless Clients By: Kenny F Leichester About the Author patioshoppers.com - a site with the biggest selection of...more
In many states, including Texas, liability auto insurance is compulsory. It is important to find cheap liability insurance in Texas to ensure that you are covered. Most cars are involved in an accident at one time or another and therefore you should...more
Corporation as an LLC Member A corporation can be a member of an LLC. This allows you to create an additional level of ownership, which is designed to create an entity that can offer such traditional fringe benefits as retirement plans and an...more
Professionals like doctors, lawyers and accountants are bound to provide service according to high quality standards set in their respective fields. Mistakes occur in each and every profession but if the service or treatment provided causes damages...more
If you own your own business, you may need to invest in self employed liability insurance. Lawsuits are very common in this day and age. You don't want to leave yourself and your business open to liability that can destroy your company's financial...more
After years of dreaming and planning you have finally struck out on your own and now you are your own boss. What a great feeling it is to become an independent contractor, an entrepreneur. You can breathe a sigh of relief because you are not only in...more