Have you priced a burial insurance policy yet? While no one likes to think about loved ones dying, consumers today need to do as much pre-planning for this final expense as they possibly can. It is estimated today that on average a basic funeral easily exceeds the $10,000 mark.With the way our economy keeps changing and people keep losing their insurance coverage and retirements it is important for consumers to consider other options to help...more
Risk Assessment For Insurance Companies Almost everybody has a car these days. Its a necessary tool for most of us, to get to school or work, to buy groceries and run errands, and just to simply fulfill the needs of everyday life. Because you use it so often it is also more likely that eventually you will get into an accident of some sort. This is why you have insurance, it guards against events that might incapacitate you financially...more
Error Omission Insurance-3 Frequently Asked Questions What is error omission insurance? It covers a business when it is sued because they failed to meet expectations. This is a huge assistance, because in many instances lawsuits can require you to pay a huge sum of money, rightly or wrongly. Therefore, having coverage is very important. Here are three frequently asked questions about the topic: #1) What kind of businesses should get this?Obviously, in theory every business could. However, for practical purposes, some companies need it more than others do. For this reason, professionals, such as attorneys, architects, accountants, etc, commonly hold this type of coverage. #2) How much will you pay?The reality is, the policies offered are dramatically different, as the needs of each company will be different. It really depends on what kind of business you are in. After all, mistakes for some businesses are more costly than others. For instance, if a fast food company gets an order wrong, it really does not have much of an impact. No one is going to sue it. However, if a construction company messes up a major building project, the legal fees could be enormous. Therefore, it...more
The global economic crisis has hit everyone and businesses everywhere are finding it difficult to keep their heads above water. The credit crunch has also affected insurance for commercial properties. The property market in general has suffered in difficult economic times as property prices have dropped considerably. There is a direct link between...more
If you run a haulage company then you will need a good deal of insurance to keep it running properly. It is essential that you get the right kind of policy for your business vehicles, whether your company vehicles are small vans or three and a half ton lorries, they need to be properly insured along with the premises from which you run your...more
As a business owner there are all kinds of worries when it comes to protecting your business assets. You might have commercial vehicles that are on the road if you are a service business, or you might be working out of your home and have customers who visit your property occasionally. Commercial legal expenses, public product liability and negligence or shop and retailer problems can be causes for concern, but if you have the proper commercial insurance cover, you can forget about a lot of these worries.It can give you peace of mind to have the proper business insurance cover in place and it is a small price to pay, when you consider that lacking the proper commercial insurance cover can end up ruining you financially and personally. It doesn't take much to turn a good business day into a horrible one and if you deal with the public, this is something you need to think about because you never know when an accident can happen involving your business property.Having the proper commercial insurance cover is very important for all kinds of businesses. No matter what kind of business you are in, it is important that you are always protected from a mishap, whether due to natural causes...more
Many businesses think they should just get the minimum insurance cover required by law, when they are first starting their business, but that might not be the most prudent way to think. You need to get adequate protection for your assets because a...more
When you are starting your business, you might not have to worry about too many assets, but it is important that you assess your insurance needs on a regular basis.While many business owners will get the required general public liability or...more
When you consider the wide range of products and services that are available to help you manage business risks, it might seem like more practical advice and information than you think you might need.The thing to keep in mind is that your personal...more
When you are operating your own business, it is important that you protect yourself and your company from lawsuits and natural disasters that might occur. Because your business might be growing, it is important that you have the proper commercial...more
When you own a business, it is likely that you have a lot invested, either monetarily or in hard work or maybe, both. If you deal with the public, you always have to be worried if it is all at risk, unless you have the adequate commercial cover to...more
When you have a growing business, it is important that you consider the amount of commercial cover you have, on an annual basis, at least. It might be more important to analyse your needs more frequently, if you have experienced a jump in the worth...more