Every type of business is different, so an insurance policy which is ideal for one will probably be of no use to another. In fact, insuring your business can be quite a complicated affair compared to other types of insurance.In this article, we'll take a brief look at the basic fundamentals of having your business adequately covered.First and foremost, you need to understand that the term 'commercial insurance' doesn't only apply to one single...more
Finding the best type of insurance for your business can be quite challenging, particularly if you run a very unique kind of business. The good thing is however, no matter what business you're in, you can be rest assured that there are many insurance companies in the UK who are able to meet your needs.In fact, finding a provider is the easy part. The difficult part is finding one which is willing to offer you cover for a decent price.When it...more
Let's put it this way, if you've taken out the correct type of cover, your insurance should cover in any eventuality, rather than only when you're suddenly faced with a lawsuit. In other words, a good policy would cover your business premises, it would cover all your equipment and business assets, it would cover you, and it would cover any employees you may have.For example, many businesses have suffered serious losses in the UK due to flooding in recent years. For some, the damage to their property was so severe they were forced to close down while repairs were being done. Many also incurred losses not only because of structural damage to the property, but also because of damage to equipment and/or stock being kept on the premises.Those business owners who had adequate commercial insurance at the time would not only have been compensated for the damage to their business premises, but they would also have been compensated for any other damages. In fact, if they were forced to shut down temporarily, they would have received compensation for loss of earnings as well.Unfortunately for those who did not have insurance, many of them are more than likely living off income support from...more
The information provided herein is not intended as legal, accounting, financial or any type of advice for any specific individual or other entity. You should contact an appropriate professional for any such advice.Captive Insurance and Section 79 Scams, 419e and 412i Producing Large IRS fines By: Lance Wallach About the Author ...more
We are all familiar with the law. Any person who is driving a vehicle must have a valid insurance policy. Whether you drive a sports car, an SUV, or even a motorcycle, if you get caught without insurance, you better be prepared to pay a very hefty price. It's definitely not fun coughing up a monthly insurance payment, but ask anyone who has ever...more
One of the main principles of financial management is prudence. The concept of prudence - in this context - refers to having a long term view and displaying sufficient financial acumen. As a risk-management tool, the concept of insurance is premised on financial prudence- protecting your assets, life and health. Maybe this is you. You have always wanted a motorcycle, but have never taken the leap and bought one. When you were young, your parents were dead-set against a motorcycle of any kind. So, you gave up, bought a car and lived your life. But now, you are an adult, and you are ready for your first motorcycle.It is not uncommon for people to know that really qualify cheaper premiums because the area where they live or their age. Often, one region has a high crime rate, then the individual will be able to get a discount on your premiums for living in this area. What could be better than having the same full coverage that will pay a lower price? a motorcycle is dangerous. All vehicles motorcycles USA Everybody has heard a story or an auction for only $ 250 buy $ 9000 salvage motorcycle, read to someone. (They have a budget that will not tell them I do not know. ) These buyers...more
Claim Back Single-Premium Payment Protection InsuranceIf you live within the United Kingdom and were mis-sold payment protection insurance during the last six or so many haven't taken the time to file to reclaim ppi payments; it's not too late and...more
As time goes on, it will be likely that there will be changes in the way Medicare operates. It would be advantageous to be ready to prevent getting stuck with uncovered bills, higher deductibles or unexpected costs. Medigap Plans can ease the...more
Intelligent owners of homes seek ways to reduce their insurance in Maryland. Combining polices and adding a security system can reduce their cost by up to 20%.Reducing the Cost of insurance in Maryland By: Renee Walker About the...more
If you manage a large company, finding the ideal insurance package can prove to be a daunting task, but if on the other hand you only own a small business, finding adequate cover is a relatively simple task, and contrary to what you may believe, it...more
It can be an overwhelming task siphoning through the massive tons of words printed on insurance documents. Unless you've been subjected to this process many times in the past, your unfamiliarity is your greatest obstacle.If you are a brand new proud...more
One important thing to remember is that claims have to be made within a certain time frame, which varies according to the type of USPS service you have used.How To File An Insurance Claim With The U.S. Postal Service By: Jane M Dawson ...more