When an insurance company cancels or chooses not to renew your business insurance, it can happen for a number of reasons and it may have nothing to do with your actions.On the other hand, if you fail to pay a premium, or you have made serious misrepresentations on your insurance application or committed fraud, it is possible the insurer might cancel your policy or decide not to renew your protection.Non-renewal is classified as when either you or...more
There might be UK companies that have special insurance needs, they might not have the special protection they need and not even know it. There can be catastrophic consequences for the businesses that operate on a global market, so those that export goods to other countries need to take special diligence in seeking the right insurance for their business.Consider recent consequences for a car company or oil company that serves a worldwide market...more
If you are in a business that faces unique risks because of the type of business you are in, you might need something beyond the average business insurance package to protect you.If you are in a particularly risky business, your premiums can be much higher than the average business, but it is important you find the unique insurance cover you need for all of the risks your business is exposed to.The proper business insurance will protect your assets, in the event of disaster and give you the peace of mind in knowing you are protected, even though you face higher risks than the average business.There are commercial insurance protection options for those that own petrol stations, are in the security industry or might have higher risk buildings, such as nursing homes or function halls. Unique insurance is needed for those that have commercial vehicles that haul hazardous goods, or have other business' goods-in-transit and having the adequate cover for your unique needs is important.Consider the exposure to risk that can happen with engineers and architects, if they were to design defective buildings or the potential liability of those that run pubs, clubs and wine bars. The additional...more
This might on the surface seem perfectly reasonable, but the reality is that once you take the entire event out of a home and place it in a public venue most people's insurance policies are no longer valid. Credit card payment protection may only covers payments up to a certain amount, and there is simply far too much of the wedding that is still...more
When it comes to a growing business, your business insurance should be evaluated on a regular basis. There are many reasons for this, but primarily, your exposure to risk and claims is greater, the larger your business becomes.In addition, as your business becomes more valuable, you need adequate insurance to protect your assets, both business and...more
Have you applied for a loan or a credit card? Of course you have. However, there are huge chances that you may not be aware of the things that are added on to your loan agreements. At the time of sale, you must have got a very brief or almost no information on what else you were being sold with the loan or credit card service. Payment Protection Insurance is one such insurance plan that is usually added along with these loans. But this holds true only for those loans that have been bought prior to May 2009. If you are not already aware of the reason why this happened you must read along.Payment Protection Insurance (PPI) plans were a genuinely valuable product of customer importance since it is the insurance plan that claims to cover all your loan premiums and interests if you were to be victims of unemployment, sickness, accident or redundancy within a given period. This seemed like a good deal since factors like unemployment, sickness and accidents can never be predicted and when you are in dire need of money due to lack of income or being rendered physically unfit to work the loan providing companies would act upon thePPI and take care of all your debt repayments. However, what...more
People buy health insurances as during times of need medical expenses may be high and it may be difficult to afford those without any kind of health insurance plan. For using the best facilities at hospital to make them feel comfortable like home, it...more
Insurance plans are for insuring your self while accidents or for any major surgery. Now you can even insure for your family members. You get many benefits from health insurance in California. The main benefit of health insurance is that they almost...more
Business interruption insurance is coverage for lost profits or earnings during a forced closure on your business. Some expenses of the business may also be covered in this policy. The best part of the policy is the peace of mind it brings to the...more
India has slowly begun to grow out of the conditions of economic backwardness and the people of India have got money in their pockets for business and investments. India is no more the India as it stood fifty years back but it is becoming one of the...more
Installing and getting anti-theft devices on your vehicle or home is one of the first things that you can do for you to be able to get affordable insurance premiums. Regardless if you install automatic anti theft devices or opt for one that can be...more
Business growth is a difficult term and involves a lot of factors. Business insurance online was a relatively newer concept but in short period of time it has got tremendous market response and acceptance. But at the onset it should be declared that...more