Income Protection Insurance Pre-Claim Checklist Income protection insurance is one of the 'gold standards' in insurance, offering every ordinary working person the safety net that many of us end up needing when we can't work for a period. However, income protection insurance is not always a straightforward policy, and the claims process can be quite involved. Today we give you a handy pre-claim checklist if you're ready to call on the...more
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 otherwise. Insurance companies in Maryland can be great for helping you figure out exactly what kind of insurance coverage you need.Everybody is in different insurance situations. Insurance companies are a business and charge you rates based on the risks they think you represent. For example, younger drivers cost more to insure because they are more prone to be reckless and do not have the experience to make optimal decisions to avoid accidents. After the age of 25 many insurance companies will reduce the rates of drivers.Something like being married can reduce your insurance. If you are married, it means you have a family. This makes it more likely that you have someone close to you and that you will drive carefully to protect both yourself...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...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 commercial business.The basic insurance for a van or lorry is the same as other vehicle insurance i.e. third party, third party fire and theft or fully comprehensive insurance. Fully comprehensive is the only type of insurance that will repair or replace your vehicle and pay any medical and personal costs arising from an accident. It is essential that you get the right type of commercial vehicle insurance, as getting it wrong could have an adverse effect on the running of your company.Likewise you'll also need to insure your offices and haulage yard appropriately and adequately. Commercial insurance will enable you to tailor a policy to suit your business needs, part of the process involves risk management and for this reason it is wise to ask the advice of insurers who deal with this type of insurance.There are many reputable insurance...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...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