Every business requires a fair amount of risk to be undertaken to explore new opportunities and territories. However, there are some risks that one can be protected against and insuring your business gives you the opportunity to be prepared for any liabilities in your line of work.Businesses, irrespective of their nature i.e. manufacturing entity or a service provider, have to deal with a range of unforeseen circumstances during their normal...more
If you own a vehicle then it is important that you should avail the cheapest sr22 insurance.The Cheapest sr22 insurance is a certificate that is compulsory for the vehicle owners that are found driving under influence (DUI). Such type of document is necessary for the drivers. If you do not possess this certificate then you might get into trouble. When you avail this insurance then the public will be protected and also the other vehicles. This...more
If you own a small business, its expected that youll do your best to make sure that your employees dont have to face illness or injury due to work. Just in case they suffer from illness or face an accident, they can sue your business for the required compensation. This is when you may need Indemnity insurance to protect your business and get coverage against claims made by your employees. What Are The Types of Coverage? Insurers offer two types of policies in order to protect businesses against claims made by others. Public and employers' liability insurance: This policy offers coverage when you are required to pay compensation for an accident caused to your employee and your business is considered to be at fault. It also covers you for any claim made by your client, a member of the public or an independent contractor whos associated with your business. The best thing about this policy is that it covers you for the damages caused to your employee within as well as outside the workplace. Employers liability policy pays for the legal and compensation costs and covers anyone offering voluntary help for your business. It covers claims up to 5 million for injuries caused by...more
You have been paying your life insurance for more than five decades and then suddenly, just when you are about to fill up your insurance claims for that lifelong retirement dream, you are told by the insurance company that you still have to pay some fees to be eligible for it. All of a sudden, those dreams of that retirement home along white and...more
If you are a hotelier, you may have to face risks and legal liabilities. This is when you will need hotel insurance. Read on to find out what the best insurance policy could cover for your hotel. Hotel Insurance Coverage You will get the following coverage through a hotel insurance policy. Public liability cover: Public liability insurance policy...more
If you run a hotel, it is likely that you will need to purchase a hotel insurance policy. This plan will cover damages or illness caused to your employees or claims made by your guests for damages they have faced while they stayed at your hotel. However, you need to keep in mind certain aspects which will help you get the best coverage to protect your hotel business. Things to Keep in Mind When Buying Hotel Insurance There are insurance companies which offer policies to hotels, guest houses, motels, bed and breakfast, budget hotels, and large metropolitan hotels. However, not each of them may offer coverage to all the accommodation types. Hence, you need to find out which insurer can provide you coverage for your kind of hotel. The next thing that matters is the type of coverage a hotel insurance company is willing to offer. The policy should cover damages caused to the building and its contents for the exact value. This is to ensure that you can get back the hotel to its original position. In addition to the coverage offered for rebuilding the hotel, the insurer should offer liability insurances for your employees and the public in case they suffer injuries. The hotel insurance...more
With ever changing scenarios and complexities in the life styles and working conditions of people everywhere, there are various risks and perils that can happen to everyone around the globe and this leads to thinking that insurance is needed to...more
Unit Linked Insurance Plan is a special type of an insurance plan which provides the dual benefit of a risk cover as well as wealth creation. The performance of these insurance plans is linked to equity or debt markets. In a ULIP investment, a part...more
Any construction project involves a big deal of manpower and money. Whenever you implement a construction project, you are risking your property, your money, and the lives of your construction team. Your contractors are risking their health and lives...more
Nightclub insurance is a very important insurance product. Bar insurance policy is an essential sort of insurance that all bar owners should buy, since there are abnormal risks connected with the entire process of this sort of company. If you acquire...more
Whenever you go to a special occasion, you could be so dazzled by the decor, meals, consumes and amusement that you do not give passing thought to all the risks hiding around every corner. However as a party coordinator or host, it's your job...more
Taxes are unavoidable, whether you are a government employee or a businessman. Most people plan and take bonds, insurance, mutual funds and other ways to reduce their tax amount or at least get some tax benefits. However, insurance plans are not only...more