Office Insurance - Comfort At A Minimal Price
Office Insurance - Comfort At A Minimal Price
Yesterday evening I was watching certainly one of my favourite "soapies" on television and the story went something like this: One of the individuals who's known to be the bad-guy (or in this scenario the bad-woman) in the story is also the owner of one of the buildings where a lot of the characters stay, and where two shops (a cafe and a boutique) and a couple of offices are operated from. Let's call her Jane for the duration of this story. The shops and offices are located on the ground floor, with the apartments on top. As one guy (let's call him Jack) was strolling up the stairway, a pair of delivery men carrying a dining room table came walking down. When Jack tried to make way for the table, the railing of the stairway suddenly gave way and he fell to the ground with a great thump, breaking his hand in the process.
Jack is a wedding photographer, and with his hand in a cast he is now definitely not in a position to work and make a living. Obviously, as in most stories, Jack sues Jane, her liability insurance will pay out and everybody lives happily ever after. well, just about! The only problem is the fact that just to save money, Jane terminated her liability insurance with the result that she's now in person responsible for a sizable amount of money!
That was indeed a very reckless thing of Jane to do! When it comes to complexes, workplaces as well as other public areas, insurance coverage is vitally important! The restaurant and the boutique would need protection in the event of accidental injuries, damages, thefts or fire. Office insurance would cover the content in the various offices while personal liability insurance would have saved our Jane a ton of money!
By contemplating that you don't need office insurance because you really are a small organization in a protected area is a huge judgment miscalculation. By believing that no one will get injured in your building is equally dangerous! Do you drive your car without car insurance because you believe that you'll never ever be involved in a collision? Why then do individuals take such risks in public locations such as stores and offices?
All businesses have a duty to look after their customers, vendors, distributors and any person else who visits their premises. In the case of a really serious accident, courts do not be reluctant to close down any negligent businesses.
When it comes to public or office insurance, you need to make sure that you are completely protected for all scenarios. Some claims will be covered from your liability insurance plan, but if you're a company providing advice and consulting services you would probably also need to think about taking out professional indemnity insurance cover, as not all claims are necessarily injury or accident related.
If you're unsure about what type of insurance your business or building would require it might be best if you call in the assistance of a broker that specialize in these types of insurance.
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