Based on the U.S. Department of Labor statistics, some states have reported unemployment rates of 12% or higher. As jobs continue to vanish, job-seekers are looking for ways to replace their income. What better way to accomplish this endeavor by embarking on a new business or becoming an independent contractor? As you consider the advantages of working for yourself, self employment liability insurance becomes one method by which you can protect...more
If you're a contractor, then you know that you are responsible for many things. Everything from your employees, the project, the client, and the business rely on you to make the right decisions. Because of this, there are many risks to being a contractor and you should consider getting contractors liability insurance to protect yourself from any losses. Even though you are not working on the job, you will be responsible if anything happens. ...more
Are you in a service oriented business? If you're a tradesman then you know that there are many things that can go wrong from the service not being successfully completed, your equipment breaking or being getting stolen, and somebody getting injured during the job. These are the reasons why tradesman liability insurance is so important. It protects you from the worst possible situation. Tradesman liability insurance is basically a policy that protects you from different situation. Public liability is one of the biggest risks for services oriented businesses and professionals. What if one of your employees hurts himself during the job? What if something goes wrong with the job and a pedestrian gets hurt because of it? This can lead to serious consequences.You'll have to cover the medical fees for your employee which can cost thousands of dollars. Pedestrians can take you to court and sue you for a large sum of money. Many professionals and businesses do not have the extra money to pay for these kinds of expenses if they are hit with a public liability case. That's why tradesman liability insurance is so important. Many businesses and professionals do not think that...more
When a company decides to buy liability insurance it is essential to consider the various factors that are required for taking a policy. A policy can be purchased depending upon the no of employees and the nature of risk involved. For instance, a company will be engaged in using heavy machineries to manufacture a particular product. In such cases,...more
We are well aware of the fact that risks are part of our lives and it can be related to a third party or us. If you run a private practice, you come across several clients in your day-to-day life. If you have experience and the necessary skill required to render service, clients will approach you but what if you fail to perform your duty properly...more
Liability insurance protects you against the nasty consequences of accidents. As you assess your insurance needs, protecting yourself, your family, your home, and your car, you should show healthy respect for Murphy's Law, expecting that whatever can go wrong will go wrong. And, as it goes wrong, it usually will involve the next-door neighbour's child. Liability insurance for your carThe law requires that you carry liability policy on your car. If you fail to show proof of adequate liability insurance, the government may suspend your driving privileges until you comply with the law. If a law enforcement officer stops you for a routine traffic violation and you fail to provide proof , you may be taken to jail and your car impounded.Out there in a big world full of reckless drivers distracted by children and cell-phone conversations, your auto liability policy is worth every penny you pay-especially your uninsured motorist protection. Setting aside the legal mandate, consider the practical wisdom of liability insurance on your auto: If you caused a little fender-bender, you might absorb the costs of the other motorist's medical attention and auto repairs. If, however, the...more
A Power Distribution Unit (PDU) is a highly reliable, multiple-outlet power strip often used in conjunction with an uninterruptible power supply (UPS). In a networking environment, where devices need to be continuously powered, many in use today...more
What Is A Claim Made Professional Liability Insurance Policy? By: Olson Duncan About the Author ISU Insurance Services – The Olson Duncan Agency is an independent insurance firm uniquely affiliated with ISU International. ...more
Finally if you have more than one motorcycle, it would be better to apply Canadian motorcycle insurance with one insurance provider for all the vehicles together to get the multi vehicle insurance discounts from the insurance provider.Canadian...more
LLC's provide most of the benefits available through limited partnerships but, in addition, also provide limited liability protection to ALL of the LLC members. Certain advantages of an LLC over other entities include:1. The LLC permits the...more
Rules, regulations, and laws regarding LLCs differ depending upon jurisdiction. Thus, individuals interested in forming a United States LLC are advised to contact a licensed lawyer from the jurisdiction where business or administrative functions are...more
Some foreclosure cleanup companies are saying they are being asked for proof of Errors & Omissions insurance by larger contractors before they can act as a subcontractor. Here is a query received from a foreclosure cleanup business colleague just...more