Liability Insurance Do's and Don'ts Whether you run an established business or are in the planning stages of a new business venture, the one inevitable cost is liability insurance. It is very important to have full details of the covers available to you and to be fully aware of the dos and don'ts involved in the decision making process. Here are some tips that you may find useful in making the important decisions...more
Firstly, speaking with the correct people will put you in the know and provide you with an understanding of the process and what exactly is involved. Seeking professional medical attention straight away is a must as is following health care suggestions and taking steps towards recovering physically the very best way you could.Secondly, seeking advice from an independent organisation who speaks in your language. An injury helpline for example, who...more
If youd like to protect your business from a claim that can cause financial loss and affect your credibility, you should purchase professional indemnity (PI) insurance that comes with a public liability policy. Coverage Offered by Public Liability PolicyIf youre running a business, youll have to interact with the public. This means that there can be unpleasant incidents where you may unwillingly cause damage to ones property during your work. This can lead to a claim filed against your business, which will require you to pay compensation to the client. A public liability (PL) policy is sure to cover you against such incidents irrespective of whether they happen in your clients office or home. Whether you are an IT consultant, a real estate agent or a home inspector who visits peoples homes to provide their services, youll have to compensate for a loss even though you may not be directly responsible for it. This is when youll need PI policies with public liability coverage. Itll ensure you peace of mind and help you tackle the risks that can adversely affect your business. Such a policy can insure you up to 100,000 in legal fees required to defend the claim. Most PI insurance...more
Small offices have unique needs, and that includes document shredding. Designed with the smaller business in mind, the Dahle 20314 is a cross-cut shredder that offers Level 3 security and brings you into compliance with federal regulations. The 20314 is designed to be placed in a general-use area within a small office and to be used by your team...more
Is a property an asset or a liability can be well judged only by those who value property. Property seldom loses its value. Only in some exceptional cases the valuation of a property stands with a question. Every soul under the sun craves for a property, and no matter what ever the size is when one avails a share, it becomes an eyebrow raise...more
Insurance covers are used to protect individuals and businesses from risks that could lead to losses as a result of unpredictable circumstances. Clients pay up a certain amount of money known as premium, in exchange to having their risks catered for. Liquor liability insurance is a cover that protects businesses against liquor related claims. Actions of drunk people and which may lead to damage and hence lawsuits are covered in this type of insurance.Such actions may include crashes caused by an intoxicated person. Many businesses are exposed to damage by drunk people, and hence the liquor liability cover is important.Both host liquor liability and liquor legal liability protects businesses from the damages, either property or bodily that could be caused by an intoxicated person who has been served liquor at the business. However, the difference comes in depending the circumstances under which the liquor was served. The host liquor coverage protects your business against either property damage or bodily injury suits from the injured party, resulting from the actions of an intoxicated guest who was served liquor in an event you hosted. This is normally a commercial general liability...more
Bestech Developer successfully launched the most premium residential project of Bestech Park View Grand Spa. It is one of the wonderful project that possess each and every facilities which is being required in order to provide you grandeur lifestyle....more
What is Employment Practices Liability Insurance?Employment Practices Liability Insurance (EPLI) typically covers allegations of discrimination, wrongful termination and sexual harassment of employees. A decade ago, when many insurance companies...more
As a small business owner or manager, you may be aware that public liability insurance is not actually a legal requirement. You won't face a prosecution and a fine for not having it.Does that mean you can do without it? No. Because...more
When it comes to accidents at work and illnesses caused by dangerous working conditions, most people would think that they are issues confined to the construction site, factory or other places where there are obvious hazards. But the true picture is...more
Choosing a virtual office is vital that it may make great influences on the businesses.A true virtual office can allow us to meet with clients in a professional meeting room environment at the location with satisfaction. It's all right that we...more
Litigation in some countries is rising along with the rise in popularty of fitness and industry growth.You need to protect yourself aginst the risk of legal action and damage clims by getting liability insurance.Liability insurance can...more