Securing sensitive corporate data and ensuring fast access to the massive data amounts are the tough challenges that must be met with rock solid reliability. A security breach or tampered data can halt your business activities, and you might lose trust of your loyal customers. The organizations are burdened with the growing infrastructure complexity and the rigid government legislations that demand data preservation for longer time period. LTO...more
Liability related to goods delivered in market will be termed as product liability insurance which will be a wholesome plan to protect business from evils. It is all about finding great plans to protect your business through insurance coverage suitable to help any condition. While startup plans implemented gains huge profits, if we lose way to success, due to liability compensations, only insurance will be the security provider in such situations...more
A business needs to purchase general liability insurance to protect from products, advertising injury, and property damage claims. Regardless of whether you are a small or large business, you need to purchase adequate coverage to make sure that your business does not suffer financial harm, thanks to any such lawsuit.General liability insurance is an assurance against risk, providing a business protection from injury and advertising claims. Damage to business property is covered as well unless you not purchased the coverage. The insurance pays for the costs of defending or settlement of claims.Four basic claim categories covered by general liability insurance are bodily injury, property damage, personal injury and advertising injury. Bodily Injury It would cover medical expenses and other damages if a customer or other party suffers injury caused directly or indirectly by your business.Property Damage It provides the coverage you need if your business causes damage to a persons property.Personal Injury It compensates for claims that do not fall under bodily injury like lost wages, libel, mental anguish, etc.Advertising Injury The claim involves slander, libel or copyright...more
How to Reduce Office Costs in Your Business or Home Office in a Good Way If you would like to save your more money while running a business, it is better for you to consider energy conservation and recycling. There are some things you can do if you are interested in minimizing your office cost in your business or home office so you...more
Liability Insurance is one of the most common and availed insurance policies that are found in the market today. The reason for its great popularity is that it is really affordable as compared to other insurance policies. The other available insurance policies are relatively very expensive as they envisage wider area for insurance coverage. For...more
[caption id="attachment_331" align="alignnone" width="300" caption="My Sad Upsetting Failed Hard Drive"][/caption]When it comes to protecting your practice you carry insurance to protect the building and your practice. Now I want to protect all of your valuable patient information. I don't want to scare anyone, but many offices are not recognizing that they have eliminated their charts, they have no film Xrays and no written ledger for their financial information. All of that extremely valuable data is hanging out on that big expensive computer we call the server. The average life span of a server hard drive is about 5 years. There is also nothing to stop the data from being fried by viruses, memory corruption, power failure, floods, fires and tornadoes.If this scares you or concerns you it probably should. I have been there at the bad side of this situation countless times. When I have to call a doctor and ask him do you have a backup? There was a failure in the RAID array and bad data was written and corrupted your Dentrix folder making it unrecoverable.The conversation went downhill from there. Because the data was corrupted and not an actual hard drive failure the options...more
There are many types of insurances and you may have heard of all sorts of insurances. In the other scenario, you may only know about a limited range of insurances. There are life, car, health, financial insurances and many more. They are very useful...more
If you own a homeowners or renters insurance policy there will be personal liability insurance coverage included. It can protect you in the event you become liable for an accident in or outside of your home and are responsible for medical costs of an...more
In the U.S. millions of people own dogs which have resulted to be the most popular pet. Dog parks, dog runs, and doggie day care are all extremely popular places for these pets, and owners of these animals spend thousands of dollars a year taking...more
Cakes, cookies and pies: You still need liability insurance It matters not if you bake those chocolate chip cookies once a week for the community center and sell them to make extra money for your son's little league uniform; if...more
Every business venture in any part of the world is subjected to several constraints and one of these is the liability that one needs to consider and protect. The liability is a consequence of various errors and omission (also known popularly as E&O)...more
Well, this is exactly what Liability insurance is all about. It will cover any losses or damages incurred by another party, but it will offer no protection to the policyholders own possessions or physical health! You may think this is a fairly...more