Liability cover is a type of insurance policy. A liability is anything you are responsible for. Insurance is a promise to compensate a person for potential future losses. The person pays a fixed amount of money for this promise periodically. The company giving the promise is called an insurer. The individual paying for this promise is called the insured person.Insurance is of many types. While some are optional others are statutory. An individual...more
When an employee faces an accident inside the company then the employer is responsible for the full damage the employee faced. Or in situations where the coverage includes loss of assets through burglary, robbery and dishonesty of employee, offenses that may come from wrong advertising, slander, libel, wrongful entry and many more. In such case, this commercial liability insurance would help you tackle the situation with ease. In business it is...more
Statistics have shown that as unemployment spirals, some 2.1 million businesses are now operating at home; with this number rising substantially as time goes on. Three in five companies established on a weekly basis will not be operated from an office, equating to over 1,400 start-ups a week that are using this effective way to reduce overheads.Some home insurance policies that offer comprehensive cover include a clause that enables you to benefit from the ability to ‘telework' at home. There are some catches to this, particularly for those who have extra resources and equipment stored on their property. Because having valuable equipment could place you at an increased risk of being burgled, and because of how you are still liable for your business' output, complacency and reliance on existing policies is a mistake you don't want to make.There have been some changes to the way that policies are being offered to home businesses, reflecting the demand that's seen in the current market. You want all eventualities to be covered, and arranging public liability insurance will ensure that even a casual visit to your place of work by a client won't result in a costly claim if something...more
A study of 115 small businesses carried out by the Forum of Private Business (FPB) recently discovered that 59 per cent believe that a review of the regulations surrounding health and safety would be beneficial. A further 28 per cent believe that health and safety regulations are excessive and many feel that health and safety insurance is a burden...more
Are you looking for liability insurance TX cheapest? Liability coverage is required by most areas. Before you shop, you should be aware of the minimum requirements. Make sure you know what they are and what the coverage means. This will aid you in your quest for low cost coverage. Here are some tips to consider.The liability minimum requirements...more
 Purchasing business insurance for your office By: Lance Harewood About the Author business insurance, home insurance Texas, life insurance California (ArticlesBase SC #3073258) Article Source: http://www.articlesbase.com/ - Purchasing business insurance for your office more
General liability insurance is a must-have for any business. Depending upon the state where your business is located, the amounts of coverage you need may vary. There are currently very popular products on the market called business insurance. These...more
Arizona general liability insurance has to be specific to the business that carries it. There are generic policies out there that claim to be adequate to protect a business against liability claims. Unfortunately, not all of these policies deliver in...more
When you are a small business person, you will need to get a liability insurance quote to protect your business assets, as well as personal assets, in the event of a lawsuit. Of course, all businesses like to hope that they are never sued by a...more
Essentially, a director and officer insurance offer financial protection for the officers and directors of a specific company. This specific liability protection is available back during the 1930s. It is used in any instance a company is brought to...more
Make sure though that once you get an insurance, that insurance company should be able and willing to give you a rider that will be able to cover you if in case you are working or need to work off premises and on a particular client's house, business...more
Fears that BP will escape sufficient liability when it comes to compensating victims of this monstrous tragedy are real and well founded. The passage of the SPILL Act will certainly do great things for the recovery efforts of victims and their...more