As our society becomes more and more litigious it becomes more and more important to have indemnity insurance in place and of a sufficient amount to cover any possible legal fees and losses should you be sued. Make sure to discuss your coverage every year with your insurance representative.Indemnity Insurance Simplified By: Xroadstech About the Author Insurance has more information (ArticlesBase SC #3459439) ...more
The issue for may well men and women is that the Endowment companies are seeking to rely on old warning letters that pre-date the existing colour coded strategy. Letters that happen to be sent in 2001 / 2002 before the widespread publicity to the rights individuals must complain, may well very well harm a buyers proper to acquire compensation.Tend not to get caught by this rule. Usually do not lose your right to compensation by sitting back and...more
Insuring your business need not be a nightmare, but of course much depends on how you go about it. Basically, the more you understand about insurance companies, and what they look for when you apply for cover, the better your chances are of finding an insurance policy you can rely on, and one which isn't going to cost you a fortune.Unfortunately, many people just rush into things head first, and the result is they pay far more for cover than what they actually need to. Insurance companies take several factors into consideration when you ask for a quote, and obviously, if you know what the key factors are, you'll have a far better chance of securing affordable cover.Something else you need to bear in mind is that commercial insurance is actually quite a broad term, and in fact, it can incorporate various types of insurance. For example, your commercial insurance should ideally include all your insurance requirements. In other words, it should include your business vehicles, your business premises, your assets, and even your employees.If your business premises were to be broken into, you need to know that your insurance company will pay for the replacement of any goods which may have...more
Every type of business is different, so an insurance policy which is ideal for one will probably be of no use to another. In fact, insuring your business can be quite a complicated affair compared to other types of insurance.In this article, we'll take a brief look at the basic fundamentals of having your business adequately covered.First and...more
Finding the best type of insurance for your business can be quite challenging, particularly if you run a very unique kind of business. The good thing is however, no matter what business you're in, you can be rest assured that there are many insurance companies in the UK who are able to meet your needs.In fact, finding a provider is the easy part....more
Let's put it this way, if you've taken out the correct type of cover, your insurance should cover in any eventuality, rather than only when you're suddenly faced with a lawsuit. In other words, a good policy would cover your business premises, it would cover all your equipment and business assets, it would cover you, and it would cover any employees you may have.For example, many businesses have suffered serious losses in the UK due to flooding in recent years. For some, the damage to their property was so severe they were forced to close down while repairs were being done. Many also incurred losses not only because of structural damage to the property, but also because of damage to equipment and/or stock being kept on the premises.Those business owners who had adequate commercial insurance at the time would not only have been compensated for the damage to their business premises, but they would also have been compensated for any other damages. In fact, if they were forced to shut down temporarily, they would have received compensation for loss of earnings as well.Unfortunately for those who did not have insurance, many of them are more than likely living off income support from...more
The information provided herein is not intended as legal, accounting, financial or any type of advice for any specific individual or other entity. You should contact an appropriate professional for any such advice.Captive Insurance and Section 79...more
We are all familiar with the law. Any person who is driving a vehicle must have a valid insurance policy. Whether you drive a sports car, an SUV, or even a motorcycle, if you get caught without insurance, you better be prepared to pay a very hefty...more
One of the main principles of financial management is prudence. The concept of prudence - in this context - refers to having a long term view and displaying sufficient financial acumen. As a risk-management tool, the concept of insurance is premised...more
Claim Back Single-Premium Payment Protection InsuranceIf you live within the United Kingdom and were mis-sold payment protection insurance during the last six or so many haven't taken the time to file to reclaim ppi payments; it's not too late and...more
As time goes on, it will be likely that there will be changes in the way Medicare operates. It would be advantageous to be ready to prevent getting stuck with uncovered bills, higher deductibles or unexpected costs. Medigap Plans can ease the...more
Intelligent owners of homes seek ways to reduce their insurance in Maryland. Combining polices and adding a security system can reduce their cost by up to 20%.Reducing the Cost of insurance in Maryland By: Renee Walker About the...more