Recently the Canadian government announced its intention to change some to the rules as it relates to your ability to qualify for high ratio insurance.High ratio insurance is offered by the Canadian Mortgage and Housing Corporation (CMHC) and is the reason that Canadians are able to purchase homes with as little as 5% down payment. If you qualify, CMHC will provide default insurance to your bank which will enable you to qualify for financing with...more
What You Need to Know About Commercial InsuranceWhy is commercial insurance important? Why do I need it? There are just some of the few questions that people asked about commercial insurance. To put it simple, commercial insurance are like life vests. These are your protections if in case your boat turns upside down, when your boat sinks or damaged...more
A good corporate job used to be key to a comfortable retirement. But as many people have learned the hard way its no longer true.Companies are looking for any available way to get rid of any employee who might be nearing retirement.Additionally retirement plans within corporations are financial investments in stocks and bonds that are often not...more
The first thing you need to think about is how many vehicles you own, or how many you intend to have. The reason for this is simply because if you have more than one vehicle, fleet insurance may very well be your best option.Most insurance companies offer fleet insurance nowadays, but you may find that the threshold for qualifying differs slightly from one provider to the next. In other words, some providers may require you to have a minimum of four vehicles while another provider may be willing to offer you fleet insurance providing you have at least two vehicles.If you're considering fleet insurance, then you'll find that most insurance companies are not particularly concerned about the type of vehicles you choose to include in the policy. This essentially means you aren't required to use only one type of vehicle. For example, you fleet could include a minicab, a minibus, and even regular saloon cars.Of course if you own several taxis, you'll inevitably require the services of several drivers, and this is something you need to think about carefully. On one hand, if you choose to name the individual drivers then you could end up saving quite a bit on your premiums, in that...more
Most people who decide to start a taxi business in the UK soon discover that most of the websites they visit only tend to offer, or at least mention, regular car insurance, and of course regular car insurance is pretty much useless if you own a taxi....more
Contrary to what you may believe, finding affordable insurance for you taxi is a relatively simply task nowadays, simply because there's an unbelievable amount of competition out there. Insurance companies all over the UK are continuously slashing...more
As you may well already know, having regular car insurance means nothing if your vehicle is being used as a taxi. Whether you're involved in public hire, private hire, or contract hire, you'll need to have the correct type of insurance in order to be...more
One of the most important insurance coverages for any small business and especially for independent IT project managers is errors and omissions (E&O) coverage. Many small technology companies are not sure what it covers and how it differs from...more
Insurance Policies in TexasIt is defined by government of Texas that it is necessary to have auto insurance along with liability insurance policies. It is punishable by law to drive in Texas without the insurance coverage. Traffic policemen are on...more