Professional indemnity insurance is quite a complicated subject, but it can be made simpler and comprehensible if you understand the nuances associated with the policy. First and foremost, one needs to understand the coverage extended by the policy. This insurance policy is ideal for people who provide professional advice to customers, and clients in turn take decisions based on your advice. This means that your advice has to be the right one, or...more
Opening a new restaurant business is something you have anticipated for so long. You want everything to be organized, you have already thought of ways to implement your new and unique ideas and it is time to choose insurance. This step is vital as restaurant insurance can play a great role in assuring your business. If you pay attention to some things and get the best out of your deal, you will have time to concentrate on your new business.When...more
Fleet insurance is the most cost effective method for businesses to acquire insurance for multiple vehicles. It can cover four or more vehicles just under one policy, yet keeping premiums on the minimum. If you have a business that makes use of several vehicles to travel for business purposes, this type of insurance may be for you. It can also be considered for individuals who drive a number of vehicles.There are several benefits to this type of insurance, such as the following: It is a convenient and hassle-free policy that can cover several vehicles. This plays a significant role in decreasing worry and stress, not to mention the paperwork, associated with having different insurance for each car. For example, if you are running a business that uses 2 vehicles for travel and transport, and also have 4 vehicles for delivery, imagine the paperwork and stress involved in acquiring insurance for each and every one of these vehicles. This type of insurance conveniently covers all these vehicles under one policy. Another important benefit is that when you make a claim, fleet insurance is more convenient than other policies. In the situation wherein a business has several vehicles, some...more
When you are in the trucking business, especially when your fleet consists of many large or heavy goods vehicles which run cross country and through city traffic, you must have more than simply adequate or minimum HGV insurance. There are always risks involved when drivers cover a large number of miles while on the job.Heavy goods vehicles require...more
People tend to confuse insurance for garage with other forms of insurance, but the fact is, if you own a business that works with cars in any way, it will be a good idea to get garage insurance. Indeed, many businesses as garages or car dealers might find the insurance helpful. You will be able to protect your business and feel free to focus on the...more
All brokers in Ireland have received a warning from the Financial Regulator to ask them to ensure that they have proper processes in place for handling money when collected from consumers when they are paying for their insurance policies.The advice came on the back of officials from the financial regulators office launching a probe into files from a number of insurance brokers to look at whether they were handling their customer's money and payments in accordance with the rules and regulations that have been set out.The regulators office said that the vast majority of the brokers inspected are adhering to the systems in place and following them correctly, complying with the regulators rules. In a statement though, they highlighted that ‘a number of issues were identified during the course of the inspection.'The Financial Regulator said, "Compliance issues identified during the inspection are subject to separate engagement by the Financial Regulator with the individual firms concerned."A written notice sent to all brokers in Ireland reminded them of the stringent rules that are in place concerning how these firms handle a customers' money.The financial regulator said that the law...more
If you are a company that ships or stores merchandise elsewhere, you may want to consider getting insurance to protect your items when not in your possession. This may be when shipping from one branch office to another, transferring from a...more
There are many successful businesses in the courier industry. These companies ensure all your documents and goods reach the required destination on time. Before humans started delivering messages around the world, people use to rely on animals and...more
Commercial insurances are the financial instruments meant to cover the risks of a business. It gives the business owners the cushion to fall back on after there is a crisis or an external threat to the business. Any business environment is very...more
So get your Yacht Insurance in Dubai today from a trusted company who understands your passion and needs.Dubai Yacht and Pleasure Craft Insurance By: Kinjal About the Author Leading UAE insurance company, RSA provides yatcht...more
Taxi insurance is mandatory all throughout the UK. Finding appropriate insurance for your taxi is not difficult once you understand what to look for in a policy. Insurance companies do offer various packages as well as tailor-made ones to suit your...more
If you are a taxi driver, you know that your insurance needs are very different than what the typical driver requires. Taxi insurance protects you, the driver, as well as your passengers and other drivers on the road. It also protects your income in...more