When you are first starting your business, you may have a lot of start-up expenses, but as time goes by and your business grows, you need to have the right forms of business insurance to protect your assets.Many businesses suffer when the owner has not considered all of the risks they may be exposed to. Business interruption can be costly, and your building, contents and employees need to be properly insured, in addition to your inventory and the...more
When an insurance company cancels or chooses not to renew your business insurance, it can happen for a number of reasons and it may have nothing to do with your actions.On the other hand, if you fail to pay a premium, or you have made serious misrepresentations on your insurance application or committed fraud, it is possible the insurer might cancel your policy or decide not to renew your protection.Non-renewal is classified as when either you or...more
There might be UK companies that have special insurance needs, they might not have the special protection they need and not even know it. There can be catastrophic consequences for the businesses that operate on a global market, so those that export goods to other countries need to take special diligence in seeking the right insurance for their business.Consider recent consequences for a car company or oil company that serves a worldwide market and how one or two mistakes can lead to the gradual or immediate downfall of a company, especially without the proper business insurance in place.When you are considering commercial insurance options, you probably will include employee and general liability, building and contents, but those that sell products need to consider the importance of product liability cover. Export insurance is a growing requirement as more companies export their goods, but few companies probably think about it because local agents, even those with large insurance carriers, might not be aware of the importance of this type of protection for certain clients.For this reason, it is important that you speak with experts that are familiar with export and product...more
If you are in a business that faces unique risks because of the type of business you are in, you might need something beyond the average business insurance package to protect you.If you are in a particularly risky business, your premiums can be much higher than the average business, but it is important you find the unique insurance cover you need...more
This might on the surface seem perfectly reasonable, but the reality is that once you take the entire event out of a home and place it in a public venue most people's insurance policies are no longer valid. Credit card payment protection may only covers payments up to a certain amount, and there is simply far too much of the wedding that is still...more
When it comes to a growing business, your business insurance should be evaluated on a regular basis. There are many reasons for this, but primarily, your exposure to risk and claims is greater, the larger your business becomes.In addition, as your business becomes more valuable, you need adequate insurance to protect your assets, both business and personal. For the smaller businesses, the proper cover can be crucial for your survival. If you have employees and deal with the public, you are required by law to carry employee and general liability protection, but there are other areas of insurance you need to evaluate.Your needs to protect your company can be increased if you manufacture a product, so you might need product liability cover. If you export your products on a global scale, you need the proper export insurance. If you are a service professional that gives advice to others, you might need errors and omissions protection.Doctors and other practitioners may need malpractice cover to protect their assets. The list continues to grow, depending on the industry or service sector your business is in, but it is essential you have the proper commercial insurance to cover all of the...more
Have you applied for a loan or a credit card? Of course you have. However, there are huge chances that you may not be aware of the things that are added on to your loan agreements. At the time of sale, you must have got a very brief or almost no...more
People buy health insurances as during times of need medical expenses may be high and it may be difficult to afford those without any kind of health insurance plan. For using the best facilities at hospital to make them feel comfortable like home, it...more
Insurance plans are for insuring your self while accidents or for any major surgery. Now you can even insure for your family members. You get many benefits from health insurance in California. The main benefit of health insurance is that they almost...more
Business interruption insurance is coverage for lost profits or earnings during a forced closure on your business. Some expenses of the business may also be covered in this policy. The best part of the policy is the peace of mind it brings to the...more
India has slowly begun to grow out of the conditions of economic backwardness and the people of India have got money in their pockets for business and investments. India is no more the India as it stood fifty years back but it is becoming one of the...more
Installing and getting anti-theft devices on your vehicle or home is one of the first things that you can do for you to be able to get affordable insurance premiums. Regardless if you install automatic anti theft devices or opt for one that can be...more