This article will examine the risks that should be taken into account when insuring construction projects, and will also take a look at what policies will help to insure certain specific risks. When assessing a potential risk, the underwriter for the insurance company must be informed of certain details of the project, including a complete description of what is being done. You will also need to supply the approach being utilized for...more
A quality prospecting website may accumulate insurance coverage prospects and financial consultant leads faster as well as they may be better competent than getting insurance coverage prospects from the lead generation business. Find out more about insurance leads.As a possible insurance agent or even financial advisor, lead generation is among the cornerstones of the enterprise as well as accomplishment. Make use of a web site to...more
Have you ever wondered the difference between landlord insurance and the regular homeowner insurance coverage? A failure to have a good grasp of the difference between this two could have you paying dearly. Let's see the difference.First, let's look at the difference between the two situations. I think that would be the easier way to understand the difference in the two coverages.If you own a home and live in it, then you would need a homeowner insurance. If however you own a home but do not live in it rather you have it rented out to a tenant, then you would be needing a landlord insurance. To understand better, we need to know why.Who is likely going to take more care of my house? My tenant or me? That is the base of the argument. Insurance companies are also aware of the simple fact and base their policy on this. They therefore have to ask some question and factor in some possibilities.For homeowners who live in their homes, damages to their property caused by them are non-claimable. They have to sort themselves out. In fact, depending on the nature of the damage, you could be charged with a criminal charge if you make a claim. On the other hand, should one of your tenants cause...more
Latest announcement released through the Financial Services Authority (FSA), has expressed that the numbers of complaints being reported is still rising even with all of the unfavorable publicity and also new restrictions in position inside the UK. Statistics are showing that PPI claims could potentially ascend by at least 500,000 each year for...more
When you purchase an ipod or a blackberry you most likely told yourself that you would have to treat the device with proper respect and care. You probably were very cautious in the first few weeks after you purchased one of these items to ensure that you did not cause any type of damage to your unit. You did this because the cost of the item was...more
If you are trying to find out what kind policies are needed to insure construction projects, as well as to know what kind of risks need to be covered by insurance policies, this is the article for you. An insurance underwriter, to be able to assess a risk, needs to have a full and complete description of both the project and the works. Also, method of construction to be used, location of the site including geographical and topographical conditions of the site proposed.Additionally, they will also need to know the schedule for the project, inspect the blueprints, and gauge the contractor's experience in this type of construction. It is accepted that contractors face exposure to damage to the works which are referred to as Material Damage. There are a wide range of policies in place to protect against these damages.Contractors Plant and Machinery All Risks, Erection All Risk, Contractors All Risk, and Civil Engineering Completed Risks are some of the kinds of policies that cover the Material Damage that contractors face. It's also possible that one will have to compensate third parties for claims made in regard to property damage or personal injury due to conditions of the...more
Toronto, one of Canada's financial and entertainment hubs, is a city bustling with activity and professional opportunities. The chances for financial security are pretty high, provided you avail of the most ideal form of risk management for...more
Health care is at the forefront of the major issues confronting the American people. It is brought up in every newspaper issued and basis for discussion of many talk shows on television. Rising health care costs are making it difficult for people to...more
Is trust enough to render professional indemnity insurance irrelevant? Hmm... Maybe you're an individual freelancer. Maybe you run your own professional consultancy. Either way, the fact that you're in business as an expert in your...more
Those who are involved in worker's compensation know that the system has problems and fingers are pointed at different people. Employees, employers, and insurance companies are accused of fraud. The California Department of Insurance always goes...more
According to one survey, 48 million people are not insured in the USA and insurance is an amendment or policy that gives protection against an undesirable event or risk and it ensures that we are protected from financial loss or harm....more
Obtaining insurance leads is the first step to selling policies and running a profitable insurance business. Getting insurance leads takes practice and patience. And once you have new insurance leads, you still have to close the...more