You have been paying your life insurance for more than five decades and then suddenly, just when you are about to fill up your insurance claims for that lifelong retirement dream, you are told by the insurance company that you still have to pay some fees to be eligible for it. All of a sudden, those dreams of that retirement home along white and sandy beaches came crashing down on you. What do you do in such a situation? Who do you turn to? Where...more
If you are a hotelier, you may have to face risks and legal liabilities. This is when you will need hotel insurance. Read on to find out what the best insurance policy could cover for your hotel. Hotel Insurance Coverage You will get the following coverage through a hotel insurance policy. Public liability cover: Public liability insurance policy covers injuries or illness suffered by guests or material damage claims made by them. The amount of...more
If you run a hotel, it is likely that you will need to purchase a hotel insurance policy. This plan will cover damages or illness caused to your employees or claims made by your guests for damages they have faced while they stayed at your hotel. However, you need to keep in mind certain aspects which will help you get the best coverage to protect your hotel business. Things to Keep in Mind When Buying Hotel Insurance There are insurance companies which offer policies to hotels, guest houses, motels, bed and breakfast, budget hotels, and large metropolitan hotels. However, not each of them may offer coverage to all the accommodation types. Hence, you need to find out which insurer can provide you coverage for your kind of hotel. The next thing that matters is the type of coverage a hotel insurance company is willing to offer. The policy should cover damages caused to the building and its contents for the exact value. This is to ensure that you can get back the hotel to its original position. In addition to the coverage offered for rebuilding the hotel, the insurer should offer liability insurances for your employees and the public in case they suffer injuries. The hotel insurance...more
With ever changing scenarios and complexities in the life styles and working conditions of people everywhere, there are various risks and perils that can happen to everyone around the globe and this leads to thinking that insurance is needed to protect various items and people. While keeping this aspect in mind while organizing special events as...more
Unit Linked Insurance Plan is a special type of an insurance plan which provides the dual benefit of a risk cover as well as wealth creation. The performance of these insurance plans is linked to equity or debt markets. In a ULIP investment, a part of the premium paid by the policyholder is towards the life cover, whereas the other part is invested...more
Any construction project involves a big deal of manpower and money. Whenever you implement a construction project, you are risking your property, your money, and the lives of your construction team. Your contractors are risking their health and lives while they are at the great height, working with toxic materials, heavy equipment and tools. In other words, any construction project means a great risk. Even the slightest negligence may turn into an accident. Any accident or injury can turn into huge expenses and financial losses. There are not so many ways to protect your construction team and your property from accidents. However, construction insurance is a good way for you to protect your company from the expenses. This comprehensive insurance can become the best protection for you and your workers, because it can cover almost any expenses you may bear. Full coverage construction insurance is designed to protect you, your workers, and your properties from any damages or injuries which may occur at the construction site of your company. It can cover all your expenses and it can become the best compensation for an injured person. This insurance also protects your tenants, sole...more
Nightclub insurance is a very important insurance product. Bar insurance policy is an essential sort of insurance that all bar owners should buy, since there are abnormal risks connected with the entire process of this sort of company. If you acquire...more
Whenever you go to a special occasion, you could be so dazzled by the decor, meals, consumes and amusement that you do not give passing thought to all the risks hiding around every corner. However as a party coordinator or host, it's your job not...more
Taxes are unavoidable, whether you are a government employee or a businessman. Most people plan and take bonds, insurance, mutual funds and other ways to reduce their tax amount or at least get some tax benefits. However, insurance plans are not only...more
Most people view insurance as an additional expense they cannot afford while others see it as a luxury that can be overlooked. However, the reality is that everybody needs an insurance cover. Life has become full of uncertainties, some of which are...more
Workers compensation coverage safeguards a business from doling out dollars to the workers, in case they encounter injuries at the workplace. It entitles workers for compensation, but also bars them from suing the business for damages.Earning profits...more
Motorcycle Insurance Chattanooga Company offers their protection for bikers who are traversing through the highway. It gives you compensation for the cost of the medical and the cost incurred due to damage of the bike. If you have a motorcycle then...more