Many companies are not even aware of what errors and omissions insurance (E&O) is, let alone why they need it. However, for many firms it can be a lifesaver. It can definitely save your company a lot of money in the right circumstances. #1) What is E&O coverage?It insures companies in the event they are sued for mistakes they make in delivering the service. This is not covered with property coverage. #2) What does it pay for?It will cover the...more
Because different businesses are set up in diverse ways and include a wide range of assets and liabilities, business insurance Los Angeles is one of the most complicated kinds of insurance you can buy. Almost everything can be insured including employees, merchandise, vehicles and property. This is great for the flexibility of coverage that it offers, but it can be difficult to navigate all the ins and outs. Here is a review of the basic...more
WHAT TO LOOK OUT FOR WHEN LOOKING FOR PROFESSIONAL INDEMNITY INSURANCE You're in the market for a professional indemnity insurance policy. But with so much choice, how do you find the policy that is right for you? What are the things to look out for?For a start, there's the expertise of the broker. Some companies, the ones that don't really understand pi insurance, adopt a ‘one size fits all' approach and will want to sell you an off-the-shelf product. But no two businesses are the same. So you need to deal with a broker whose staff have a knowledge of your industry and can provide you with the best advice.Having said that, you still want to arrange your policy with the minimum of fuss. You don't want to have to fill out endless forms and then wait for weeks to receive your policy documentation. So look for a broker who offers a combination of expertise and streamlined administrative processes.Look out too for exclusions and extras. For example, whether you're renewing your professional indemnity or taking out a policy for the first time, you will almost certainly want retroactive cover. Remember, there can be a significant time lag between an error or omission on your...more
Reclaiming PPI - Your Guide to Mis-sold Loan Insurance Since 2003, more than two million homeowners in the UK have been mis-sold payment protection insurance (PPI.) Payment protection is an insurance policy added to mortgages, revolving lines of credit, and other borrowed monies. In theory, should you become unable to work for qualifying...more
Insurance Orange County is three words that can be scary when put together, but still very necessary. Whether you want to drive a car, own a home, or just keep your possessions safe, you will need some kind of insurance. Finding it, though, can be a bit of a problem. With so many national and regional companies available in the county, finding the...more
Denver insurance rates vary based on location. Suburbs of the city will quote different rates than those found in the urban center of the city. These variations account for factors such as crime, frequency of travel, health, age and local demographics. Residents of the city might find cheaper rates on car insurance while residents of Denvers suburbs might purchase homeowners insurance or health insurance for lower rates. The insurance companies that provide the policies gather specific statistics to develop rates based on the history of the location and the propensity for insurance payouts where the insured live. Much like car insurance is based on the drivers history; homeowners, business and health insurance are all based on the history of the individual and his or her neighborhoods environment.The city limits of Denver proper extend from 52nd Street to Hampden, running north to south and Colfax to Sheridan east to west. Within the city limits, certain insurance rates will apply especially for housing. Prominent gang activity along with dense population inside the city has affected the price of homeowners insurance. By contrast, the addition of the cities Light Rail, an above...more
Insurance Essential at the time of Choosing a Chicago Moving Company Every year round the country, a huge number of people and families decides to make a move into a different city, location, or state. If by any sort of chance you too are one...more
How to compare insurance products for choosing the right policy With varied options in the insurance industry for the Indian consumer, it is difficult to make a confident choice. Insurance policies have traditionally contained terms and...more
Insurance is a necessity to protect you and your family against the uncertainties of life. It is also one of the major expenses that you must bear in order to secure yourself against risks. Therefore, it is always better to under the concept of...more
How to save more with online insurance compared to an insurance agent We all have heard of insurance policies but may not be able to completely understand the terms and conditions that they include. Most of us are not aware of the most...more
Check insurance company websites for insurance quotes Acquiring insurance policies these days is not as difficult as it used to be a decade or two ago. The reason for this new found convenience for consumers is the advent of the internet. The...more
Protect Yourselves from Payment Protection Insurance Plan In the name of selling something beneficial to the consumers, the loan lending companies in UK have been into selling excessively priced Payment Protection Insurance (PPI) policies to...more