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Navigating The World Of Club Insurance People with professional or other organizational affiliations may have the opportunity to partake in various kinds of club insurance. Many organizations work in collaboration with insurance companies to offer insurance at discounted rates to members whether it is to take part in activities specific to the club or to find general policies such as health or life insurance at lower rates than...more
What In The World Is E & O Insurance? Insurance can be very confusing. At the same time, it is something that you really need to think about no matter what you are doing in your life. Different kinds of insurance can make it possible for you to live with peace and security at all times, enjoying your life with the knowledge that you have planned ahead for anything that might happen—you cannot plan for accidents, after all, since you do not know when they are going to come up, but you can plan to have a policy in place that will take care of you and your family no matter what. One type of insurance that you should consider is E & O insurance. To take some of the confusion away from this, it will be explained below. Errors and commissions insurance is a type of policy that protects you if you make a mistake in the business world and this mistake causes someone else to lose money. Your mistake leads directly to their loss. Naturally, they are not going to be happy about this. They are going to want you to pay their loss, to reimburse them for the money that they would have if it were not for the mistake that you made. While you may even agree that the whole...more
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