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...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 concerts a lot of thing have to be done. Hence one has to apply common sense in order to make sure...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 in equity or debt instruments, to generate a higher return on investment.ULIP mainly works on the principle of rupee cost averaging and aims to safeguard your investment from short term market fluctuation. Like in mutual funds, for ULIP plans, a daily net asset value (NAV) is declared which determines the performance of the ULIP. These plans are flexible and have a wide array of options to switch between different asset classes. Hence, an investor can decide a policy where the equity exposure is more than debt during favorable market conditions and vice versa. The main advantage of a ULIP is that it qualifies for tax exemption under Sec. 80 C of the Income Tax Act, 1961. Also, the flexibility that one enjoys to choose the term, insurance cover and get the benefit of earning a higher return, if the policy performs well is an added...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...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 this kind of insurance, you could be certain that your financial investment will always be...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 just to be expecting what dangers could provide to visitors but also to buy the appropriate insurance to cover them. Special events insurance coverages are meant to guarantee short-term events with a single premium repayment. They protect the sponsor of the event in addition to the seller leasing the area for the party, against general liabilities suffered by third parties for residential property damages and bodily injuries.Celebrations Organized at Booked LocationsWhen hosting a large event at a leased site, you might be asked to offer a certificate of insurance to the owner of the building or area. Sites such as state fairgrounds, feast halls, theaters and even personal houses will all anticipate your special events insurance protection to supply security in the occasion of certain liabilities. The sorts of parties that are guaranteed are large varying and can easily consist of individual events such as seminar, or big charity-focused...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
The most recent revelation is the fact No Claims Bonuses are not being honoured if you happen to change insurer. Meaning youre completely tied in with your current insurer unless youre happy to take an initial hit before possibly making your saving a...more
It is very easy to fall into the thought that the cheapest policy is best because it saves you a great amount of money, when looking for insurance it should not be about the money you will spend on your premium. Insurance offers protection and so you...more