Corporate liability insurance is a must for any company in today’s world. Nowadays, people just need a reason to file a lawsuit against anyone. Corporate liability insurance protects the directors, officers and the corporate body of the company against any lawsuits which are filed against them as a company. These lawsuits can be for any [...]
Many insurance companies now offer what is known as employment practices liability insurance (EPLI). Whether an employer elects to purchase such insurance coverage is a decision which should be made with care and only after a complete review of various options open to the employer. Your insurance agent or human resource consultant may urge your [...]
When most people decide to venture into business, insurance is one component that tends to be forgotten. The business owner may be busy trying to set up or looking for funding and licenses that small business insurance usually takes a back step. This is usually an essential part of any business no matter how big [...]
Getting the right Fleet Insurance for your business can be a daunting task. Many insurance companies have a standard insurance policy for fleet owners. However, you can always ask the insurance company for a cover against a risk that your business is subjected to. Make sure the insurance policy that you take out provides adequate [...]
It is estimated that between 25 and 33% of all road accidents involve a van driver that was ‘at work’ at the time. A police study has shown that over 47,000 light goods vehicles are stolen every year in the UK. The cost of these thefts and accidents is a massive £152million in lost assets, [...]
In reviewing the insurance requirements of a construction prequal statement, I saw the following question: “Will additional insured be granted on a CG 20 10 (11/85 or equivalent)”. The choices are yes or no. The technically correct answer: unless you have the 1985 version (does anyone still have this), there is no such animal as [...]
What is the difference between being insured or bonded? Is it better for your cleaning company to be insured or bonded? When you are going into your clients homes and doing work being insured is very important. It will put your clients at ease. Most of the time the reason that you are cleaning their [...]
