If you have decided to start a new business, it is your responsibility to protect your business assets. Business owners must ensure the safety of their goods, plant, machinery, tools and the employees working for the company. However, accidents do happen and it is important that business owners take adequate steps to protect themselves and their business from these unforeseen risks. One of the ways of protecting the business from these...more
Running a business as a contractor in the UK brings with it legal responsibilities and obligations that need to be fulfilled. In order to ensure that your business is well protected and to lessen the financial burden in case of any claims being made against you, it is advisable to purchase adequate contractors insurance. Claims can be very high, and cause a significant amount of financial stress to any contractor. As a contractor, you ought to...more
When you have to purchase home owners insurance, no doubt you want the best deal possible. This insurance can cost quite a bit of money, but it is definitely important if you own a home. The good news is that there are ways that you can save money.Your home insurance quotes are based upon many different factors. Knowing these factors can be a huge help if you want to save some money. You don't have to spend a huge amount of money to get good insurance to keep your home protected if something goes wrong. If you want to save on the home owners insurance policy that you take out, here are some top tips that can help.1 - Take Time to Comparison ShopThe first thing you can do to get quotes on home insurance that will save you money is to take some time to comparison shop. Many people simply go with the first company they find that offers insurance for their home. They end up paying more than they would have to for their cover. Check out several companies and compare rates. You'll get a better deal this way. Often you can find websites that provide quotes from several different companies to see which one offers you the best policy for the best deal.2 - Purchase Multiple Policies from One...more
If you are an officer or a director at a company - be it a large corporation or a small enterprise, you are at risk of possibly facing high legal fees if someone should happen to file a claim against you. You would, in fact, be responsible for paying any legal fees straight out of your pocket if you are not carrying the right type of insurance....more
No matter what kind of company you have - for profit, non profit, or publicly traded, its directors and officers will still be prone to various liabilities related to their duties. This is where directors and officers insurance comes in. It can be obtained to help minimise financial losses in the event they are sued. A variety of external audiences...more
Directors and officers of all companies, both small and large, are at risk of the possibility of facing high legal costs due to claims being filed against them. These top ranking business personnel would have to finance the legal fees themselves if they happen not to have the proper type of insurance. Director and officers insurance is designed as a way to protect these individuals in case a claim is made against them as a result from an actual or an alleged wrongful act on their part, which was done while carrying out their roles. In today's highly competitive business world, everyone from shareholders to regulators are placing an increasing amount of importance on decisions being made by directors and senior members of management teams. Furthermore, these people often file claims against high ranking officials within a company as they are more than willing to penalise the individual instead of the company they represent. Once a claim is actually filed and set into motion against a director or an officer, these business heads are often left to face very high legal costs that could spell financial ruin if it were not for insurance. Every officer and director is responsible for...more
More than many other businesses being a contractor could expose you to a number of unforeseen hazards on a daily basis. While some risks are understood and expected, many of them are not predictable. Understanding some risks may be a good move,...more
Insurance agents, who want a consistent source of income, will tend to find there is nothing better than profitable group health insurance policies. Insurance agents view group medical insurance policies as gold. When an insurance agent is able to...more
Commercial combined insurance is designed to protect your business assets from damage, theft, fire, vandalism and natural disasters such as floods and storms. It provides cover for your building/s, plant and machinery, contents, and business...more
It's rare to find a novice insurance agent that knows about business insurance leads, as most of them don't have a clue what they are. Once they learn the ropes, these once-novice agents learn to appreciate the value of commercial insurance leads....more
Part of the responsibility of owning a home is having insurance coverage. Home insurance is usually a requirement of a mortgage contract. It protects both the homeowner and the lender in case of a disaster that damages the home. Home insurance...more
Do you ever spend time thinking about your homeowners insurance policy?What is the most expensive thing you own? For most of us, that is our family home. We live in that home, and it provides a center of security for our lives. And of course, it is a...more