Types of Insurance
Property Combined Casualty Insurance
Property Combined Casualty
This insurance will help to cover the cost of loss of physical property or its impact on the business’ ability to produce income.
Most other businesses will have a rider on this policy called: Interruption Insurance.
Posted in Types of Insurance
Insurance Against Business Interruption
Insurance Against Business Interruption
Business is filled with ups and downs. It is not uncommon to find yourself in a situation where another company fails to meet thier requirements. When this situation results in the loss of your income…its a real problem.
When your business meets an interruption. It costs you money.
Interruption isurance is also known as: Consequential Loss Insurance, Earnings Insurance, Business Income Coverage or Loss of Profit Insurance.
Tags: Equipment and Residence Insurance
Equipment & Residence Insurance
Equipment and Residence Insurance is essential for all scaffolding corporations. Your company has a huge investment in it location(s), tools and equipment. If something cattastrophic were to happen to these assets, it would be hard to replace and still be solvent. This is good protection for destruction and/or theft of your inventory and Location.
Make sure that you get multiple quotes when doing your search for the best policy. What may seem like a great price, may not be.
Posted in Types of Insurance
General Liability Insurance
General Liability Insurance
General Liability Insurance is not, normaly, a good fit for a small company. This is due to its expense. But, it covers just about everything except Workers Comp and Professional Liability Insurance.
Make sure that you get the right amount of coverage for these scenarios:
- Bodily Injury
- Property Damage
- Personal Injury
- Slander
- Libel
- Advertising Injury
Posted in Types of Insurance
Workers Compensation Insurance.
The Business of Workers Compensation
There are state and federal laws that apply to the requirements of businesses. Make sure that you are aware of these rules.
There are 2 types of workers compensation that you can choose from.
There is the State Run and there is the Privately Run option.
The private option is usually done through an insurance pool.
3rd Party Liability Insurance
3rd party Liabilty Insurance
This insurance can cover most of the day to day problems that your business could encounter.
A good package will sheild you from loss if a person gets hurt or killed during an equipment failure. There are other areas of interest that these policies can cover. Make sure that your package is well rounded.
Read the rest of this entry »