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Insurers in court battle with UK businesses over Covid furlough scheme

Elmore

Judges to decide if insurance groups can deduct government funds from payouts for business interruption The post Insurers in court battle with UK businesses over Covid furlough scheme appeared first on Elmore Insurance Brokers.

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Strike’s Duration Will Determine Impact on P/C Insurance Industry

Triple-I: Business Insurance

Another way the insurance industry would be affected is from losses from coverage protecting against adverse business costs of events, such as strikes. These coverages include, but are not limited to, business interruption, political risk, credit, supply-chain insurance, and some marine and cargo.

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Top 5 Mistakes Property Investors Make with Insurance – And How to Avoid Them

Jackson & Jackson

Specialized risks, such as floods, earthquakes, and business interruptions, require additional coverage, which many investors should pay more attention to. Think about business interruption insurance to protect your income stream during repairs. In California, consider adding earthquake and flood insurance.

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Essential Business Insurance Guide: Safeguarding Your Property From Cyber Threats

Protect Commercial Insurance

Professional liability insurance , also known as errors and omissions insurance, is crucial for service-based businesses and protects against claims of negligence or inadequate work. It provides coverage for lost income, ongoing expenses, and additional costs incurred during the period of interruption.

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Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

Business Interruption Insurance In the event of a covered loss, such as a fire or natural disaster, business interruption insurance can help cover the loss of income and ongoing expenses while your business is temporarily closed or unable to operate. It covers legal fees, settlements, and judgments.

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Hurricane Risk Management: Key Considerations Before and After Storms Strike

Risk Management Monitor

Not only is this important for overall business operations, but it is also easier to adjust claims when you can show that you recently backed up files. When it comes to your insurance policies, it is critical to verify that your coverage includes appropriate, up-to-date limits and deductibles. Read the Fine Print.

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

. – Professional Liability Insurance: Also known as Errors and Omissions Insurance, this covers businesses against claims of negligence or harm resulting from professional services. – Business Interruption Insurance: Helps cover loss of income in case your business operations are halted due to unexpected events.