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A 911 dispatch center is not necessarily part of a county’s emergency services department and is not covered by a secondary liabilityinsurancepolicy, a federal appeals court found this week in a decision that will cost Travelers several million …
While you may have the basic insurancepolicies in place, such as property and generalliabilityinsurance, there are several other essential insurancepolicies that you might be overlooking. It provides coverage for accidents that occur on your premises or as a result of your business operations.
Ensuring your business has the right insurancepolicies is not just a smart decision—it’s essential for long-term success. Here are the top 6 insurancepolicies every IT business in California should have to safeguard their operations. GeneralLiabilityInsurance Even in a digital world, physical risks exist.
What Distinguished’s Landlord Insurance Programs Cover in Chicago Our City Insurance program provides robust protection, covering: Property insurance: Covers fires, storms, vandalism, and tenant-related damage. Generalliability: Protects against tenant or visitor injuries, legal claims, and medical expenses.
Example: Targeting New Parents If you sell life insurance, targeting new parents can be highly effective. New parents are often considering their family's future and are more likely to be interested in life insurancepolicies. Copy: Highlight the importance of securing their child's future with a reliable life insurancepolicy.
Personal and Advertising Injury Insurance Coverage Learn about the insurance coverage available to a policyholder for claims alleging personal injury and advertising injury, with a focus on the Commercial GeneralLiabilityPolicy.
Insurance companies and brokers play a key role in mitigating these risks by offering specialized landlord policies. Discover why landlord insurance is vital for property owners in Colorado, the protections Distinguished can offer, and how brokers can help their clients secure the best policies.
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How to Protect Your Business Get Comprehensive Insurance Ensure you have generalliabilityinsurance, professional indemnity insurance, and workers compensation if applicable. Incorporate Your Business Structure your business as a Limited Liability Company (LLC) or Corporation to protect personal assets.
For this reason, purchasing comprehensive apartment building insurance is one of the best investments your clients can make. Not only are they insured in the event of a covered risk, but they can also sleep well at night knowing they have a policy limit that is high enough to cover whatever gets thrown their way.
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Cyber liabilityinsurance , once considered a specialized coverage, is becoming an essential policy for businesses that use AI to store sensitive information or automate critical tasks. Companies should review their insurancepolicies to ensure adequate coverage.
You may find various types of personal insurance and commercial insurancepolicies. There are Property and Casualty, Life/health insurance, and more. The basic system on how the broker commissions are based on the policies which are sold. The job of the brokers shall start after completing the policy’s sale.
Generalliabilityinsurance is the most regularly purchased insurancepolicy among small businesses. It’s not hard to understand why — the risk of unruly equipment and product mishaps are both common and completely tangible. That’s why cyber is tricky.
In this article, we will provide you with four essential tips to help you understand your coverage needs, find the best rates, review and update your policy regularly, and work with an experienced insurance broker. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils.
Business meeting at a conference table by Fauxels In the complex world of business operations, unforeseen events can lead to liabilities that exceed the limits of your existing insurancepolicies. This is where a knowledgeable insurance agent becomes invaluable.
Rail Transport in International Jurisdictions Access links to international guides addressing essential aspects of rail transport law and policy in which leading law firms in each of the international jurisdictions answer key questions on this topic.
One key focus is Illinois’ Biometric Information Privacy Act (“BIPA”), but as lawmakers in other states continue to introduce legislation aimed at regulating the use of biometric data, more court decisions may muddy the waters regarding what conduct may be covered under a generalliabilitypolicy.
Many insurance carriers use third-party crime scores to evaluate their exposure to criminal risk when underwriting generalliabilityinsurancepolicies. Crime scores treat all crimes as equal, thereby failing to take into account heightened generalliability risk associated with certain types of crime.
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states and the District of Columbia on the qualified pollution exclusion under commercial generalliability (CGL) policies with respect to remaining potential claims involving pre-1986 policies or claims still in the litigation pipeline. Absolute Pollution Exclusion State Law Survey Analyze the laws in all 50 U.S.
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Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss.
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It’s crucial for property owners to regularly review their insurancepolicies and update their property valuations to ensure they have adequate coverage in place. The Importance of Accurate Property Valuations Accurate property valuations are essential for both insurers and policyholders.
Our Builder’s Risk policies come standard with all of the most important coverages your clients will need to protect their under-construction properties. This includes coverage for: Generalliability : Covers legal costs and damages that arise from lawsuits related to this construction, renovation, or betterment project.
Unlike one-time insurancepolicies, surety bonds often require annual renewals or adjustments based on the changing needs of your clients’ businesses. For example, if you already provide generalliabilityinsurance to a construction company, adding surety bonds to your product mix is a logical next step.
There are various types of liabilityinsurance, including generalliability, product liability, and professional liability. Generalliabilityinsurance provides coverage for injuries or property damage that occur on your business premises or as a result of your business operations.
One key step is making sure clients have adequate coverage options for bodily injury in their Cyber LiabilityInsurancepolicies. We at ProWriters can help you understand the risk, explain it to your clients, and secure the Cyber Insurancepolicies that provide the protection they need.
TRAVEL INSURANCE FOR BUSINESSES Travel insurance offers a broad range of benefits and services, such as worldwide emergency hotline services, medical evacuation, reimbursement for unexpected cancellation or delay and more. Travel insurance is designed for problems that arise suddenly during a trip.
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