Category Archives: Business Insurance

Why Your Business Needs Insurance Cover

Businesses need considerable investment to run. To protect the investment and decrease monetary risks encountered while operating a business, it's imperative you obtain protective insurance cover. Remember, each business is different, so every business has different insurance needs. Nevertheless, practical rules exist regarding a business's common insurance needs. The significance of this product can't be…
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How Liability Insurance Can Help You Avoid Bankruptcy

Having a business can be exciting and rewarding. However, it comes with its share of liabilities. While the corporate veil can offer considerable legal protection, your business is vulnerable to different risks. Remember, insurance is a significant part of any business plan and could save your business in the event that a catastrophic loss occurs.…
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Injured At Work-How Much You Can Expect to Receive

Workers' compensation is a sponsored system that pays financial benefits to employees who sustain injuries or disabilities during their employment course. By agreeing to obtain this form of insurance, employees agree to relinquish their right to litigate their employer for negligence. The "compensation bargain" seeks to protect both employers and workers. Most of these plans…
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The 3 Parties That Make Up A Surety Bond

Surety is common in agreements where a party questions whether the counterparty will meet all requirements. The party may expect the counterparty to present a guarantor to decrease risk. In this case, the guarantor will enter into a suretyship contract. This seeks to decrease risk to the lender and this might decrease the interest rates…
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