UK media is currently inundated with advertisements from direct commercial insurance companies aimed at small business owners, as a way to convince them to change their provider of business coverage. The slogans of these companies include “Get 12 months coverage for the price of 10” and “You won’t see us on price comparison website’. These […]

It is essential to consider all possible risks when you work as a builder, or in any other trade involved in construction. Also plan how to minimize them. You should also have insurance to cover for any unexpected events. Building is the second most risky business in the UK, after farming. Building activities can pose […]

Your business’ future could be in danger from big black clouds. However, the dangers are not always from a dark and uncertain future. They could also come from the cumulonimbus thunderclouds that appear regularly in the sky above us. Storm clouds are the most dangerous for business property. Lightning! Lightning is a visible electrical discharge […]

Everybody has felt the pinch after the 2008 credit crunch, which followed a recession, due to high unemployment, low growth and inflation. For many households on low and fixed incomes, having to pay high recurring fees annually has had a devastating effect. Insurance premiums are often billed in one lump sum. Many people have been […]

Two types of coverage are included in a business owner’s policy. The property coverage is the first section of the policy. The policy’s property coverage typically covers business personal property like tables, chairs and fax machines. It also protects software, computers, plotters, plotters, plotters, and other equipment. This policy is written on a cost-per-replacement basis. […]

When market values are falling, property owners find themselves in a quandary about how to provide exact replacement cost values to insurance companies. Given the current economic climate, it makes no sense that the cost of rebuilding your building has increased over the past 15 months. The fixed costs of supplies that are not declining […]

An insurance company’s claim section can reap the benefits of activity-based management. Insurance companies charge premiums to guarantee that they will pay for any losses covered by their insurance contract. An insurance company will pay compensation if a policyholder suffers a loss. There are many factors that can affect the structure and environment of a […]

These policies offer additional liability limits beyond the underlying General Liability, Auto Liability, and Worker’s Compensation policies. Sometimes, these policies can be endorsed for additional coverage beyond the underlying policies. Excess Liability, and Umbrella Liability contracts are confusing. The market is often confused because the terms are frequently used interchangeably. Technically these coverages can be […]

Introduction So, your company is ready to launch. Which insurance should you buy? Your money is tight, and your life is at stake. This article discusses the insurance options for entrepreneurs trying to launch a new business. There are three main categories you should consider: 1. Required Insurance, 2. Critical Risks, 3. Economic Risks Required […]

An estimated 25 to 33% of road accidents involve van drivers who were at work. An annual study by the police in the UK found that more than 47,000 light-duty vehicles are being stolen each year. The cost of these thefts and accidents is a massive £152million in lost assets, as well as the cost […]