As the U.S. economy continues to be disrupted by the coronavirus pandemic, businesses large and small have had to close down, declare bankruptcy or cut back on their operations. According to the Bureau of Labor Statistics, 16.3 million Americans were without work in July, compared to just under 6 million in the previous year. Many Americans […]
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It is expensive to get medical insurance. Many people believe they are sufficiently healthy to forgo medical insurance in their 20s. It might seem great to reduce your medical insurance spending if you don’t see a doctor often, or if finances are tight. Instead of worrying about insurance premiums or co-payments, you can pay for medical […]
Geico is most well-known for its auto insurance which covers more than 28,000,000 vehicles. However, it also offers other insurance through its partners. Geico renters insurance, which is not provided by Geico, is provided by third parties. Once you have completed the quote process, you won’t know which insurer you were paired with. If you have […]
Your insurance deductible is the amount you pay before your insurance kicks in. A higher deductible will lower the total cost of your policy. Although you don’t want to be forced to file an insurance claim, you will at least get reimbursed for any money you spent. Not quite. Your insurance company will subtract your insurancedeductible […]
Any business, regardless of size, strives to survive, sustain, and increase its profits. Business of any size and type can lose their profits due to unforeseeable circumstances, such as fire, natural calamities or theft, or other riots. If they are faced with adverse circumstances, it can be very difficult for small businesses or individuals to […]
Your clients are wealthy and have left you the responsibility of caring for their precious pet dogs. You were walking a Siberian Husky (an Afghan Wolfhound) and a Chihuahua on a sunny afternoon when you encountered a stray feline blocking your path. Dogs, being dogs, became aggressive and chased the feline that was dragging you. […]
Captive insurance companies are a great option for business owners who pay taxes in the United States. In many ways, a captive insurance company (CIC), is the same as any other insurance company. Because it provides insurance to one or several related businesses, it is called “captive”. Captive insurance is where premiums paid by businesses […]
Many large insurance companies have recently been advertising that they are cheaper when prospective customers purchase directly from them. Many thrifty buyers of insurance may feel tempted by news reports that the Bank of England will have to borrow its own money to bail out the British economy to prevent a second recession. RiskHeads conducted […]
Home-based businesses account for more than half the small businesses in the United States. The Census Bureau estimates that more than 27 million home-based business exist as of 2007. This number has increased since the downturn in the economy, when many people lost jobs. This has led to the rise of small-scale, home-based businesses today […]
There are several grounds that can be used to bring malpractice action against attorneys. It is possible to bring both clients’ and non-clients’ suits. Lawyers’ Malpractice Insurance policies, also known as lawyers professional liability policies, are not all created equally. There is no one policy that covers legal malpractice. Important policy provisions may differ from […]