Is Income Protection Insurance a Liability?

Is Income Protection Insurance a Liability?

I for one am very tired of all the life insurance advertisements as they have one purpose in mind; to spread fear into the customer to urge them to purchase a policy. They also like to make us believe that they are our friends and that they are here to help us "but first we must fill your consciousness with fear" as this is the only way they can sell these policies.

Then of course there are those advertisements which tell us that at some point we will all become sick and will not be able to support our families, so you need this other policy to protect your income.

When is a Policy an Asset?

I admit that anyone who is self employed in any manner should have at least a base policy to help them in the event that a claim has to be made. However, you really do need to ask a lot of questions before accepting the policy as everything is not as it seems.

These types of income protection policies are usually tax deductible.

However as I mentioned in a previous article business expenses are deductions not rebates, just because its a tax deduction it does not automatically mean that this expense will not end up costing you anything, as it will, but at least it's a shared expense.

Some things you should know when taking out a policy

Before you take out an income protection policy you need to ask a series of questions to ensure the policy is going to pay you if you need it.

I have personally been involved on both sides of the fence, and whilst these 3 questions are not the only questions you need to ask they are a great place to start. How long is the true waiting period ?
What happens if I return part time ?
What effect does my existing skills have on the policy ?

The waiting period before making a claim is significant as sometimes you have to double this period of time. My policy states I have a waiting period of a month, as this is what I choose... But this does not mean I will be paid after the first month of illness or injury. For me this is the qualifying period I must wait before I can claim, then I have to wait another month before I will be paid, as they pay in arrears. So for me I consider I have a 2 month waiting period.

Will you pay me if I return to part time work. A lot of policies will tell you that you can actually return to part time work under doctor advice and they will pay you a difference whilst you are getting back on your feet. However, they also don't make it clear that in some of these cases they mean returning to a part time position in another occupation, not your normal occupation. They may immediately cease payments if you return to your normal occupation for ANY period of time, even 1 hour a day, and even if your doctor clearly states that you cannot return to full time. If you have this type of policy you might be best volunteering in a soup kitchen while you get fit and well.

Your existing skills and education can also be used to get out of paying you. I have a policy that relates only to my current occupation. If I need to make a claim they can only look at whether I can perform my usual occupation, not the other 50 odd occupations I performed over my lifetime. Some policies will do something like this; if I am a carpenter and I damage my back and cannot work in my occupation, but I drove taxi's part time 10 years ago, the insurance company may not pay because they will tell me that my injury does not restrict me driving, and because I have already proven skills in driving a taxi, they will tell me to stop bothering them and go drive a taxi for a living.

Remember

Behind all the advertising and all the social fear you will find a company that exists primarily for themselves only. They are usually not here for us, they are skilled marketers, they exist to make a profit, and if they can find a way not to pay you then this is the choice they will take.

But remember that in a time of a crisis, when illness or injury strikes you might want this protection to save your own butt. Don't let your insurance policy become a liability, ensure that your policy will cover you if you need it.

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Small Business Owners Insurance and Liability

Small Business Owners Insurance and Liability

Helios Protection is a component part of Helios Insurance group and initially participates in insurance brands like general liability insurance and casualty insurance market. We have a good experience in commercial insurance sector and provide effective platform to protect your business. It does not matter whether your business is small or large, one disaster can take away all of your profits and obliterate your business. The best way to protect the money and effort that you have invested in your business is to take business owner insurance.

One type of insurance policy that is available is the business owner's insurance policy. It is a package that is usually purchased by smaller or mid-size businesses, which combines liability risks and major property protection, together in one package deal.

Package policies are designed for businesses that generate similar risk factors, as opposed to larger companies, which would purchase a commercial package, or a customized package policy that would be created to suit their special needs.

Insurance for business owners safeguard buildings along with other features such as additions (completed or being built); indoor and outdoor fixtures; machinery and equipment; landlord furnishings, and maintenance property (such as mowers, snow blowers, ladders, etc).Equipment insurance is also covering outdoor furniture, floor coverings, and appliances used for refrigerating, ventilating, cooking, dishwashing, and laundering. The insurance for equipment coverage will also apply to materials, equipment, supplies and temporary structures located near the insured premises.

 

Naturally, there are certain situations that are not covered by Small business liability insurance. For instance, there is no coverage for losses involving most vehicles, money and securities; illegal property (contraband), land, water, growing crops or lawns; or watercraft.

Nobody thinks that a disaster is going to happen to him or her, although a disaster can happen to anybody, so it is better to be prepared. Before taking Business Owner Insurance it is important that you take inventory of your property and make a note of its value. If you have a list of your business inventory, and it is up to date, it will be much easier to settle your insurance claim quicker. The verification of your losses on your business income tax return can also help you to buy the right amount of insurance that is needed. The insurance liability coverage provides comprehensive protection for claims or suits made by other parties. This section covers losses involving injury to other persons or damage to property that belongs to others. It also provides limited protection against personal injury (slander or libel), advertising injury and losses involving an ope ration's products or services.

 

Katrina watson is well known writer, focusses on Insurance for business ownersand know more about information Small business liability insurance

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What Are Car Insurance Split Liability Limits?

What Are Car Insurance Split Liability Limits?

We all know that car insurance is essential in today's society. Not only is liability insurance required by most states, but it is simply common sense to protect yourself in case you cause an automobile accident.

However, many drivers assume that their standard policy is enough to cover them in most situations. When you consider that a serious accident can result in significant medical cost (not to mention lost wages and pain and suffering), you realize that a typical liability insurance policy that covers, say, 0,000 in damages is not enough.

Not only that, but you need to be aware of any restrictions and limitations that are part of your insurance coverage. In particular, some policies have what are called split liability limits. In other words, the amount the insurance is willing to pay will differ depending on the circumstances of the accident.

Usually, you choose a limit for any injuries you cause to a single person.

You then have another liability limit for any injuries you cause to multiple people in a single accident. Lastly, your policy will have a limit for the damage you cause to property in a single accident.

As you can tell, this can be pretty confusing when you have different amounts for different situations. More importantly, you may believe that you are adequately covered, but depending on the specific situation you may not have enough insurance to pay for damages.

For example, let's say your insurance policy has a total liability limit of 0,000. This is the maximum amount the insurance company will pay for any damage you cause in an accident, including property damage and physical harm to the driver of the vehicle. However, this particular policy has a limit of ,000 per person.

Let's say you cause an accident in which two passengers are seriously injured. Let's also assume that their medical bills come to 0,000 each. The total cost is 0,000, so you might think that you are covered because your total limit is 0,000. However, remember that the limit per person is only ,000, so the insurance company will only pay a total of 0,000. It would be your responsibility to pay the rest.

As you can see, split liability limits have their dangers, and you should be careful to completely understand your policy in case you ever need it. Odds are you will be involved in some sort of accident at some point during your driving career. You need to be prepared in case the worst happens, even though you should take precautions to avoid accidents. You may want to avoid split liability policies altogether.

Learning to choose auto insurance wisely could be one of the best decisions you make for you and your family. Click Here to learn more about auto collision insurance

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Insurance Companies For Medical, Liability & Car Insurance UAE

Insurance Companies For Medical, Liability & Car Insurance UAE

Insurance

Insurance is a business which provides assurance of reparation for particular loss, damage, illness, or death in return for payment of a premium. This risky and unpredicted world has increased the scope of insurance in the world especially in developed countries and UAE is no exception, and this is why you can see many companies for medical insurance, car insurance UAE, etc.

Types of Insurance

Any risk that can be calculated may be potentially insured. Specific kinds of risk that may give rise to claims are known as perils. An insurance policy will set out in details which perils are covered by the policy and which are not. Below are non-exhaustive lists of the many different types of insurance that exist.

Home Insurance:

Home insurance provides a package of indemnity for damage or destruction of the insured’s home.

In some areas, this home insurance policy does not include certain kinds of risks such as flood and earthquake that involve extra coverage.

Health Insurance:

Health insurance or medical insurance policies cover the cost of medical treatments. This kind of insurance provides various medical benefits to the insured.

Casualty Insurance:

Casualty insurance insures the policyholder against accidents, not essentially fixed to any definite property.

Life Insurance:

Life insurance provides a financial assistance to a deceased’s family or other nominated recipient’s expenses.

Property Insurance:

Property insurance provides protection against risks to property such as fire, theft or weather damage. This may include specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, inland marine insurance or boiler insurance.

Liability Insurance:

This type of insurance provides assures to protect your business in case of any potential loss due to policyholder’s liability for any injury or damage caused to others. In the event of any liability insurance, policy will be responsible party to repay the loss of other party.

Credit insurance:

Credit insurance is a type of insurance which repays some or all of a loan when certain circumstances arise to the policyholder like unemployment, disability, or death.

Car insurance:

Car insurance also known as auto insurance, gap insurance, vehicle insurance, or motor insurance is the insurance paid for different vehicles like cars, trucks, motorcycles, and other vehicles. Auto insurance protects the policyholder against financial loss in the event of an incident involving a vehicle they own such as in a traffic collision. You can avail the car insurance UAE from reliable companies.

Other types of Insurance:

Other types of insurance includes all-risk insurance, bloodstock insurance covers, kidnap and ransom insurance, legal expenses insurance, locked funds insurance, livestock insurance, media liability insurance, business interruption insurance, collateral protection insurance, Defense Base Act (DBA) insurance, expatriate insurance, pet insurance, pollution insurance, purchase insurance, title insurance, and travel insurance.

There are many good business quality insurance companies active in United Arab Emirates. These companies provide the best opportunities in car insurance, disability insurance, home insurance, liability insurance, property insurance, life insurance, casualty insurance, medical insurance and many other types of insurance policies.

Author Bio
Andy Robert is a reputed medical insurance agent, and has been working in the local insurance companies and car insurance UAE business for the last three years. He has worked as a consultant with a number of reputed financial institutions, and is currently residing in Abu Dhabi.

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Tax Liability

Tax Liability Tax Breaks reduce average tax liability by about ,000 per return. A TAS analysis found that, on average, the tax liability of each individual who files a federal tax return is reduced by about ,000 a year due to these tax breaks. Moreover, since tax is computed as a percentage of income, a taxpayer who pays a 25% tax rate could be benefiting from deductions or exclusions from income worth ,000. The report presents an example of a fairly typical taxpayer who faces a 25 percent marginal tax rate on his taxable income, yet ends up paying an average tax rate of 9% on his gross income because of tax breaks.

If tax breaks are to be substantially lowered, many existing tax breaks will have to be eliminated immediately and others will be phased out. But I believe most taxpayers will conclude this is a worthwhile trade-off. If tax reform proceeds on a revenue-neutral basis, the average taxpayer's liability will not change, and we will end up with a tax system that is simpler, more transparent, and easier and cheaper for taxpayers to navigate.

The report acknowledges that Congress may at some point raise tax revenues to address the nation's long-term fiscal challenges. However, the report suggests that Congress first enact structural tax reform on a revenue-neutral basis and keep separate the decision whether to adjust tax rates.

Zero-Based Budgeting approach recommended. The report recommends that Congress approach tax reform in a manner similar to zero-based budgeting. The starting assumption should be that all tax breaks would be eliminated; a tax break would then be retained only if a compelling case can be made that the benefits of providing the tax break outweigh the complexity burdens it creates. The report suggests additional core principles for tax reform and summarizes key simplification proposals the Advocate's office has made in past reports, including repealing the Alternative Minimum Tax for individuals and consolidating the number of incentives that encourage taxpayers to save for education and retirement.

The National Taxpayer Advocate is today launching a web page to solicit taxpayer suggestions regarding tax reform. What would taxpayers be willing to give-up if they knew that others are giving up their tax breaks and the end result would be a much simpler system? Olson asked. What particular provisions of the existing tax system are especially burdensome or seem particularly unfair? Suggestions may be submitted at http://www.TaxpayerAdvocate.irs.gov.

If you have any questions about online income tax filing or where to file taxes online please visit our site: HTTP://free1040.com

Sandi Lattin
Free 1040
Russellville, Arkansas
http://free1040.com

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Tax Liability

Tax Liability Tax Breaks reduce average tax liability by about ,000 per return. A TAS analysis found that, on average, the tax liability of each individual who files a federal tax return is reduced by about ,000 a year due to these tax breaks. Moreover, since tax is computed as a percentage of income, a taxpayer who pays a 25% tax rate could be benefiting from deductions or exclusions from income worth ,000. The report presents an example of a fairly typical taxpayer who faces a 25 percent marginal tax rate on his taxable income, yet ends up paying an average tax rate of 9% on his gross income because of tax breaks.

If tax breaks are to be substantially lowered, many existing tax breaks will have to be eliminated immediately and others will be phased out. But I believe most taxpayers will conclude this is a worthwhile trade-off. If tax reform proceeds on a revenue-neutral basis, the average taxpayer's liability will not change, and we will end up with a tax system that is simpler, more transparent, and easier and cheaper for taxpayers to navigate.

The report acknowledges that Congress may at some point raise tax revenues to address the nation's long-term fiscal challenges. However, the report suggests that Congress first enact structural tax reform on a revenue-neutral basis and keep separate the decision whether to adjust tax rates.

Zero-Based Budgeting approach recommended. The report recommends that Congress approach tax reform in a manner similar to zero-based budgeting. The starting assumption should be that all tax breaks would be eliminated; a tax break would then be retained only if a compelling case can be made that the benefits of providing the tax break outweigh the complexity burdens it creates. The report suggests additional core principles for tax reform and summarizes key simplification proposals the Advocate's office has made in past reports, including repealing the Alternative Minimum Tax for individuals and consolidating the number of incentives that encourage taxpayers to save for education and retirement.

The National Taxpayer Advocate is today launching a web page to solicit taxpayer suggestions regarding tax reform. What would taxpayers be willing to give-up if they knew that others are giving up their tax breaks and the end result would be a much simpler system? Olson asked. What particular provisions of the existing tax system are especially burdensome or seem particularly unfair? Suggestions may be submitted at http://www.TaxpayerAdvocate.irs.gov.

If you have any questions about online income tax filing or where to file taxes online please visit our site: HTTP://free1040.com

Sandi Lattin
Free 1040
Russellville, Arkansas
http://free1040.com

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Tax Liability

Tax Liability Tax Breaks reduce average tax liability by about ,000 per return. A TAS analysis found that, on average, the tax liability of each individual who files a federal tax return is reduced by about ,000 a year due to these tax breaks. Moreover, since tax is computed as a percentage of income, a taxpayer who pays a 25% tax rate could be benefiting from deductions or exclusions from income worth ,000. The report presents an example of a fairly typical taxpayer who faces a 25 percent marginal tax rate on his taxable income, yet ends up paying an average tax rate of 9% on his gross income because of tax breaks.

If tax breaks are to be substantially lowered, many existing tax breaks will have to be eliminated immediately and others will be phased out. But I believe most taxpayers will conclude this is a worthwhile trade-off. If tax reform proceeds on a revenue-neutral basis, the average taxpayer's liability will not change, and we will end up with a tax system that is simpler, more transparent, and easier and cheaper for taxpayers to navigate.

The report acknowledges that Congress may at some point raise tax revenues to address the nation's long-term fiscal challenges. However, the report suggests that Congress first enact structural tax reform on a revenue-neutral basis and keep separate the decision whether to adjust tax rates.

Zero-Based Budgeting approach recommended. The report recommends that Congress approach tax reform in a manner similar to zero-based budgeting. The starting assumption should be that all tax breaks would be eliminated; a tax break would then be retained only if a compelling case can be made that the benefits of providing the tax break outweigh the complexity burdens it creates. The report suggests additional core principles for tax reform and summarizes key simplification proposals the Advocate's office has made in past reports, including repealing the Alternative Minimum Tax for individuals and consolidating the number of incentives that encourage taxpayers to save for education and retirement.

The National Taxpayer Advocate is today launching a web page to solicit taxpayer suggestions regarding tax reform. What would taxpayers be willing to give-up if they knew that others are giving up their tax breaks and the end result would be a much simpler system? Olson asked. What particular provisions of the existing tax system are especially burdensome or seem particularly unfair? Suggestions may be submitted at http://www.TaxpayerAdvocate.irs.gov.

If you have any questions about online income tax filing or where to file taxes online please visit our site: HTTP://free1040.com

Sandi Lattin
Free 1040
Russellville, Arkansas
http://free1040.com

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How to Provide any Insurance liability coverage

How to Provide any Insurance liability coverage

Coverage: Contractors Equipment:

Have you ever been driving down the road and alongside the road you see all this expensive contractor’s equipment used to make roads or widen them? Or have you seen a jobsite where cranes are used along with other types of equipment to put up a building? In seeing these jobsites has it caused you to wonder how insurance coverage is provided for this equipment due to the fact that it moves from jobsite to jobsite? We have an answer to your question on how to provide coverage for contractor’s equipment as it moves to the various jobsites.

The physical loss of this equipment is covered under a contractor’s equipment floater policy. The reason “floater” is used is because the policy provides coverage for the equipment while at the various jobsites and at the contractor’s permanent yard.

epl Insurance Coverage is also afforded while the equipment is in transit. The contractor’s equipment policy can provide coverage for extremely large equipment to coverage for small hand tools.

The Contractor insurance equipment can be eligible for this coverage by not being licensed for use on the road. If it were licensed, the equipment would need to be covered under an automobile policy. The equipment must be owned or leased by the business for use in the business’s operations. This coverage is meant to provide for equipment used in the business and not the personal property of the owner of the company.

What does the coverage form provide in the way of coverage?

You can get a named peril policy that only covers those perils named in the policy. If the coverage is not stated, it is not covered. You can also obtain an All-risk policy which, if the peril is not specifically excluded, is covered. This is a very broad form of coverage for contractor’s equipment. The liability coverage for the use of the contractor’s equipment is provided under your Business owners insurance liability coverage.

Some common exclusions in the all-risk form of contractor’s equipment are: wear and tear, employee theft, war, voluntary parting, overload, water born losses, and mechanical breakdown. Some of the most basic causes of loss covered are: fire, theft, vandalism, and windstorm. Some policy forms (not all-policy forms) will provide coverage for flood and earthquake (again, this is not true in all policy forms). You need to shop carefully and ask many questions until you are satisfied you have the right form for your business.

 

Katrina watson is  well known writer, focuses on  underground storage tank insurance through her write-ups. Know more about what is d&o insurance

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What is liability coverage auto insurance type?

What is liability coverage auto insurance type?

Car accidents occur more frequently than one thinks. In the year 2005 alone there have been a reported number of nearly 6,420,000 vehicular accidents in the United States.  In those crashed, an estimated number of around 2.9 million were injured during those crashes and more than 40,000 died in those accidents. Based on those numbers a calculated total of 115 people die every day in the United States because of car accidents. If you cannot fathom the severity of that, imagine one person dying every 13 minutes just by getting in a car. The cost totaling from those vehicular accidents round up to approximately 230 Billion dollars – billions of dollars were lost in car accidents and this was just in one year alone. Because of these safety hazards, the importance of saving ahead and investing in auto insurance is more than a wise choice, most states mandate that a vehicle must have at least some sort of auto insurance to ensure road and driver safety.

One of the basic a uto insurance types covered by this law is the liability coverage. This coverage covers mains the vehicular accidents and hazards. The major clause binding this type of insurance however is the "liability" clause which simply states that you have to be at fault in order for insurance to cover the damage. This is a bit practical in analysis but can sometimes be a source for loopholes in cases.

There are several types of liability coverage car insurance and these are: (1) property damage liability, (2) bodily injured liability and (3) underinsured or uninsured motorist coverage. The first type ensures the covering in terms of replacement and repair of physical properties during an accident. For example, if one car tail ended another car leading for it to spin and crash into a fence of a house.

This type of insurance not only covers the cost of the repair of the car but also the replacement and repair of the said damaged fence. During the same situation, if for example, a by standing child is injured instead of a fence, in a bodily injured liability type, the hospital expenses would be covered by the insurance. In the possible event that the car which tail ended your car is uninsured for instance during the accident, in the third type of insurance, the damages on your car may be taken on by your insurance company.

Other accident related auto insurance types other that the liability coverage also exists and come numerous in number. Some of the more common types are the collision type, which covers the expense of repair of your car in case you are liable for the accident. The comprehensive type is also popular but a bit more expensive as it covers repair of your car for reasons caused by other and even for a variety of other reasons such as floods, fires or even earthquakes and other natural phenomenon. Lastly, the medical payments or personal injury protection type ensures medical insurance coverage for those injured or killed at the accident regardless of whoever may be at fault at the time. With these various insurance types, make sure to read and know the clause of your agreed insurance so you may know what may be your options and possible concerns in case of a vehicular accident.

Are you looking for more information regarding auto insurance? Visit www.onlinecarinsuranceinfo.com today!

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Property And Liability Health Club Insurance

Property And Liability Health Club Insurance Health club establishments are seen are high-risk commercial businesses to insurance providers. Because of this, many commercial insurance providers will stray away from this category of insurance. If you are looking for quality and comprehensive health club insurance, it is important to browse the market for companies that specialize in offering customizable packages to fitness club owners. Packages can be designed for owners who are operating on a leased premise or those who actually own the building. If you are quoting insurance packages to build an adequate insurance portfolio, it is important to understand the different types of health club insurance. Browse through the options below and create a comprehensive package that covers all types of exposures.

Fitness Insurance packages include property insurance, general liability insurance and professional liability insurance and personal injury insurance. While each of these forms of insurance may seem similar, they are all designed to cover different potential claims that could be financially harmful to your business. Going without even one type of insurance could leave you open to risks that could bankrupt your business if a claim arises.

Property Insurance

Health club insurance works similarly to property insurance in all commercial industries. You premiums will depend on your claims history, amount of equipment, whether you are leasing or renting, and the size of the premises just to name a few factors. Tenants will need to add endorsements to their property insurance that protect not only the company but also the property owner. A tenants policy will be less expensive because the dwelling itself will be covered by the property owner and the fitness club is only required to cover building improvements, business liability, medical payments to others, business operations, and business property. An owner's policy is designed to cover all of these items in addition to the property itself. It is important to calculate annual net revenues and equipments values accurately to ensure you are covered sufficiently.

Liability Health Club Insurance

Liability options tend to get confusing for those who do not practice insurance. General Liability insurance is designed to protect the business against claims for injuries or damages due to negligence of the business or employees. General liability is required for all health fitness clubs operating in the United States. Professional liability insurance is available to cover exposures that are excluded from general liability coverage. This coverage includes protection against bodily injury arising out of rendering or failing to render services. Personal Liability is designed to cover against slander, libel or wrongful invasion of privacy claims.

Understand the coverage options you have available to you. Several insurers will exclude specifics types of claims. It is important to tailor your policy to cover potential risks on your premises. Do not find out the hard way and ensure you are adequately protected.

Click Here for more information or visit our blog at Health Club Insurance.

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Construction Insurance describes types of Contractor Liability Insurance policies

Construction Insurance describes types of Contractor Liability Insurance policies

"Construction insurance" is a broad term used to describe types of Contractor liability insurance policies that can be purchased to protect contracting operations.

 

It's easy to find news stories about accidents on a job site, as Contractors liability exposure can be sky high. Liability for work done doesn't just stop when the Contractor says the job is done either. Trouble could come years after the work is completed. An improperly welded pipe connection could let loose and cause water damage a year later. Faulty wiring could easily cause a building to burn even 5 years after electrical work has been done. A child playing in a construction area can injure themselves or others playing with raw materials. Examples like these have no end.

Because of the kinds of risks that could be faced by a Contractor, Contractor insurance is used as protection for the business operations of the Contractor from unforeseen and certainly unwanted lawsuits and litigation proceedings stemming from Property Damage or Bodily Injury incidents.

It starts with a Contractor Bond which can be obtained fairly easily, though the cost of a Contractors bond is based on the applicant's credit.  The bond becomes "assurance" or "surety" that the Contractor is going to fulfill the job to a satisfactory degree.

In addition, a bond may be called upon to pay for things like an unpaid supplier or subcontractor, or in the case of stolen or missing materials from the job site or damage to the construction site.

If a Contractor is lucky enough to grow the business to the point where subcontractors are needed, General Contractor insurance could carry higher Contractor Liability Insurance limits of million, million or more. An expanding operation may even benefit from a wrap insurance policy, a type of General Contractors insurance used to cover entire large scale projects like shopping malls, condos or apartment houses.

Insurance for Contractors doesn't have to be complicated, but unfortunately most people perceive it that way. Therefore, make a list of questions to ask your Broker to help make sure the Contractor's insurance you're purchasing fits your needs now, and reasonably into the future of your business. Even though endorsements, otherwise known as policy changes may be able to modify some coverages while the policy is in effect, there's no substitute for buying protection that can grow with you from the very beginning.

 

You and your Broker both share responsibility for acquiring the right Contractor insurance liability, so make sure you choose a Broker who knows what they're doing and can explain features and benefits of the Contractors insurance policy to your satisfaction. Insurance is very competitive, so a Broker who's connected with several insurance carriers and gives you the best of what they've got may prove to be a very valuable asset to you.

Knowing that you've obtained the right Contractor liability can take you far, giving you peace of mind to operate your business now and for a very long time.

www.contractors1stinsurance.com is the No.1 source for Contractors Bond, General Contractors Insurance and Contractor Insurance Liability.

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Truck Liability Insurance: A Truck Insurance Coverage Primer

Truck Liability Insurance: A Truck Insurance Coverage Primer

Commercial truck insurance comes in a variety of different forms. This is due to the fact that the commercial truck industry is highly diversified. Some motor carriers and independent haulers carry a variety of goods while others carry only specific cargo. Some carry no goods at all and work solely as commercial service vehicles, as is the case with many construction trucks. Sometimes the "goods" carried are another automobile, as is the case with tow trucks or car carriers. This high degree of specialization in the truck industry has forced the commercial truck insurance industry to become equally encompassing. Many different coverage options are now available to cover the many facets of the industry.

The type of insurance coverage needed will depend on factors such as state and local regulations, the nature of the cargo and commercial truck, and the individual needs of the motor carrier or independent driver in terms of coverage amount.

Primary Truck Liability Insurance

First and foremost, all truck drivers must be covered by a primary liability policy. This covers the cost of damages and bodily injury sustained to others in an accident a truck driver may be involved in. This is the most basic type of commercial truck insurance and is required by law for all commercial truck drivers to have.

Additional Truck Insurance Coverage

Primary liability coverage does not, however, cover damage to your personal property.

Independent haulers need to be aware of this as their trucks will be at risk when on the road and their contracted employers may not cover the cost of repairs. A separate physical damage policy can be purchased to cover such costs. Oftentimes, physical damage clauses will be presented in the form of comprehensive coverage. Comprehensive coverage is typically more expensive than simple truck insurance required by law in order to operate your vehicle, but the tradeoff is that your own assets are protected, regardless of fault, and comprehensive coverage makes provisions against disaster, fire or theft in addition to the physical damage insurance clauses.

Bobtail Insurance

Back to independent truckers, Bobtail insurance is also an important type of coverage for independents. It serves as a substitute for primary liability coverage when independents are not actively dispatched (and therefore not covered by an employer's liability policy). Another type of coverage includes cargo insurance. Cargo insurance may need to be purchased in addition to liability insurance to protect against liability for damage to cargo you do not own. It may also be required by federal or local law if you haul dangerous materials. 

Patrick Winchester is a writer with truck insurance know-how.  Visit this original blog post at: http://royaltytruckinsurance.com/blog/2011/07/truck-liability-insurance-a-truck-insurance-coverage-primer/ or check out some more truck insurance resources at http://royaltytruckinsurance.com/articles.html

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The Need Of Car, Liability & Medical Insurance

The Need Of Car, Liability & Medical Insurance

Nowadays it is not easy to bear the cost incurred in a big loss like injury, property damage, business, financial loss, etc. In order to minimize such heavy expenses, there are many insurance companies which are working by helping in recovering such losses. These play a vital role and take responsibility of all the damages of one’s possessions who has taken a certain insurance policy. It is like transferring risk from yourself to the car or medical insurance company. One has to follow the rules and regulations set by the company in terms of paying monthly payments called premium which an insurer gives to an insurance company. It is the amount a policy holder pays for a specific coverage plan.

Although buying of insurance policy will not exactly exclude the risk of death, illness, injury or property damage, it will relieve the insurer from heavy and uncertain financial losses.

The insurance companies normally covers following types:

Medical/Health

Life insurance

Liability insurance

Car insurance UAE

It is obvious that illness can strike anybody at any time without any prior notice. With rapid increase in inflation, it is becoming unaffordable to bear unexpected expenses like skyrocketing medical bills, etc. To be prepared in advance for such expenses, a medical insurance company provides complete range of medical plans including:

Individual health plan

Family health plan

Old age health plan

Some plans provide basic medical coverage and some are consisting of all sorts of facilities like maternity services, major surgical operations, etc.

To enjoy the benefits of these plans and to be a part of medical insurance policy, you are asked to pay a certain amount of money as premium by the company you want to insured with. Against premiums, the company promises to help you financially incase of any unforeseen medical expense.

To have a health plan is like a lifeline for you. These help plans assure you to provide financial aid immediately and at the right time. It is experienced that there are so many cases where a serious accident results in death just because of unavailability of the medical treatment that could only be possible in presence of heavy amounts. To avoid such cases and to lower the rate of such deaths, people are specially forced to associate themselves with a health policy which leads them directly to the immediate access to all expenses if needed suddenly.

Unlike a guest, death never knocks at the door and allows us to get ready for it. Like illness, death can also come any time in any way. No one can protect himself from death, but can protect his family from the financial crisis and sufferings in future. Once the earning person has passed away, all the family members behind him will face the financial crisis. Here an insurance company becomes a relief by providing insurance policies. On a sudden death, a twenty year term life insurance can help your family financially and also there are not so much requirements in getting a twenty year plan. On reaching the age of 65 a policy holder can renew it. Similarly, you might require having liability insurance while the car insurance UAE is complier.

Author Bio
Andy Robert is a reputed Medical Insurance agent, and has been working in the local Insurance Companies and Liability Insurance business for the last three years. He has worked as a consultant with a number of reputed financial institutions, and is currently residing in Abu Dhabi.

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Full Coverage Vs. Liability Car Insurance

Full Coverage Vs. Liability Car Insurance

Knowing what type of car insurance to buy can often seem complicated. Most of us want a cheap policy, but we also want to make sure we have the best and most appropriate coverage to ensure we are completed protected. When purchasing car insurance, it is important to select the right amount of coverage that meets your individual needs. To select the best coverage, it is essential to understand the main types of insurance coverage. Two of the main types of insurance that one should be aware of are Full Coverage and Liability Car Insurance.

Liability Car Insurance

Liability insurance is insurance that provides coverage to a third party and property in the event of an incident causing damage that took place outside of the insureds vehicle. All provinces and states mandate that drivers have a specified amount of liability insurance.

You can not drive a vehicle without having liability insurance. If a driver with liability insurance is involved in an accident and was deemed at fault, liability insurance will provide such coverage as the other partys medical expenses and other related costs, and coverage for damage to the other persons vehicle or property. It will not provide coverage for the insureds vehicle. Each province and state has established its own specific laws regarding the minimum liability that they mandate. This amount may not cover severe damages so it is essential to purchase enough liability because an accident causing severe damage can result in years of serious financial hardship. Most insurance professionals advise getting liability coverage of ,000,000.

Full Coverage Car Insurance

Full coverage insurance is optional car insurance. This type of insurance provides liability insurance as well as collision insurance or comprehensive insurance. When a driver gets full coverage insurance, they are not only covered for all of the liability issues, but they can also have coverage if they are involved in an accident. This is very beneficial if you have an expensive car. However, if you only have a car valued at 00.00, collision is likely not worth the cost. Basically, when you have collision insurance, you are covered if you are in a car accident whether or not you are found at-fault. This coverage does not include being intoxicated while driving and getting in an accident.

Comprehensive insurance provides coverage if the damage caused to your vehicle is not caused by another vehicle. Examples of instances where comprehensive insurance kicks in are theft of the vehicle, the vehicle is vandalized, fire, weather event that causes damage such as hail...etc. Comprehensive insurance is designed to cover damage to your vehicle where you are not at-fault. When it comes to full coverage car insurance, a person cannot get collision without comprehensive, but they can acquire comprehensive coverage without collision.

Although car insurance can seem like a wasteful expense, it is actually an investment in ones financial security. No matter what type of insurance you choose, it is important to make sure you are completely covered. The consequences of not having insurance can be many years of overwhelming and personally devastating debt.

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Need of-Employers-liability-compulsory insurance

Need of-Employers-liability-compulsory insurance

Employers liability compulsory insurance, or employee liability insurance as it is greater sometimes recognized, is among the some legitimately needed types of insurance in the United Kingdom. The employee liability insurance plan is intended to guard the policyholder against claims in respect of their legitimate liability for damage held by a staff member through the course of their work.

Any service, whether it is smaller or large, having long term or short-term workers should have employers liability compulsory insurance. It is not simply imperative but is compulsory in UK corresponding to the Employers Liability Compulsory Insurance Act, 1969. This insurance cover helps the industry in protecting the unanticipated prices that comes from wounds of its workers. Specifically for small sized organizations, this is especially helpful owing to the very higher prices of health and security needs, which when incurred unexpectedly makes it tough for the enterprise to bear.

The under details talked about will assist you understand what actually the businesses liability insurance addresses and why it is imperative for small businesses.

What liability it insures? Employers liability compulsory insurance insures the expenses associated with the accidents happened to the employees on site or off site when doing their job.

Also to the medical expenses, the lost pay in the course of the treatment duration of the employees is also insured. It also covers the legalized expenses, which are made on account of the lawsuits submitted by the personnel/his family against the manager for causing harm or death.

How is it practical for the employer? Small Companies have limited funds, which is not adequate to save the enterprise out of difficulties. The employers liability compulsory insurance cover is an imperative aspect of the risk management system of an enterprise. So, by possessing employers liability compulsory insurance, smaller businesses can be assured of timely monetary assist at the case of unexpected monetary liabilities. Additionally, this insurance policy makes a sense of safety among the staff members. It also indicates that the company cares for the staff members.

What happens without it? Small businesses have more probabilities of going ruined if they do not have employers liability compulsory insurance. Any business who leads his business without this insurance, regardless of becoming conscious of the fact that his enterprise may pose potential danger for its staff, is accountable for legitimate prosecution. In addition, according to the Act, it is also compulsory for every organization with acceptable number of workers to possess this liability insurance policy - or else the enterprise will be penalized.

Small enterprises can benefit much not like large companies; small enterprises will have minimal access to capital. Through this liability insurance, a smaller company can quickly deal with the staff members' states costs, which at times run into hundreds and thousands of pounds. This liability insurance also assists the small enterprise in developing the reputation, getting worker fulfillment and being in conformity with the lawful regulations.

As a smaller enterprise owner/manager, you may be concerned regarding the premiums that are necessary to be paid every month/year. Bear in mind, you cannot lay your whole firm at danger attempting to keep small amount that you are meant to expend on employers liability compulsory insurance.

The author is an insurance professional and expert. He is currently working in Quoteus Insurance a leading insurance broker in UK providing quotes for Employers liability compulsory insurance, liability insurance.

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Third party liability car insurance facts

Third party liability car insurance facts

Car insurance has different coverage for every situation. Third party car insurance also known as liability insurance is an example of this. Third party liability insurance covers the damages and injuries caused by the accident to the third party of a used car finder . Besides this, third party insurance involves other facts that are important in making insurance claims. Some of these facts are written below.

An insurance contract involves two parties. The insured party is made up of individuals receiving the protection provided by the insurer. The other party is commonly referred to as the "third party". This is made up of individuals who suffer the damages and injuries caused by the actions of the insured.

Liability insurance allows the insurer to cover the expenses caused by the injuries and damages inflicted by the insured to the third party.

The damages and injuries could have been the result of the actions of the insured party.

This coverage is essential for car owners since it prevents them from getting financially ruined. This is a necessity no matter how you consider yourself as a safe driver. Failure to possess an insurance policy could also mean additional penalties for this is a legal requirement in most states.

Liability insurance involves property damage and bodily injury. The coverage for property damage handles the expenses obtained from the damages on the property or the vehicle of the third party in case of accidents. Liability insurance coverage on the other hand handles the expenses incurred from bodily injuries caused by the accident.

Third party liability insurance involves a three-two digit number series. This series determines the amount that the insurer would handle as part of the insurance coverage.  For example, the number series is 50/75/100. This means that the insurer would handle up to ,000 of the expenses caused by damages to property, ,000 for the injuries incurred, and 0,000 as the maximum amount that the insurer would handle for every occurrence.

The most satisfying kind of writing for me is when I make a complex subject understandable to as many people as possible. And the complex subjects can truly be anything at all. If you have any more questions regarding find car,find auto,search car,car finder,car finders feel free to visit us at http://www.carfinderservice.com/

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Automobile Liability Insurance - The In's and Out's of Auto Liability Insurance Coverage

Automobile Liability Insurance - The In's and Out's of Auto Liability Insurance Coverage

Automobile liability insurance is the single most important part of any car insurance policy. If you have enough of this coverage then you will be able to rest easy in knowing your personal finances are not going to be decimated as a result of an auto accident. If you don't have enough you could find yourself in serious financial trouble.

Liability insurance pays the other person for any damages to their vehicle or person that you have played a part in during an automobile accident. This type of coverage is required in forty-nine of the fifty states and each the amount of coverage you are required to purchase varies depending on where you reside.

Your liability coverage will be broken down into three different sections. The first is how much your insurance company will pay out to one injured person, the second part is the maximum amount it will pay out to all injured parties in the accident, and the third will cover the property damages resulting from the accident.

It is very important for you to realize that your insurance company will not pay out more than the maximum amount of coverage you purchase.

For instance if you purchase a five thousand dollar maximum amount of personal injury insurance the insurance company will not pay more than that.

If someone is badly injured in an accident and winds up with tens of thousands of dollars in medical bills your insurance company will pay the first five thousands dollars. You can, and almost certainly will, be held liable for paying the balance. You can see why purchasing additional liability insurance is a good investment.

If you do not have enough liability coverage a judge can attach your weekly paycheck until the debt is paid, they can also force you to liquidate real estate holdings, stocks, or anything else of value in order to satisfy the debt.

This is why it is vitally important for you to purchase enough automobile liability insurance.

The additional coverage can be found online for less money than you are currently paying for your car insurance. By purchasing a new automobile insurance policy online you can get the coverage you need at a price you can afford.

Compare cheap automobile liability insurance quotes online for free at http://www.SuperCheapQuotes.com today.

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Homeowners Insurance and Personal Liability

Homeowners Insurance and Personal Liability

An important part of home ownership is making sure you are protected by homeowners insurance. Devastating events like fires and floods are tragic enough without the prospect of not being able to replace your home or belongings. However, homeowners should be aware that insurance is not just a way to repair or replace their home in the event of damage or loss. A vital part of homeowners insurance provides coverage in the event someone is injured while on or by the owner's property.

Ever notice when you call a home insurance company for a quote, they usually ask if there are dogs, trampolines or pools on your property? This is because insurance companies are well aware that anyone injured on your property can sue the homeowner for anything from payment of medical costs, to lost wages, to recompense for pain and suffering. And because dogs can bite, and trampolines and pools are notorious for resulting in injuries, insurance companies consider these items when they determine your insurance rate.

But even innocuous events can occur which you can't entirely avoid. Something as simple as a neighbor's child running across your lawn and tripping over a tree root can end up costing a homeowner. Therefore, homeowners insurance usually includes coverage for personal injury. But a homeowner should always review this coverage to make sure it is adequate to protect them in a variety of events.

First, make sure your coverage includes an adequate amount for Personal Liability. Personal liability provides coverage in the event you are found liable for the injury or damage of another person or their property. For instance, if your child knocks a ball through the neighbor's window, or a person slips on your front step and sues you for damages, this coverage may help mitigate some of the costs associated with these events.

Again, however, coverage is limited to both the amount a homeowner elects as coverage, as well as the policies exclusions of coverage.

Second, a homeowner should make sure they have adequate coverage for Medical Payments. This coverage covers the medical costs of anyone accidentally injured while on your property. Note, however, that generally this does not cover the medical expenses of anyone who is considered a resident of the house. This coverage is different from Personal Liability in that it is solely to cover medical costs. As medical costs are often a large chunk of any settlement, it is important that an insurance policy provide both these coverage so as to adequately provide for the total amount required to be paid out.

Even if you have coverage already, it is vitally important that you are aware of what and how much your policy will cover, as well as the policies' exclusions. Though you may be required by your lender and/or state to have a minimum amount of coverage, this is too often not adequate to cover anything beyond minor injury or damage. A good option for many is to add an Umbrella Policy which can greatly increase your liability coverage.

It is also important to understand how homeowners insurance works so that we understand our own options in the event of an injury on another's property. If you have been injured on someone else's property, be sure to contact an Illinois personal injury attorney who can research the owner's coverage and advise you of the best way to receive compensation for your injuries.

Brooke Haley marketing associate at Millon & Peskin, Chicago workers compensation lawyer that practice in the areas of Civil Litigation, Workers' Compensation, and Personal Injury. Millon & Peskin is a General Civil Litigation Practice with the goal of representing the interests of injured workers, throughout all applicable Courts within the State of Illinois. For more information, please visit http://www.millonpeskin.com

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Truck Insurance Introduction: Primary Liability

Truck Insurance Introduction: Primary Liability If youve been driving for any amount of time, then you know traffic accidents can happen when you least expect themespecially if youve been a truck driver, spending so much time on the road.

Auto and truck insurance are essential policies and always required to some degree by state and federal law.

In order to protect motorists from being straddled with repair costs and medical bills when involved in accidents where they were not at fault, most states require all drivers to carry basic liability insurance.

This insurance makes it certain that victims of accidents will be compensated for their damages and that those at fault do not incur the full financial burden of those costs.

Similarly, in the commercial trucking industry, primary liability exists as commercial truck insurance. It works in much the same way as traditional motor vehicle liability insurance and is the central policy in any driver or motor carriers customized truck insurance.

In most cases, motor carriers provide primary liability to all drivers and independent haulers.

Primary Liability

This type of commercial truck insurance covers the cost of bodily injury and damage sustained in a collision involving a commercial truck driver. The coverage amount depends on the individual policy and can be upwards of ,000,000.

It is important to note that while primary liability coverage will cover the cost of the of the other driver and his or her property, it will not cover the cost to repair or replace your truck if you are found at fault. It is therefore essential that you fully understand your coverage and take measures to ensure that you will not forced to compensate for your own losses.

Consider Optional Policies

Physical damage insurance is another type of commercial truck insurance you may want to consider in addition to primary liability. It ensures coverage for damage to your own equipment on and off the road.

Patrick Winchester is a freelance writer with commercial truck insurance expertise. Need to save on truck insurance while keeping legit coverage? Visit http://royaltytruckinsurance.com

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Pet Insurance - Personal Liability Cover

Pet Insurance - Personal Liability Cover

With pet insurance, you may be covered for up to £2,000,000 per incident of personal liability to cover compensation or legal costs. You could face a personal liability claim for a variety of reasons: one main cause of personal liability could be if your dog causes bodily injury, death, illness or passes a disease to any person who is not in your employment or who is not a member of your family or household. You would also be held personally liable if your dog causes loss of or damage to property that does not belong to you.

If your pet is involved in an incident which means you could be liable for a claim, you should take action with your insurance company immediately. You should call your insurance company as soon as possible to give them full details of the incident, so be sure to keep an accurate record and even take photographs if possible.

You will also have to send your pet insurance company copies of any court claim form, summons, letters of claim or other document as soon as you receive them.

During the incident, you should be sure not to admit any liability to the other parties. You should also not pay, offer to pay, or negotiate any claim without speaking to your insurance company or obtaining permission in writing. You may find that you are not actually at fault and offering money before the incident is settled could complicate the claims process. 

If your dog is particularly boisterous, please ensure your dog is able to be covered by pet insurance in the first place. Some dogs, especially those registered under the Dangerous Dogs Act, may not be insurable under standard dog insurance, as they are deemed to be more at risk of causing injury. Many breeds of dogs can benefit from behavioural training; however, as it will encourage them to temper their enthusiasm and make them more relaxed around humans. You may find that your dog gets nervous around new people or new situations, which could cause them to behave erratically and cause personal injury to someone else.

If you take care of your pet dog with good pet insurance, you should be financially protected against personal liability in the future.

John Lewis Insurance offers a range of insurance services selected by the John Lewis Partnership. These include home, car, life, travel, wedding, event and pet cover products.

For more information about John Lewis Pet Health Insurance please visit the website here - http://www.johnlewis-insurance.com.

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Is Your Car covered by Liability Insurance?

Is Your Car covered by Liability Insurance?

If you already have an existing insurance policy on your family car and your account is in good shape, you should have no problems adding a car on family insurance policy, providing that the main driver is approved and the usage is similar. If you plan on adding a car for a student, you should ask for a good-student discount as well as a multiple-car discount in order to lower the price for the additional premium.

Before contacting your insurance agent, you should prepare the necessary information, like: year, make, model, mileage, VIN (vehicle identification number) of the car you plan on adding to the insurance policy.

You now need to contact your insurance agent and give him this information either by calling at his office or via e-mail. The agent’s phone number or website should be on your proof-of-insurance card.

You will need to give the agent all the necessary info regarding who will be driving the car. It is necessary to assign main driver/drivers to a car. This may be the owner of the vehicle, a relative that is living with you, or as we mentioned in the first paragraph, a student.

It is recommended that children who have received speeding tickets should apply for their own personal policy. The same situation goes for children that are not students. The value of the policy premium will vary greatly upon to who was assigned as a driver of the car and the afferent driving records.

You will have to pick the type of coverage that you want as well as the deductible that you are willing to be responsible for in case an accident occurs.

This coverage could be liability only or full coverage for damage to or theft of the car. A deductible of 0 to 00 (or more) is required by most of the current policies. The policy could contain a waiver of deductible if you are involved in a not-at-fault accident. You will also need to select the limits of coverage you want. Needless to say, the higher the limits you choose the more premium you will have to pay. The minimum liability coverage requirements vary from state to state.

If you plan on replacing an existing vehicle, like when you buy a car through a trade-in deal, the coverage will be transferred to the newly bought car. In this situation you are responsible for contacting the insurance agent as soon as you can in order to provide info regarding the details of your purchase. Some companies will not provide full coverage like comprehensive and collision if the trade-in car was only covered by liability insurance. If you plan on buying a new car, it is best to contact the agent before signing the deal.

Remember that when adding a car on family insurance policy you should ask your insurance company to send you a copy of proof of insurance. Never assume that you have an infinite amount of time to officially add a new car to the insurance policy. Your coverage will not automatically extend to any new car you buy.

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Personal Injury Liability Insurance and Protection

Personal Injury Liability Insurance and Protection

Personal injury insurance coverage is a must for anyone who owns a business, vehicle, or any kind of property. Having personal injury liability insurance is the best way to ensure that, in the event of an accident, the victim does not have to pay repair costs and medical bills out of his/her pocket. Many states actually require automobile insurance for anyone who owns or drives a car.

Automobile insurance usually has, in some states, a required minimum coverage for cases of bodily injury either to the driver or to the passenger(s). Unfortunately, some people do not see the need to have personal injury protection attached to their vehicles because they do not believe they will ever get into an accident. This is not usually the case as there is a large percentage that some time in the next ten years a person is going to be in an auto accident of some sort.

The minimum insurance coverage for personal injury liability protection can be as little as ten or twenty thousand dollars per person. Considering that some lawsuits could amount to millions of dollars, a few thousand dollars is comparatively small. However, if a person causes an accident and only has minimum to basic insurance coverage, the insurance company will only authorize the payment of the victim’s vehicular damage and exclude his/her medical bills.

In the above case, any personal injuries will not be covered by the person who is responsible for the accident. This is where a Bay Area personal injury attorney comes in. The attorney of the offended party can help make sure that policies will be implemented to help seek reparation or payment to recover from losses which include the victim’s medical bills, loss of wage, insurance coverage, property damage, pain and suffering, and attorney and legal fees.

Whether it is the driver’s fault or whether neither party was responsible for the accident, personal injury protection sometimes takes care of the subsequent bills, which is greatly beneficial since one does not need to worry about finances and instead focus on recovery. No one should take insurance policies for granted. People should review such documents ideally with a Bay Area personal injury attorney.

Choosing a personal injury lawyer can be hard, but with enough research, a good choice can be made. Look for a Bay Area personal injury lawyer who has experience similar to the case you are in right now, whether it be an auto accident case, or a product liability suit. It is advisable that you ask every possible question before hiring a lawyer. Be prepared so that no surprises surface later on.

If you have questions, please visit us at http://www.mastrangelolawoffices.com/ for complete details and answers.

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Is Fitness Instructor Liability Insurance Necessary?

Is Fitness Instructor Liability Insurance Necessary?

You obtained your certification, started building a client list…now you have to think about fitness instructor insurance? What could happen without it? Being a highly trained, certified fitness instructor you know how to educate and instruct clients on ways to avoid injury and maximize their workout. Plus, because you know how to properly use gym equipment and accessories (such as free weights) you should be able to master a class of 20 or more participants without having to worry about someone getting hurt. Right? Unfortunately, you know what has been said about the best-laid plans. While you can take great pains to apply your training and education to help clients avoid injury, there is no way to completely prevent accidents. Fitness instructor liability insurance coverage can give you peace of mind knowing that should someone allege negligence on your part and file a claim against you that you will be protected from damages assessed as we ll as be covered for legal expenses incurred to defend yourself.

In contrast, the fitness instructor who does not carry general liability insurance could be in severe financial trouble.

One claim could put you out of business for good. What Does Fitness Instructor Liability Insurance Cover? Fitness instructor liability coverage consists of general liability coverage, which protects you from numerous hazards. Regardless of whether the gym in which you operate out of carries liability insurance or not, it’s imperative that all fitness instructors carry liability insurance. General liability insurance for fitness instructors covers: • Client bodily injury while under your instruction • Property damage, resulting from your fitness classes or activities • Professional liability such as making misleading statements or breach of duty • Personal or advertising liability • Numerous courses including fitness bootcamp, children’s fitness programs, spinning, aquatic exercise, aerobics, Tai Chi, yoga, spinning, strength classes, ZUMBA®, and more In a tough economy, you can’t take chances when it comes to business.

For the health and wellbeing of your career and clients, every instructor should pursue fitness insurance liability coverage. It can help you stay in the game and continue to help people live healthy lives. Resources: Sports and Fitness Insurance Corporation has a team of specialists for the health and fitness industry. The company is a preferred general liability provider for renowned and respected fitness organizations such as Curves®, and ICOA, Independent Club Operators’ Association. For more information, call 800-844-0536 or visit our website.

Sports and Fitness Insurance Corporation specializes in providing insurance for personal trainer insurance coverage and health club insurance. To learn more about personal trainer insurance coverage call Sports and Fitness Corporation today at 800-844-0536.

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Understanding Claims-Made - Medical Malpractice Liability Insurance

Understanding Claims-Made - Medical Malpractice Liability Insurance

As a doctor, surgeon, or other health professional it is somewhat easy to get lost in types and plans of medical malpractice insurance available.

By far the most common type of medical malpractice insurance is claims-made coverage. This type of coverage covers all types of malpractice claims that a patient files during the policy period. Since it usually takes some time between an alleged event of malpractice and a claim to be filed, the first annual premium for claims-made insurance often starts out relatively low. This premium will increase over the next 5-7 years until it matures and levels off.

For a doctor or surgeon practicing in Florida, claims-made medical malpractice insurance offers several important benefits over the less common types of insurance. For one thing, claims-made coverage does not overcharge you (typically) by attempting to predict what your future costs will be.

The premiums paid are based on the historical and current claims for practitioners in similar fields, offering a realistic price.

Additionally, claims-made policies allow a doctor to increase their medical malpractice insurance limits when desired. The policy holder in FL may decide to increase the amount of liability coverage due to inflation, increased practice size, or other factors. It is advisable to acquire a claims-made policy that allows you, the policy holder, to use the liability limits that are operational when the claim is filed vs. when the alleged incident occurred. Thus, if you have increased your coverage since the time of the alleged incident, you will be able to use those limits.

One drawback about the claims-made type plan is that it only covers clients that you serviced while holding the policy.

Should you discontinue your policy, you will need to acquire tail coverage or retroactive coverage. While this is another topic entirely, it is an important one that deserves your attention.

For Florida medical malpractice insurance information including claims, rates, claims-made malpractice insurance and more visit our site.

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Self-employed Liability Insurance - Why It's Important

Self-employed Liability Insurance - Why It's Important Self-employed people often choose this type of employment because they like the flexibility it provides and they enjoy being their own boss. It's crucial to remember that even if you think of yourself as an individual contract worker, you are actually running your own business. Doing so can be rewarding and exciting, but it can also be risky. Part of the risk comes from the fact that any unhappy customer or client can turn into a lawsuit.
This can happen to any self employed person, no matter how dedicated and hardworking they are. The prudent business owner should to cut risk and protect their business with self-employed liability insurance.

There are many different types of coverage out there, but they all have a few common threads. If one of your clients or customers files a lawsuit against you, the proper liability insurance will protect you. The right policy can take care of expenses related to defending yourself. Depending on the specific type and amount of coverage you buy, self-employed liability insurance could cover investigation expenses involved in building your defense case. The policy could also cover attorney fees as well as paying a settlement or judgment if needed. Just knowing that you have this type of insurance behind you can improve your outlook.

Independent contract workers may choose to purchase a self-employed liability insurance policy in order to protect themselves from lawsuits arising from their work. General liability insurance covers claims such as slander and related issues. Professional liability insurance protects business owners or self-employed sole-proprietors from error claims. Malpractice insurance carried by doctors is an excellent example of this type of insurance. This coverage is also sometimes referred to as "errors and omissions." Doctors in the US are required to have this insurance in order to practice. However any business person who can be accused of negligence should also carry this type of coverage.

The amount of the premium you will pay is often based on the type of business you own, your total payroll and the types of coverage you choose. For instance, you may choose to add medical payments to your basic self-employed liability insurance package if you have an office where customers meet with you. If a client happens to slip or fall you will be glad you have this coverage. Someone with a lawn-care business may want to add property damage insurance, in case they hit a customer's car with the mower. An experienced insurance agent can help you determine the types of coverage you need for your line of work.

Sal Trump is a leading expert on Self Employed Insurance and other related small business topics. To learn more, visit http://www.SelfEmployedSource.com today!

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Discovering Renters Liability Insurance ? Important Info

Discovering Renters Liability Insurance ? Important Info

Too many people that choose to rent apartments assume they either don’t need insurance coverage or that things are covered by the landlord’s policy. This is not true. If you live in an apartment, you need renters liability insurance coverage.

Renters insurance is much like condominium owners insurance coverage. Someone pays for exterior damage and you cover inner damage – to an extent. In the matter of renters insurance for instance, if your sliding glass door is damaged that will be the responsibility of the building owner to fix unless of course it could be proved that the damage was your wrong doing.

Regarding a break-in in which someone literally enters your apartment and actually steals your stuff, it’s your duty to keep an insurance policy which will cover the loss. In unusual circumstances if it might be proven that the break-in was due to neglect on the part of the landlord then he or she could be held responsible for any damage which result.

Insurance premiums deal with whatever you desire covered which is normally furniture, garments, typical electronics, etc.

The typical apartment of under 1000 sf typically has less than ,000 worth of items to be covered. Regarding households who want to include expensive jewelry, furs, or expensive electronics for instance PC’s, your insurance provider might require a rider which could typically be bought for only a few additional bucks monthly based on the specific coverage.

A lot of people believe renters insurance coverage is too expensive to even think about. Actually a good plan can be obtained for approximately – a month. The typical rental has only about ,000 valuation on belongings to cover and hardly ever would need more protection than that.

Not everything is included by your ordinary renters insurance plan.

For almost any water damage, dependent on the individual plan, you may well find that you aren’t even covered. This will depend on how the policy is crafted. For instance, if the water damage is actually the consequence of a storm you may be unable to state any damage. However, when the water damage is the consequence of something like a broken dishwashing machine or perhaps a busted hot water tank, you may be able to place a claim however, you probably will be facing a very large deductible linked to just water damage.

Generally there are generally specific geographical places that everyone should very seriously think about renters insurance plans. Places that have tornadoes and hurricanes see some extremely considerable damage. Although an average renters insurance plan does not deal with a lot of the destruction related to hurricanes we have an additional insurance that you can buy in order to be completely protected.

Based on the insurer such things as your credit history as well as whether or not you have ever put in a claim on a renters insurance plan or perhaps homeowners policy is also essential. It may not be there however for anybody who has actually put in a large claim in past times the brand new premium may well show previous policy use.

Are you a renter or have you been considering renting? If so you’ll want to insure your belongings. Get some free renters insurance quotes today!

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Protecting Yourself With Public Liability Insurance

Protecting Yourself With Public Liability Insurance And this is not restricted to just one area of our lives either. So, when you consider the likelihood of things going awry in the workplace, it can all become a bit of a worry! The more staff you have in your employment, the higher the possibility becomes of something going wrong. And if your day to day work involves the general public, then there are even more possibilities to consider... Even a relatively minor mishap can become a costly business if it is deemed to have been your fault.

This is where a public liability insurance policy can be such a prudent thing to have. Not only will it give you great peace of mind, but it will come into play in a variety of different scenarios. Such a diversity of professions will benefit from this type of cover; shops, bouncy castle hire, amusement parks and even sports events. All in all, there is a far greater need for public liability cover than you would think!

But with some professions the need for this kind of protection may not be so immediately obvious...

Here are a few examples

Photographers
What possible reason could a photographer have for public liability cover? Well, imagine if they were booked for a wedding shoot (quite a common occurrence)... and they managed to damage someones property in the process of taking their pictures. Most public liability policies will protect you in this kind of situation.

Industrial Cleaners
Floors will frequently require the use of water and detergent during the cleaning process... and these are both great ingredients for someone to have a nasty fall!

Hairdressers
Scissors, hair trimmers and razors are all very sharp items... You may be one of the worlds most skilled and conscientious hair stylists, but accidents can still happen!

You are probably beginning to see how important it can be to have a good public liability policy in place. None of us will plan on having accidents or mishaps; in fact, most of us will go out of our way to avoid them! However, the truth of it is that things can easily go wrong from time to time. And that in itself makes public liability cover a very wise type of insurance to consider.

Since we are unable to see what life has in store for us it is always sensible to be prepared for the worst! We may not have the ability to prevent accidents from happening in the first place, but at least there are measures we can take that will help us to get things back on track.

Staveley Head Public Liability Insurance news and information. Online quotes are available for all of our product range, enabling you to get from quote to covered in a matter of minutes, contact details and information can be found at http://www.staveleyhead.co.uk.

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Self Employed Liability Insurance - The Forgotten Necessity

Self Employed Liability Insurance - The Forgotten Necessity As the economy continues to sputter, people start to run out of unemployment benefits and job prospects are slim, more people are considering self-employment. Whether this be as an independent contractor in a particular field or opening their own retail or e-commerce business, there are multiple considerations one must make before committing to self-employment or running their own business: working capital, taxes, vacation, self employed liability insurance, and potential employees, just to name a few. The decision to become self-employed can be an exhilarating or stressful experience depending on your due diligence. Getting all the facts and weighing the options will make the process go much more smoothly than diving in blind.

Most people take into consideration major aspects of self-employment; yet tend to forget about underlying costs. Very few people choose to start a business they won't enjoy and most are smart enough to run the numbers and determine profit feasibility. What typically happens is that although they factor in things such as rent, electricity, and postage, in essence all the obvious costs, what they tend to omit are the ancillary costs of being self-employed. For example, when selling a product overseas, very few people factor in customs charges, time spent correcting mistakes or the cost of self-employed liability insurance to cover potential mishaps.

Most small businesses fail to be sustainable not because the concept was a poor one or that consumers did not desire their product or service. Most of them fail due to unforeseen expenses that could have easily been factored into the business plan and absorbed with working capital. One example that comes to mind is an old family friend that was a self-employed electrician; he had no employees and was quite content with his small business. He made a silly mistake and damage was caused to his clients building. He never thought about self employed liability insurance and the costs put him out of business.

These seemingly little things like a valid business license, federal identification numbers and self employed liability insurance, all in which had no bearing on his ability to do electrical work or complete jobs, in essence, bankrupt him. When considering a career change, whether it be opening your own business, working as an independent contractor or taking a new position with a corporation it is extremely important to take each and every potential downfall into consideration, as well as the benefits. With proper due diligence, determination, and frankly, a strong support system you can make a living doing something you love.

Sal Trump is a leading expert on Self Employed Insurance and other related small business topics. To learn more, visit http://www.SelfEmployedSource.com today!

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