Why You Need Umbrella Insurance

Why You Need Umbrella Insurance

I’m scared to death of getting sued. We now live in a litigious society where everyone is very quick to sue anyone for almost anything. The potential damage to your personal finances after getting sued, even if you win the case, can be devastating. Often times, your insurance company will settle a case for you, but you could quickly find your rates rising or your coverage being canceled altogether. There is one way to protect yourself from a potential lawsuit swamping your liability coverages on your insurance policies and reaching into your own pockets for the rest. Everyone should consider purchasing umbrella insurance to protect themselves and their families. Your Current Liability Coverage Is Too Small Most car insurance policies and … Read more

How Is Courier Insurance Important?

How Is Courier Insurance Important?

How Is Courier Insurance Important?Liability is something that cannot be afforded when it comes to courier delivery. Thus in the courier business, an important step of purchasing courier insurance must be taken to ensure that the goods transaction is risk free on all fronts. That step is Courier Insurance.

Huge fleet and chain of operators, sub-contractors and single operators, everyone must make this one time investment in courier insurance and also make an informed choice when it comes to drawing the budget and selecting the policy best suited for the business.

First the understanding of the importance of courier insurance is necessary before the investment is made, so that no doubts are involved. The important point to be kept in mind is:

If any damage occurs to the goods that are to be delivered via courier, it is the responsibility of the courier operators to pay for the loss. The costs may hamper the courier services to a huge extent and a situation may also arise that the courier operators cannot afford to pay for the losses.

That is when Courier Insurance plays an important role. There is minimum repercussions and maximum damage control. Courier insurance covers the three essential fronts of a courier service: goods, vehicles and public liability. Thus courier insurance is an overall package that includes the following sub-policy of insurances:

  • Vehicle Insurance
  • Goods In Transit Insurance
  • Public Liability Insurance

The importance each sub-policy can be stressed further:

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What Is Cyber Liability Business Insurance?

What is cyber liability business insurance?Very few businesses these days get by through word of mouth or paper advertising – most will have a website or be cited in various online sites (such as general advertising-listing sites or comparison sites).  Many businesses also carry out much of their work online, creating and sending often sensitive data via email.

Whilst it is advantageous to use technology so effectively, there are risks associated with conducting work over the web.  This is where cyber liability insurance comes into its own. 

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