For many families with young children, COVID has made the idea of in-home child care more appealing than ever before. However, while the convenience and flexibility can’t be beat, the liability exposure is more complicated than you might imagine. Are you prepared to respond to the risks?
Businesses typically need general liability and property insurance, so many business owners opt in when presented with a business owners program (BOP). It’s straightforward and offers bundled discounts, but it doesn’t provide much wiggle room.
Like a “no substitutions” lunch special, you take what you get and find yourself dressing up the bland parts with a side dish (which adds to the bill). Suddenly your lunch special isn’t such a deal. The same goes for a BOP. Insuring business risk exposure can get tricky – and expensive – especially when your risk exposure doesn’t fit in the box.
If your risk liability spills over the usual lines, you might be better off going for a commercial package policy (CPP) for better insurance coverage, customization and overall savings.
Growing awareness of the serious, long-term effects of pollution, increased regulatory scrutiny and legal liability have created a demand for environmental insurance. Also known as environmental impairment liability and pollution liability, environmental insurance pays for claims related to the release of pollutants, including bodily injury, property damage, cleanup and business interruption.
This insurance came about as a result of the environmental movement. In the 1970s, Congress passed a series of major bills aimed at conservation, protection, recovery and pollution liability. Landmark laws included the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), known as the Superfund Act.
As a lawyer or attorney, you know better than anyone what could be at stake if you or your employees make a mistake. No matter what area of law you practice in, you could be at risk to pay out thousands or even millions of dollars in legal fees that AREN’T going to you. Read our guide on legal malpractice insurance to learn how to keep your firm protected agains the unexpected.
It comes as no surprise to any business owner that the commercial landscape is becoming more firmly rooted in the digital landscape. But what may surprise business owners is how their current risk management strategy leaves them vulnerable to significant financial loss from a malware attack. Read our guide on cyber security and data breach insurance, and learn how to protect your bottom line in the case of a digital data breach.
It’s crucial that your business is covered against liability for any situation. You need to look beyond property and casualty or workers compensation coverage; you need to protect your bottom line against mistakes made by you or your employees. This is where errors and omissions, or E&O, insurance comes in. Read our guide on E&O insurance and learn how to protect your company against mistakes that could cost you big.
Welcome to Small Business Spotlight presented by JAISIN Insurance Solutions. I am your host, Racquel Goldy. The goal is to bring more awareness to businesses and entrepreneurs in the local community. Today I am joined by Steven Goodman of SHG Planning.
By Steven H. Goodman, CPA, MBA – President & Chief Executive Officer of SHG Planning
As an estate planner and business succession specialist, I’ve been advising high-net-worth individuals on how to protect their assets since the early ‘90s. Some simply want life insurance along with quality long-term care and disability insurance. Others need a more comprehensive program –– one that includes estate and succession planning ––to protect their family and/or their business. What they all have in common is that they’re looking for ways to preserve their assets, as well as have a plan in place to pass them down when the time comes.
Read the following Q&A (it’ll only take 10 minutes, we promise) to find out what you need to know about general liability insurance and protecting your business. For starters: Is it expensive? (Nope.)
If you have employees, it’s important to have employment practices liability insurance (EPLI)s. Read this quick Q&A to find answers to questions such as why do I need it, where can I get it and what might happen to my business if I don’t have it?
Every small business needs small business insurance. In fact, many states require it. Can you get by with just general liability insurance or do you need professional liability insurance as well? How much does it cost and where can you get it? Read the following Q&A, and find out.
Do you have clients who pay you to provide them with advice and/or services? Then it’s a good idea for you to take 10 minutes to read the following. It answers questions about professional liability insurance, if you need it, how much you need and where to get it.
In 10 minutes or less, you can learn just about everything you need to know about malpractice insurance for lawyers. The most important thing to remember is mistakes happen, and law firms face lawsuits every day that could put them out of business.
Click To Read Our Guide On Attorney Malpractice Insurance For Lawyers
You have general liability insurance and, if you own your office building, you have commercial property insurance as well. You also have employer’s liability coverage and worker’s comp for your employees. Everything’s protected, right?
