A business, either small or big, the owner of the business has many responsibilities. When running a business in partnership or as sole proprietorship, the owner has got many personal liabilities at risk. Hence, to protect owner and his family from financial disasters, it is essential to insure the owner with a business liability policy. […]
Tag: Liability Insurance
It is Important for the Health Care Professionals to Know about Malpractice Insurance
Malpractice insurance is an insurance mostly purchased by the professionals to protect themselves against court cases, which are filed by their customers saying that they were harmed by the profession’s negligent or intentionally harmful decision. Medical malpractice insurance is specially designed for the health care professionals. Health care professionals are generally doctor, nurses, physician’s, hospital […]
Scope of General Liability Insurance
In today’s society, even small mistakes result in large law suits. A business can overcome this type of risks by buying a suitable general liability insurance. The general liability insurance protects the business from the law suits made by the third party because of bodily injury or the damage caused to their property because of […]
Benefits of General Liability Insurance for Small Industries
A business faces lot of risks everyday and the only way to protect the business is to carry an appropriate business liability insurance policy. General Liability insurance covers claims of injuries to the body or property damage. This type of insurance is also called as the Commercial General Liability (CGL) insurance. There are many types […]
Benefits of General Liability Insurance for IT Industry
General liability insurance is purchased by a business to protect its assets and interests. If a company is sued, the general liability insurance will pay for damages and injuries caused to third party. This saves the company from paying large cash settlements or damages and it protects the business from bankruptcy. It limits risk for […]
Estimation of Costs of General Liability Insurance Cover
Every business has to buy a general liability insurance cover to protect the business from the exposure to various risks. A general liability insurance policy, pays the legal costs for any liability claim or lawsuit against the business. The liability claims include property damage, personal injury, bodily injury and advertising injury. The insurance company also […]
Know About General Liability Insurance
General liability insurance is a type of insurance that is used by business owners when some type of loss occurs. Every businesses has to purchase general liability insurance, which covers bodily injury, property damage or loss, damage to reputation, and even advertising injury due to negligence that results from the promotion of goods or services. […]