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Tag: Commercial Insurance

Who Needs Workers' Compensation Insurance?

'Do I Need Workers Compensation' And Other FAQs If you're considering starting a business, it's important to have a comprehensive insurance package to protect your investment. Workers' compensation is a type of insurance that provides protection not only for employees, but for the employer as well. Here are some frequently asked questions (FAQs) about workers' compensation: Do I have to purchase workers' compensation? It depends...

Top 10 Insurance Terms

Directors and Officers Insurance: Debunking the Myths Companies often don't believe they need the much-misunderstood commercial liability insurance product known as directors and officers liability insurance (D&O). Acts leading to claims: This liability insurance provides protection from financial damages and covers legal defense expenses from claims relating to things like mistakes omissions breaches of duty misleading statements or misstatements neglect D&O insurance protects individual directors...

Wellness Plans: Good Health is Good Business

    Sorry Chef: Big Data is Changing High-End Dining Everyone knows the customer is always right. Well, almost everyone. What about those culinary maestros crooned over in magazines such as Vanity Fair and Bon Appetit with the kind of adjectives usually reserved for the Duke and Duchess of Cambridge? You know the type - gourmet chefs on a mission to teach untutored restaurant goers...

What are Surety Bonds, and Do You Need Them?

What Are Surety Bonds, and Do You Need Them? We often see the phrase "bonded and insured", but what exactly does it mean? This refers to the process of bonding through surety bonds. Although they are a form of commercial insurance at their core, surety bonds work slightly differently: Generally speaking, they play a different role and fulfil a different objective than other insurance policies...

The Art and Science of Being a Great Salesman, and Professional Liability Information

  INSURANCE Common FAQs About Commercial Insurance Running your own business can be challenging, and you likely have many questions about all aspects of it, including commercial insurance. Here are some common FAQs about commercial insurance: What is professional liability insurance? This coverage provides liability protection for claims made against your services or products, such as failing to perform work or causing losses as a...