Commercial insurance for cell tower owners and operators is a type of insurance that provides coverage for the risks and liabilities associated with owning and operating a cell tower site. Cell tower sites are used to provide wireless communications services to the public. And they often involve a significant investment in infrastructure and equipment. This […]
Why is the general insurance called contract indemnity?
Every insurance policy is a contractual agreement between the insurance company and the policyholders. When you avail of insurance there is an agreement that legally binds you and the insurer on grounds of the coverage, terms, conditions, and responsibilities. Be it general insurance or life insurance, every insurance is contract indemnity because it has a […]
What does commercial liability insurance cover?
Commercial Liability Insurance Coverages Commercial liability insurance cushions a business against risks and damages that arise from operations, and does cover legal liabilities owing to accidents and damage to reputation. Inclusions Different insurance providers might define commercial liability coverage differently. Despite this, most schemes generally include similar risk covers. Damage to property and bodily injury […]
Why should you select Commercial Insurance broker?
Why should you opt for Commercial Insurance brokers’ Services? Insurance is the best way of getting protection against the hazard of unforeseen financial losses. It does not eliminate the risk, but it can somehow make up for losses incurred. Through the payment of premiums, one can transfer the expenses of major damage from the person […]
Types of group insurance schemes available for SMEs
Group Insurance Schemes for SMEs Small and medium scale enterprises may have a small work setup, but when it comes to keeping the employees happy, they can achieve wonders. Often experts in their respective fields, SMEs may find loopholes at the administrative end that can be resolved by taking different types of group insurance policies. […]
Commercial Insurance Quotes and its Importance
Commercial Insurance Policies Those who have the appetite for taking risks are the ones who are successful business owners. While risk taking can improve your business propositions, it doesn’t hurt to be a little cautious. There are various commercial insurance plans and their importance is significant. Take up commercial insurance plans to protect your venture […]
What is a fiduciary insurance policy?
If a company sponsors a retirement or health plan for its employees, then the person involved anyway with the management of that plan, is considered a fiduciary. A fiduciary is held personally liable for a breach of his fiduciary duties. For many businesses, offering an employee benefit plan is a way to retain and retain […]
How to protect your fast growing business against unpredictable risks?
Protecting Businesses against Unpredictable Risks Cases of well-reputed companies failing to meet vendor demands and unable to maintain financial stability have been doing the rounds for the past few years. Whether it was the deteriorating financial position of Kingfisher, falling production in the Reliance KGD6 unit or Infosys losing its sheen with investors—we have heard […]