What are the exclusions under the restaurant package policy?

Restaurant package insurance policy provides comprehensive risk coverage but it is also crucial to map the scope of coverage. To know the scope of coverage, one must be aware of the list of exclusions and restrictions in the terms of policy. The common exclusions under the policy are employee dishonesty, earthquake damage, willful negligence and […]

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What is important to consider while shopping for restaurant insurance?

Not having an insurance protection plan for your restaurant can create chaos if something goes wrong. It is important to be prepared for contingencies and let your business be at peace at the time of mishaps. Buying a restaurant package policy provides safeguard against the turmoil of financial uncertainty. Hospitality business faces multitudes of risk. […]

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What types of expenses are covered under the auto-component manufacturer policy?

With the increasing frequency and speed of modern-day lawsuits, every manufacturing unit has started to become more proactive to minimize the fallout and recover customer trust. An auto component manufacturer should buy product liability insurance and product recall insurance in order to get coverage against client-related lawsuits. Following expenses are covered under auto-component manufacturer policy: […]

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What is not covered in auto-component manufacturer insurance policy?

Auto-component manufacturer insurance policy covers product liability and product recall insurance. In order to secure your business operations against the financial loss due to product-related lawsuits or product recalls, buying business liability policy is important and it is equally important to know the important aspects about this business insurance. Following are the exclusions under the […]

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Can unqualified staff be covered under medical indemnity insurance?

Yes, unqualified staff can be covered under doctors professional indemnity insurance by paying an additional premium amount. Unqualified staff includes compounder, ward boys, and nurses etc. All the staff members working in a hospital or clinic can be covered under the medical establishment’s professional indemnity policy. Mistakes are the part and parcel of professional services […]

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What are the main exclusions under the doctors professional indemnity insurance?

Doctor’s professional indemnity insurance protects the insured against breach of professional duty, negligent acts and error or omission performed by doctors and medical establishments. The PI insurance policy saves the legal cost incurred against fighting professional liability claims. It is important for doctors to scrutinize the scope of coverage offered by doctors professional liability insurance […]

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How much does gym and health club insurance costs?

Gym and health club insurance provides comprehensive coverage by covering general liability, professional indemnity and property insurance related claims. Before buying gym insurance, gym owner should look out for all the probable risk occurrences and related liabilities befalling on the gym. Identify coverages to include under gym and fitness studio insurance is necessary for risk […]

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