Advisors take professional indemnity cover

Published in Cafemutual on 3rd September, 2015 Financial advisors are increasingly opting for professional indemnity insurance which protects them against any litigation due to errors or negligence in their practice. In case of financial advisors, such errors can occur due to judgmental errors. IFAs say that this cover has come into spotlight after The New […]

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4 Tips To Buy Manufacturer Liability Insurance

A manufacturer liability insurance plays an indispensable role by shielding you against lawsuits which may be filed against you by your customer who is not satisfied with your product. This may happen due to design defects, manufacturing flaws, or when the government orders the product recall. As such situations can result into heavy losses, a […]

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Why Is A Gym Insurance Necessary To Keep Your Gym 'Fit'?

As the owner of a gym or fitness centre, you are helping people in staying good health, but have you thought about the ‘health’ of your gym? As a fitness centre or health club owner, your main objective is to ensure the good health and wellness of your clients. You and your employees work closely […]

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What Is All Covered By Gym Insurance?

Most of the people hit the gym or fitness centres in the hope to shed that extra kilos. However, what if an accident happens at the gym and they lost their lives? That’s what happened in Mumbai where a 29-year old National athlete died of a cardiac stroke while working out in the gym. Health […]

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What Makes Professional Liability Insurance Necessary for Accountants?

Accountancy— a profession which corrects the financial errors of other parties, is often fraught with risks. If you are an accountant, it’s your responsibility to provide correct and precise accounting services to your clients. However, even the slightest mistake can disturb your client’s financial health and thus, make you liable for negligence. It is a […]

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What are the benefits of Business Insurance?

Running a successful business always comes with inherent risks. A client could file a suit, a natural disaster can ruin things, or someone can get injured on the site. For this reason, it is essential that a business has an insurance policy in place to protect itself as well as its assets. Getting the business […]

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Does Product Liability Insurance Cover Spoiled and contaminated Food?

Yes, product liability insurance policy cover spoiled and contaminated food as well. A product liability insurance policy covers the various costs which are associated with the damages, illness, or injuries, caused by your products. If you run a restaurant, grocery store or have a wholesale food business, perishable food and beverage are like your ‘food […]

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How can a small business cover legal fees in the case of a lawsuit?

Businesses these days are vulnerable to many lawsuits regardless of the location or industry. Small-business owners are frequently involved in defending against claims and lawsuits arising from their business operations. While doing business, small businesses interact with clients, vendors, employees, contractors, and any one of them can claim that a particular incident caused them injury […]

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What are the most important features of an umbrella insurance policy?

An umbrella insurance policy is a type of an extra liability insurance used by many businesses. This insurance is crafted to protect the insured against significant claims and lawsuits and ultimately helps to protect the insured’s assets and the business future. An umbrella insurance policy provides the following coverage: Injuries Personal liability situations Damage to […]

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