Insurance

If you are a professional, you'll need to deal with all types of people throughout your career. It's not possible to keep all of them content. Someone or the other might be dissatisfied with the way you handle his case or demands. He might end up filing a lawsuit, charging you with negligence, misrepresentation or malpractice. Your general liability insurance won't come to your aid at this point. Thus, you might have to pay the penalties out of your own pocket, if the verdicts are declared in the favor of your resentful client.

Insurance is one of the most important part of our daily lives. It provides you with a safety net wherein your most important assets are protected against accidents and disasters. Most people usually consider buying insurance to gain additional security to cover for major life events like birth, death, marriage or substantial debt purchases. Insurance itself is a complicated product and people end up making certain critical mistakes while purchasing coverage. Moreover, people don’t realize they need insurance until its too late.

Most people think of insurance as a luxury. In reality, insurance is an absolute necessity. Home insurance is one of the most essential components for safeguarding your home. Mortgage companies won’t sanction a loan or agree to finance your home unless you can provide proof of coverage on the property you plan to purchase.

A recent survey established that the average number of household accidents per year resulting in property damage is around 21,000 per 100,000 homes. In most cases the damage has rendered the homes uninhabitable or irreparable. At least 30% of these cases reported didn’t have the adequate amount of insurance coverage to recover the losses. Needless to say, it would have made significant difference if these properties were covered under the right policy.

Alcohol is always in high demand given the fact that 82.46% of the US population drinks alcohol. A recent survey also established that 55% of the above-21 population consumes at least one drink a year. Business owners primarily involved in the food & beverage service sector will agree that a bar is the most lucrative outlet within an establishment. It generates a constant stream of revenue and serves to significantly boost the total turnover of a restaurant. Even standalone bars generate a sizable turnover. It is big business but it has its own set of problems.

The rising cost of health care and supplemental services has rendered health insurance as one of the basic necessities of day to day life. The cost of medication, medical procedures and surgeries have become too much to bear for individuals. The increased cost of health care has thus led health insurance companies to review their policies, exclude options and raise their prices. Health insurance now is not as cheap as it used to be.

Traveling by land, sea or air has always been said to be relatively safe. Yet we read and hear of disasters every now and then. Vacationers and travelers are potentially at the risk of facing nightmarish situations when they are least expecting them. Accidents, medical emergencies, lost baggage, misplaced documents – all of this can contribute to the proverbial “Holiday from hell”. So how do you protect yourself against such worries when all you want to do is enjoy your vacation? The answer is simple – travel insurance. It can protect you from the most common to the oddest of travel perils.

Cezanne, Bacon, Picasso, Warhol, Monet and Munch, these names are synonymous with fine art all over the world. The exquisite works of the old masters and the modern artists sell for millions of dollars. They form an extremely valuable part of any private or public collection. Each painting has such deep historical as well as cultural significance that they need to be protected. In case of such a thing as fine art, burglar alarms and armed guards are not enough to protect it from the various hazards the paintings are prone to.

The Wright Flyer took to the skies on the 17th of December, 1903. There was no looking back after. Airplanes have found numerous applications since their invention, from military to commercial. Today, the primary role of aviation is that of transport. Airplanes are being used to transport commodities and passengers alike. It is the quickest form of intercontinental as well as overseas transport. The number of flights all around the world on any given day runs into tens of thousands. Every airline company has thus taken a huge risk upon themselves.

Businesses hire a multitude of employees from varying backgrounds. The diversity of the employee base dictates that each man is capable of doing deeds, good or bad. It is not possible for the recruitment department to go through every detail of an employee’s history, both personal and professional. There are times when model employees with an exemplary work record and background commit a serious financial crime at the workplace. The criminal charges would be administered by the law, but what about the losses incurred by the company?