Life Insurance

Life Insurance - An office is the primary or only premises for numerous types of small businesses insurance , including, for example, employment, travel, collection, insurance, advertising and other agencies. Electronic equipment and data are vital to the operations of most such businesses. They also have the risk of lawsuits from disgruntled clients or customers. image by google.com For many office-based businesses, the most cost effective and efficient way to obtain property and liability coverage is with a Businessowners Policy (BOP) especially tailored to business offices and, in many cases, offices for a specific industry.  Though marketed under a variety of names, these policies typically have provisions similar to the property insurance and liability insurance sections of the BOP, with the option to add various other coverages that you may need. PROPERTY INSURANCE The BOP covers real estate and other property your business owns. If your business rents or leases its premise...

Life Insurance - An office is the primary or only premises for numerous types of small businesses, including, for example, employment, travel, collection , insurance, advertising and other agencies. Electronic equipment and data are vital to the operations of most such businesses insurance . They also have the risk of lawsuits from disgruntled clients or customers. Image by : google.com For many office-based businesses, the most cost effective and efficient way to obtain property and liability coverage is with a Businessowners Policy (BOP) especially tailored to business offices and, in many cases, offices for a specific industry. Though marketed under a variety of names, these policies typically have provisions similar to the property insurance and liability insurance sections of the BOP, with the option to add various other coverages that you may need. PROPERTY INSURANCE The BOP includes as part of the basic policy two types of coverage related to electronic data. Computer Operatio...

Life Insurance - What Accounts Receivable In Insurance ?   Accounts Receivable – As part of your insurance risk management plan, to the extent feasible, you should keep backup copies of your accounts receivable in a separate location.  For some businesses, however, it may be in the nature of the business insurance  that accounts receivable records are vulnerable to property loss. If needed, you may extend coverage under your BOP. The accounts receivable extension obligates the insurer to pay amounts due from your customers that you are unable to collect. The limit is up to $10,000 per occurrence for records located on the premises described in the policy "Declarations" or $5,000 for records located elsewhere. Adding Additional Insurance  – In many situations, a business is required by contract or law to add coverage to its BOP for other parties who usually have property at risk that is in the care of the insured. Such parties typically include managers or lessors o...