Top 4 Most Important Things To Do After Discovering Water Damage In Your Home

Discover Water Damage In Your Home, Here's What To Do: Dealing with water damage in your home is an overwhelming and time-consuming task to tackle. Many homeowners do not have experience in plumbing, electricity, structural water damage, or even the process of filing an insurance claim. When all of these issues happen at the same [...]

Top 4 Most Important Things To Do After Discovering Water Damage In Your Home2021-09-23T20:12:45+00:00

Liability Risk for Businesses reopening after Covid19

The COVID-19 pandemic had forced business closures for months causing great losses to businesses all around the world. Economic conditions are getting worse than ever before, forcing governments to make decisions regarding business reopening. Despite the cure for a viral outbreak that has yet to be found, business owners are willing to reopen businesses with [...]

Liability Risk for Businesses reopening after Covid192020-05-28T02:13:45+00:00

Insurance Claims for Coronavirus in the workplace

The pandemic situation has left business owners in complete despair along with huge financial losses that seem never-ending. As entrepreneurs are looking for ways to mitigate their losses, they are reviewing their business insurance policies and coverages. Coronavirus pandemic has created situations that are very sensitive and subject to change. Therefore, it is advised that [...]

Insurance Claims for Coronavirus in the workplace2020-05-28T02:16:25+00:00

Business Interruption Insurance Coverage Act of 2020

[Congressional Bills 116th Congress] [From the U.S. Government Publishing Office] [H.R. 6494 Introduced in House (IH)] 116th CONGRESS 2d Session H. R. 6494 To make available insurance coverage for business interruption losses due to viral pandemics, forced closures of businesses, mandatory evacuations, and public safety power shut-offs, and for other purposes. _______________________________________________________________________ IN THE HOUSE [...]

Business Interruption Insurance Coverage Act of 20202020-05-28T01:45:18+00:00

What types of insurance covers viral outbreaks?

Companies get their businesses insured to mitigate losses that could be faced in the future due to a halt in operations. The halt in operation is usually due to physical damages that a business may face. However, the pandemic has left business owners helpless with the closure of their businesses due to the viral outbreak [...]

What types of insurance covers viral outbreaks?2020-05-28T02:18:23+00:00

Flood and terrorism insurance saved by Further Consolidated Appropriations Act, 2020

Undeniably, nothing else calamity in the modern age has actually influenced organizations the means the COVID-19 situation has in just a matter of weeks. And also the possibility of dealing with an additional pandemic in the future is a distressing one. Without a doubt, no other disaster in the modern age has impacted businesses the way the [...]

Flood and terrorism insurance saved by Further Consolidated Appropriations Act, 20202020-06-03T19:43:57+00:00

Why your business might need Cyber Insurance?

The world of today is heavily dependent on online services which come along with a great risk for the protection of sensitive data shared online. Cyber insurance is exactly what businesses use to hedge the risk of cybercrimes or any theft of stolen sensitive data. Cyber risk insurance or cybersecurity insurance provides businesses with protection [...]

Why your business might need Cyber Insurance?2020-05-28T02:05:15+00:00

Which customers might benefit from Parametric Insurance?

Parametric insurance is an insurance that does not cover for pure loss, instead, a predetermined payment is received upon the occurrence of a catastrophic natural event which results in a loss. An individual will have to purchase the parametric insurance with a predefined amount that will be paid out as agreed on predefined terms. Unlike [...]

Which customers might benefit from Parametric Insurance?2020-05-28T01:57:54+00:00

Business Income, Extra Expense, and Other Consequential Loss Coverage Checklist

The loss of income and the additional expenses that occur after a direct loss to property can be devastating to a business. All aspects of the insured’s property and operations must be considered when addressing such potential loss exposures because properly structured consequential loss insurance will be needed to ensure that the business survives. Theoretically, [...]

Business Income, Extra Expense, and Other Consequential Loss Coverage Checklist2020-06-03T19:47:06+00:00