Category: Insurance

Final Expense Insurance

Funeral costs are rising, so leaving money to pay for your burial costs is even more critical. Final expense insurance, also referred to as funeral or burial insurance, can help alleviate the burden on your family. What Is Final Expense Life Insurance? Final expense life insurance is a whole life insurance policy designed to pay for final expenses so your family doesn't have to use their...

Factors That Will Influence the Shipping Industry in 2022

The shipping industry is constantly in a state of flux. From one moment to the next, new regulations appear to address rising concerns. If you operate a business that falls into the field of shipping, you absolutely want to take time to think about the various risks that are on the horizon. Since matters can drastically shift between years, you will find that it is useful to take a step back and...

Insurance Coverages for Companies in the Construction Industry

Companies that operate in the construction industry have to balance considerable risks to their business. The nature of their activities exposes them to the possibility of extensive losses as well as significant liability to one or more third parties. Comprehensive insurance coverage is a fundamental part of effective risk management in construction. Workers’ Compensation Workers’ health and...

A Look at a Comprehensive Police Insurance Policy

Many people get involved in the world of law enforcement because they are looking to help their communities in a more direct way. Of course, working as a police officer can also be quite complicated. Though officers are much less likely to be injured in the line of duty as electricians are likely to receive serious injuries via electrocution, law enforcement can be a field with many risks. Most...

Protect Your Valuables With Specialized Insurance Coverage

Property insurance for your home or apartment provides protection against the loss of furniture, structures and many personal belongings when a disaster strikes. However, most policies have limits on how much can be claimed and what types of valuables are covered. High-Value Items May Not be Protected Certain heirlooms and other high-value possessions may be excluded from the basic personal...

Should Truckers Worry About CAB Reports?

The Central Analysis Bureau (CAB) plays a big role when motor carriers motion to insure their trucking operations. Specifically, CAB reports are used by insurers as verification tools during the underwriting process. The report aggregates data on a motor carrier's safety statistics, finances, and more. Individual drivers may want to heed the status of the company's CAB standing as well. What Role...

Protecting Your Nonprofit at Off-Site Events

Off-site meetings are fairly common in the nonprofit world. Large meetings may bring together employees of a national nonprofit in one location to discuss organizational policies, campaigns, or other programs. Large industry meetings may also unite representatives from a diverse array of nonprofits to work together on similar issues and make connections. Countless other types of major and diverse...

Three Common Commercial Bank Insurance Risks

When brainstorming potential losses that might require a bank to purchase an insurance policy, the first one to come to mind is robbery. However, there are actually some other more common commercial bank insurance risks that managers must deal with. Here are three of them. Regulatory Non-Compliance Claims Banks must abide by federal and local laws or face serious consequences. Here are some...

Benefits of Voluntary Group Insurance Coverage

Offering voluntary group benefits to your employees is a great way to ensure that the individuals in your company have access to any additional insurance coverage they might desire. But what kind of insurance is voluntary insurance, and how will it affect your bottom line? Paid by the Employees Unlike other types of insurance, voluntary group benefits are paid by the employee and are made...

Getting Familiar with Assault Battery Insurance

It is often impossible to predict when an act of violence may take place, but it is always wise for business owners to make sure they are protected against any liability that may come from such events. Assault and battery assurance is a kind of additional insurance that allows bar owners and nightclub owners (or any similar kind of establishment) to remain protected from being liable for damages...