Why your customers will demand personal chef insurance before hiring you

personal chef insurance - chef - restaurant

It’s important for these culinary pros to learn that the best clients will require coverage. Personal chef insurance is among the first things you should purchase before cooking a professional meal for another person. There are many reasons that this coverage should be considered a foundation component to your business. This protection starts with liability insurance but expands beyond that depending on your services. The main issue is simply that chefs are people, too. Mistakes happen. Regardless of the care taken to avoid the mistakes, the training and experience they…

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Janitorial insurance provides cleaning businesses affordable and necessary coverage

Janitorial Insurance - Industrial - Woman Worker

This coverage is designed to protect against the unique risks faced by this type of business. When you have a home or office cleaning business, janitorial insurance is among the first things you’ll need to investigate as you get started. This coverage is a group of different policies that are packaged together for anything from residential maid services to commercial cleaning businesses. The risks you need to cover depend on the type of cleaning services your company provides. Depending on the size of your business and the nature of the…

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Nationwide announces the launch of a new digital insurance platform

Digital insurance platform - Woman using smartphone and laptop

The insurer has made the move in order to respond to a rising trend of consumer digital expectations. Nationwide has announced the launch of a new digital insurance platform. This has been a long awaited move by the company, which is responding to the growing need for digital options from a new generation of consumers. The new digital platform is called Spire, and it will officially launch before this year is complete. The Fortune 100 giant, based in Columbus, Ohio intends to make its digital insurance platform available to its…

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Small insurance companies facing scrutiny receive IRS deal offer

Small insurance companies - Business

The goal of the deal is to ensure tax payment plus interest in exchange for dropping the case. The I.R.S. has offered small insurance companies under tax avoidance scrutiny a way to avoid penalties through a new offer. This offer would give the insurers the opportunity to pay all outstanding back taxes – in addition to interest – in order to close their cases and face no further penalties. The Internal Revenue Service is working to help to correct the tax avoidance and prevent it in the future. The small…

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Fitch labels General Electric insurance “risky”, sending share prices tumbling

General Electric Insurance - long term care

A new report called the long term care insurance backer the riskiest one in that sector. A new Fitch Rating report referred to General Electric insurance as one of the riskiest backers of long term care coverage. It pointed to the company’s substantial claims exposure and comparatively small cash reserves for paying those claims. As a result of the new designation, G.E. saw its shares take a nose dive at the start of the week. The Fitch Ratings report is issued annually. The credit ratings agency underscored concerns outlined by…

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Consumers seek hurricane travel insurance coverage for their vacations this season

Hurricane travel insurance coverage - Hurricane in Key West

After a few years of activity during the Atlantic storm season, travelers are looking into their options. The last few years have come with active Atlantic storm season, encouraging travelers this year to look into hurricane travel insurance coverage. Travelers are looking into the types of policy available and how much it will cost. The hurricane season runs from June through November every year. While some seasons see barely any storm activity at all, others are highly active. This year has already seen storms and Barry managed to make landfall…

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Independent hairdressers are learning the importance of hair stylists insurance

Hair stylists insurance - haircut - salon

This type of policy is more affordable and provides more coverage than many professionals realize. Salon owners may realize that they need hair stylists insurance among their business policies, but independent hairdressers frequently don’t realize the importance of this coverage. What is independent hairdressers’ insurance? Hair stylists insurance provides you with vital professional and general liability coverage. This is important regardless of whether you are giving someone a quick trim or are creating a drastic new look. Many stylists don’t realize that this type of niche policy for an independent…

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