Business insurance is meant to protect you and your business from financial losses in case of an unexpected event. Covered events typically include anything from a customer falling while on your business premises to theft or damage of your business equipment. Business insurance also protects you against things like professional mistakes, legal fees, and when the business faces a compensation claim. As such, it’s important for all businesses, including sole traders, self-employed people, and limited liability companies. What does business insurance cover? Different forms of business insurance cover different kinds…
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How Buying Insurance Online Can Save You Money
The insurance industry has been open to a private sector for a while. It has allowed for innovation and a new structure for products and features available when it comes to insurance. One of the most convenient features is the ability to obtain it online. As a tradesman, you have to juggle a lot of tasks and responsibilities, especially if you are self-employed. Therefore, getting your cover online can save you time and most importantly money. With All Trades Cover, you can explore a range of insurance options from the…
Read MoreFive Tips for Keeping Errors and Omissions Insurance Costs Down
In our lawsuit-happy society, in which even the spillage of hot coffee can lead to a multi-million dollar settlement, virtually every business needs some form of errors and omissions (E&O) insurance. Also referred to as professional liability insurance, professional indemnity insurance and, in the medical field, malpractice insurance, E&O insurance covers various types of businesses against the costs associated with civil lawsuits. The economy remains strained, however, and business executives want to know how they can minimize the cost of E&O insurance. In this article, we’ll look at five ways…
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