Setting up a business in New Zealand can be a gruelling, yet rewarding and exciting endeavour. Organising insurance for your business probably isn’t going to be as exciting, but it’s definitely one of the most important things you’ll do and could save you and your business from financial disaster. Most people have a rough understanding […]
Covering All The Angles Public liability insurance is integral for a variety of businesses. You need to be covered in the event something goes wrong for which your business would be responsible. If you’ve got insurance, then this doesn’t represent a huge loss. Public liability insurance is especially important in businesses that feature dangerous situations. […]
As a small to medium-sized business owner, you’re well aware of the many types of liabilities you’re responsible for. However, not all businesses cover all these which can come back to bite them in the long run. Take how the high cost of healthcare, for example, could affect your revenue. Without the proper insurance, a […]
Each year, insurance fraud costs the United States economy tens of billions of dollars. It can range from anything from a falsely denied payout to deliberately lost paperwork and even to large, organized crime rings. Insurance fraud is also far more common than most people believe it is. If you believe that you have been […]
The modern insurance industry sprung from trade between Europe and the new world in the late 1600s. All forms of insurance now benefit from hundreds of years of development, but in all cases insurance is a function of risk assessment. As insurers gain more experience with the types of risks they insure, they are better […]
Customers are the beating heart of your business, keeping it ticking over and providing you with an income. But what can you do if they refuse to pay up? Non-paying customers are a massive headache for small businesses. Not only do they leave you out of pocket, but they also damage cash flow, forcing some […]
There are five key areas you need to look into when taking out business insurance. Read on to learn more about what you need to consider: Your employees First and foremost, if you run your own business and you have employees, you have a legal obligation to take out employers’ liability insurance. It will not […]
Starting an insurance agency is a good way of making a lot of money. It is advisable that you have some experience in the financial industry before you start your own business. If you think you are experienced enough, and want to start your own insurance agency, there are some key things that you need […]
When drivers in Ontario are paying for auto insurance for the first time, or when they are renewing a policy, they may wonder why the rates they are paying are so much higher than those paid by their counterparts in other parts of Canada. At the end of the day, insurance companies are going to […]
As a responsible business owner, you have already invested and covered your business with small business insurance in preparation for the worst: be it theft, accident or natural disaster. You want to make sure your business’s security is top notch, because having good security doesn’t just protect your business, it protects you and your staff […]
Putting aside adequate resources for healthcare needs has become a major concern for Indian citizens. While innovations in healthcare are constant, people are also living longer and consequently facing newer and pervasive healthcare challenges. These circumstances have necessitated a greater focus on healthcare expenditures and are compelling people to think about overwhelming medical expenditures over […]
One piece of advice Sir Richard Branson offers entrepreneurs is to protect their downside. In an article in Entrepreneur he said, “Always protect the downside. I think it should be a guideline for every entrepreneur — or anyone involved in business ventures.”
Insurance is one of those things that most people need but resent having to pay for. When money is tight, it is often insurance premiums that get cut from the budget. With an increasing amount of insurance being bought online or over the phone without advice there is a real danger that more and more […]
Find out what most business owners don’t know about their insurance premiums and how you can buy insurance a smarter way. Everyone needs insurance, especially business owners. It’s absolutely vital they are well covered not only personally, but also to protect their business against adverse events or shareholder buyouts.
Over the next year, a major change will occur for most people in how their homes are insured.
When starting a business there are a thousand and one things to think about. How to finance the start-up costs, where to locate the premises if there are to be any, how to go about employing people, setting up tax codes – the list goes on and on