Business Insurance

Group life insurance is a form of term life insurance, meaning that it does not accumulate cash value but pays a death benefit to a designated survivor. Term insurance is purchased for a set...

A bid bond is critical to the construction industry or any other bid-based selection process. Bid bonds are a way of ensuring the bidder will live up to its agreement with the project owner.

The Bureau of Labor Statistics estimates that more than 300,000 people are employed in the auto insurance industry in the positions of claims adjusters, appraisers, examiners and investigators....

Virtually every single business that produces revenue, has customers or clients, or can be sued for damages of any kind needs business liability insurance. How much a business needs varies by...

Making the decision to pay for employees' health insurance can help to improve morale and also help to recruit higher caliber employees. In order to pay for your employees' health insurance, you...

Organizations looking for ways to decrease expenditures must look at health care benefits. An optimal approach is to decrease the costs of benefits without alienating employees. Options such as...

Insurance companies are regulated by individual state agencies instead of the federal government. Insurers not licensed to sell policies of insurance in a given state are known as non admitted...

General liability insurance is the first line of defense in the event of a third party claim against the policyholder. Umbrella liability insurance is intended to respond in the event the general...

Many companies opt to offer insurance to their employees as a benefit. For most, health insurance is the second-largest expenditure in their budget, especially for a small company. Because of...

More than 40 million Americans do not have health insurance, according to "Business Week."Many of the people who don't have health insurance are entrepreneurs. Fortunately, those who start their...

Business insurance helps business owners protect their businesses from risk. This could include insuring key employees, such as founders of companies or products; and risk to property, as well as...

The business auto policy provides a variety of auto-related coverages that can be tailored to suit a company's automobile insurance needs. The standard policy can include both liability and...

Construction activities require both first-party and third-party insurance to protect the interests of the parties involved in the construction. Not only is it important to require insurance, it...

A patent is a set of exclusive rights granted to an inventor of a new invention for the right to exclusive ownership of her invention. Within the United States, patents are handled by the U.S....

There are a number of insurance companies that offer single day event insurance. Quotes are available on their websites or can be attained by calling them at their customer service telephone...

If you are planning on opening a restaurant or already have a restaurant in place and need further information about monthly insurance, there are various important considerations. The most...

Safety glasses are important in the workplace as they protect against debris, chemical splashes and other materials that can get into employees' eyes and seriously injure or blind them. This is...

Protection and prevention of falling in construction and hazardous activity occupations continue to be an ongoing process with many new designs appearing annually to help prevent injury or death....

According to the United States Department of Labor, thousands of people are blinded each year by things that could have been prevented by simply wearing the proper eye protection. This is why...

In the United States, the government requires businesses to have a Federal Employer Identification Number (FEIN). This 9-digit number, often called a "tax ID number," classifies a company for tax...

MGA stands for "managing general agent" and is a wholesale insurance intermediary with the authority to accept placements from (and often to appoint) retail agents on behalf of an insurer. MGAs...

CO2 alarms are like smoke detectors, only instead of detecting smoke, a CO2 alarm detects carbon monoxide, which is a poisonous gas that has no color and no odor. CO2 gas, which first enters the...

Although worker's compensation claims are handled differently in each state, the definition of work injury remains relatively identical throughout the United States.

Most businesses must consider their own security sooner or later. When a business decides to purchase a commercial security system, a number of things should be discussed with a salesperson.

Garage liability insurance coverage is necessary for Texas business owners who work on other people's motor vehicles, store the property of others or sell cars. It is usually purchased in addition...

Unitrin, Inc (NYSE:UTR) is a publicly traded financial services company. Headquartered in Chicago, Unitrin is one of the largest financial services providers, offering various financial and...

Hair salons, like any other business, need commercial insurance coverage to protect them from loss. There are many insurance companies that offer coverages particular to the hair salon industry.

Marketing is the act of seeking a customer base that might be interested in a particular product you are offering. Policy marketing is directed toward offering a variety of insurance policies to a...

Property insurance may be purchased by private homeowners or commercial businesses. There is a premium paid by the insured to the insurer in exchange for a promise to pay covered claims in the...

People buy many types of insurances in order to protect themselves and their possessions in case something bad happens. Businesses must also buy insurance, to protect the business. This type of...

Fraud can cost the insurance industry billions of dollars each year, which is ultimately passed on to the insured as increased premiums. Insurance fraud can be reported anonymously and easily....

In all states a license is required to become an automobile insurance agent. You can contact the insurance regulatory body for particular state for information on obtaining your agent's license. ...

If you own rental property, or are thinking about investing in real estate, rent loss insurance can help ensure that an accident or natural disaster does not empty your bank account. Rent loss...

Natural disasters, injuries to customers or employees, mistakes and automobile accidents all can cause monetary losses to your business. Fortunately, business insurance is available to help...

If a business has a temporary shutdown due to fire or other insured peril, business interruption insurance can be invaluable. Business interruption insurance generally insures loss of net profits...

There are many reasons to have gemstones appraised. An appraisal will establish a value for a loan or insurance, estate valuation or other tax concerns, a divorce settlement, purchase or simple...

Construction projects require a variety of insurance coverages to protect the parties associated with the project. First-party coverages protect the interest of the owner and contractor in the...

Before insurance companies made online claim reporting available to insureds, they commonly used what is called Acord forms to write a claim. These forms were standardized throughout the industry...

Anyone who operates a bail bond company is usually required to obtain surety bail insurance in order to stay in operation. A bond company is not required to obtain this insurance if it can prove...

On most major construction projects, work is awarded through a process known as bidding. Here, contractors submit prices for the job to the project owner. The contractor with the lowest price is...

Business interruption insurance is a type of coverage offered with a commercial general liability policy. The purpose of business interruption insurance is to provide funds in the event that your...

When a teenager finally gets that coveted license, it is time for parents to think about adding them to their insurance policy whether they have a car yet or not. It may cost more to add a...

Business insurance is purchased to protect your business from many types of risks that can cause financial harm or loss. Risks to your business can include injury or property damage that occurs to...

When it's time to select new health insurance for your business, consider getting help from your employees. A health insurance committee offers a number of benefits to both your company and its...

For a contractor, the threat of litigation is a real possibility. One of his employees could unintentionally cause injury or damage to another person or property at any time. Since a lawsuit could...

General aggregate insurance is a special policy coverage that is found on a commercial general liability (CGL) insurance policy. General aggregate insurance covers damages that are paid for bodily...

In the United States, employers--such as Fortune 500 companies, small businesses and government organizations--may offer employee benefits to attract, retain and reward talented individuals. In...

Construction can be a great business, but this industry also carries more than its fair share of risk. It is important for every contractor to carry sufficient insurance to protect the company in...

Alternative markets are available for many types of insurance risks faced by various types of businesses and certain types of industry. This typically includes the nursing home industry and...