When you have a food industry business, you should get a restaurant and cafe insurance in the case of a fire, theft or flood. This type of insurance can help cover the income you lost, and you will not suffer huge losses even if you had to close temporarily. This will give you enough space and time to restore your restaurant to its previous state. This is similar to if a customer or supplier was injured in your restaurant, and they sued you for damages; the insurance will cover you for this as well.
22 May 2019
You may have taken insurance for granted, but the truth is that it is an important weapon in your arsenal. Life insurance shouldn't be taken lightly because it can protect your family from financial issues in the unlikely event of your demise. Mortality is uncertain—and it can happen any time. With so many insurance options available to you, how do you choose? An insurance broker will help you by shopping around, but it pays to have some knowledge on your own too.
27 June 2018
Every business has inherent risks that entrepreneurs must consider when they launch operations. Business insurance can safeguard your company against several scenarios that might prove costly such as liability cases and damage to property. Finding the right cover will set a businessperson on a sound economic footing from the get-go. Here are four types of business insurance that every startup company must know. Commercial Property Insurance -- Physical property such as equipment, machinery, furniture, inventory, and buildings are susceptible to damage.
18 January 2018
Owning a small business or being self-employed can mean many freedoms and rewards, but it can also mean taking on all the risks of your work and your business yourself. Any errors, oversights and other such mistakes on your part can be very costly and can mean losing your business; in some cases, you might even risk losing your house and other private property. Having the right insurance can protect you from this type of loss and cover any damage or costs that are due to your errors or negligence.
31 August 2017
Workers' compensation is a compulsory and essential form of insurance for businesses with employees. This provides financial protection to the company by covering wage replacement and even medical treatment for workers who sustain injuries within the workplace. Unfortunately, compensation claims can be quite expensive for the business, resulting in reduced profits. Therefore, as an employer, it is important for you to invest in the effective management of this insurance and significant reduction of pertinent claims.
10 March 2017