Most of the people hit the gym or fitness centres in the hope to shed that extra kilos. However, what if an accident happens at the gym and they lost their lives? That’s what happened in Mumbai where a 29-year-old National athlete died of cardiac stroke while working out in gym. Health clubs, gyms and […]
Articles Tagged: liability insurance
What Makes Professional Liability Insurance Necessary for Accountants?
Accountancy— a profession which corrects the financial errors of other parties, is often fraught with risks. If you are an accountant, it’s your responsibility to provide correct and precise accounting services to your clients. However, even the slightest mistake can disturb your client’s financial health and thus, make you liable for negligence. It is a […]
What are the benefits of Business Insurance?
Running a successful business always comes with inherent risks. A client could file a suit, a natural disaster can ruin things, or someone can get injured on the site. For this reason, it is essential that a business has an insurance policy in place to protect itself as well as its assets. So, what are […]
Does Product Liability Insurance Covers Spoiled and contaminated Food?
Yes, a product liability insurance policy covers spoiled and contaminated food as well. A product liability insurance policy covers the various costs associated with damages, illness, or injuries caused by your products. If you run a restaurant, grocery store, or wholesale food business, perishable food, and beverages are like your ‘food and butter’. You will […]
Small business owners covering legal fees in the case of a lawsuit
Businesses these days are vulnerable to many lawsuits regardless of the location or industry. Small business owners are frequently involved in defending against claims and lawsuits arising from their business operations. While doing business, small businesses interact with clients, vendors, employees, and contractors. Any one of them can claim that a particular incident caused them […]
What are the most important features of an umbrella insurance policy?
An umbrella insurance policy is a type of extra liability insurance policy used by many businesses. This insurance is crafted to protect the insured against significant claims and lawsuits. And ultimately helps to protect the insured’s assets and the business’s future. So let’s discuss in this article what are the important features of an umbrella […]
Cyber risk insurance in India: More window shoppers than converts even after attacks
Published in Factordaily on 24th August 2017 A company is hit by ransomware every 40 seconds somewhere in the world, thanks to the rise of the ransomware-as-a-service model that is available ‘on demand’ to criminal gangs who increasingly target businesses. To date, 2017 has seen this trend play out in full force, with high-profile attacks […]
What Kind of Liability Insurance Does a Consultant Need?
Need for Liability Insurance coverage for Consultants Various companies hire consultants and avail their services for the growth of their business. Further, many professionals open their consultancy firms and often work either out of home or from an office suite. As a consultant you or your employees would be offering a service or imparting advice […]
What is Run Off Cover in Professional Indemnity Insurance?
In a professional indemnity insurance, a run off cover is there to safeguard you against those losses or damages which may arise after your professional or business has ceased to trade. If you have been involved in providing professional services, ongoing professional indemnity insurance is essential. Moreover, you could also remain liable for claims which […]
Workshop on Risk Management for manufacturing companies
Published in Unison Times SecureNow Insurance Broker in association with FICCI-CMSME, organized a workshop on Risk Management on the February 22, 2017 at FICCI House, New Delhi. FICCI is a highly regarded industry body in India and its CMSME chapter focuses on small and medium enterprises. The purpose of organizing the workshop was to provide […]