Category: Uncategorized

Are you looking to become a professional merchant on Amazon? Then you’ll need insurance. This may come as a surprise to many but Amazon requires their sellers – big or small – to have product liability insurance. With so many cases of faulty products leading to expensive lawsuits for Amazon – can anyone blame them?… Read more »

What is the first thing that comes to your mind when you think about business insurance?  For many small business owners, it may well be – ‘Later’.  But this particular word is the root cause of most problems. A survey reveals that about 75% of US businesses are 40% underinsured. While the main reason is concern about… Read more »

Did you know that in 2019 alone, there were 888,220 nonfatal injuries and illnesses in private industry occupations? This figure doesn’t include workplace fatalities. Situations like these are deeply traumatic; for both the company and employees. They can also prove to be very expensive –financially and in terms of goodwill. This is why companies have… Read more »

We’d all like to believe that our employees reflect the scruples of our companies. Sadly, employees will sometimes conduct themselves in ways that go against corporate and even personal ethics. They may exhibit discriminatory or predatory behavior, mismanage benefit plans, or more. In such instances, it’s difficult to predict the extent of legal woes a… Read more »

According to the National Insurance Crime Bureau, fraudulent claims in worker’s compensation may amount to $80 billion annually in the USA. While some large-scale businesses may have additional resources to tackle such situations, small businesses risk major financial losses in the battle against fraud.  Employee fraud tends to make up for about 20% of the annual worker’s comp frauds… Read more »

US retail stores achieved a profit of $6 trillion in 2018. And there were about 3,100 more stores at the end of the year than in 2017. While the events of 2020 presented challenges for the sector, retail is a pillar of the economy and there’s no reason to assume it won’t remain so in 2021…. Read more »

General contractors carry out small and large construction projects from scratch to completion. They work on building sites, single-family homes, and more complex construction projects. Construction sites tend to be dangerous for workers, hence, it becomes necessary for them to make sure that they have insurance in place for their workers. It prevents any unfortunate… Read more »

Unfortunately, home-based business insurance is often neglected. Numerous people own their own homes and expect that their home insurance will cover their home-based businesses. Sadly, this may not be the case. Of course, Operating a business from home has various benefits. But this won’t mean that the venture is risk-free. Like any other traditional business,… Read more »

Some risks cannot be measured, and the only apt strategy is to be prepared all the same.  When talking about business liability, even a simple slip and fall on the premises can cost you a lot. Business liability insurance can save you from these financial risks, but then again, just how much liability premium is… Read more »

In 2017, about 75% of businesses in the US didn’t have adequate insurance coverage, and about 40% of small business owners didn’t care to get any insurance at all. This was, of course, dangerous. In essence, most of these small businesses could have shut shop if legal issues arose. In fact, in some states, operating without some… Read more »