Tag Archives: business insurance

Financial, Financial Information, Financial Services, Insurance, Insurance Services

The Business Octopus Lends a Hand in the New Year with Cheap Office Insurance

In recent years there have been plenty of businesses and entire industries that have suffered as a result of the tough economic circumstances. Business insurance expert, The Business Octopus, is now urging firms to protect themselves by taking out office insurance and making sure there are no more unpleasant surprises.

The Business Octopus provides companies with a wide range of insurance services and operates across a large number of industries, offering everything from teacher and tutor insurance to retail, restaurant, bar and pub, and landlords insurance.

Taking out appropriate cover and having a safety net in the form of a business insurance policy can prevent businesses from losing money through accidents, damage and indemnity-related issues.

Speaking for The Business Octopus, Patrick Herdman said: “The rise in VAT and other cutbacks have hit many businesses hard and this is why as we strongly believe that all companies should have some form of insurance coverage, to prevent them having to shell out even more this year.

“Some industries may seem to be relatively risk-free, but incidents such as theft and disasters like flooding, can happen anywhere at any time. Making sure the company is protected and able to move on quickly from this kind of situation is something that should be on every business’ agenda”

‘Should your firm be giving advice in anyway, protecting yourself with a comprehensive professional indemnity insurance policy is important, with failure to do so leaving the company open to serious losses. Most industries and trades are covered by The Business Octopus and policies can be tailored to suit the company’s needs with a variety of bolt-ons to their standard business insurance policy.

Via EPR Network
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Assets, Financial, Financial Information, Financial Services, Insurance, Insurance Services, Money

Learn How to Customize Business Insurance Policies

With any insurance policy, the consumer should take the time and care in making a checklist with their insurance agent to make sure all their bases are covered. Only a personally tailored business insurance policy stands the chance of being efficient while also providing the necessary amount of coverage, according to an article recently published on InsuranceAgents.com.

“When venturing out and starting your own business, it’s important to financially protect it with a quality business insurance policy,” states the article titled, ‘Make Your Own Business Insurance Policy Checklist.’ “Having all of the right coverage options and necessary inclusions will protect you from serious financial loss later.”

Here are several necessities that should be included in any business insurance policy. Without these, a business insurance policy is pretty much obsolete. Depending on the nature of the business, some types of coverage should be emphasized while others should be minimal. Talk to a licensed professional about the needs of your specific business.

-Reparation/replacement coverage for any damaged property or assets
-Liability coverage with high enough limits
-Reimbursement of any income loss if the company temporary ceases productivity (this is known as interruption insurance)
-A deductible that fits within the framework of the company’s budget
-Optional: workers compensation and health insurance for employees

Via EPR Network
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Business, Financial, Financial Information, Financial Services, Insurance, Insurance Services, Money

Changes To UK Gas Safety Commercial Insurance is Vital

From April the Corgi Gas Register was replaced by the Gas Safe Register. The Health and Safety Executive hold the brand “Gas Safe Register TM” in trust to ensure that it remains the official mark for the gas safety register.

A spokesman for Staveley Head, one of the county’s leading commercial insurance brokers, said:

“The Corgi Gas Register in Great Britain ended on 31st March 2009. There has been an extensive publicity campaign to make those people working in the trade aware of the change and to encourage them to re-register with the Gas Safe Register in order for them to comply with the Gas Safety (Installation and Use) Regulations 1998 and be able to carry on work.”

The Health and Safety Executive has delegated to the Gas Safe Register the sole responsibility for collating and recording the registration details of all certified contractors who are registered to undertake gas work in Great Britain and the Isle of Man.

The Staveley Head spokesman went on to say “The majority of people working in the gas trade and holding commercial insurance policies will find that their commercial insurance companies will amend the policy wording in their documentation to accommodate this change either mid-term or at the latest when their renewal falls due. The policyholders do not need to do anything, other than advise their business insurance brokers if they have not yet registered for the Gas Safe Register.”

Staveley Head is one of the leading commercial business insurance brokers in the UK and will be pleased to give you all the advice and assistance you need regarding this matter, including a very competitive liability insurance quote.

For more information on any aspect of commercial property insurance or commercial building insurance contact Staveley Head on 0845 017 9991 or email quotes@staveleyhead.co.uk.

Via EPR Network
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