Archive for December 2010
Business Insurance – And What You Need To Know – Article Blast! Free Articles And Content For Reprint On Your Website, Newsletters and Ezines. Submit Your Articles For Free!
December 22, 2010 | Author admin
Getting your business up and running is exciting, challenging and hard work. You’re finally making money – and you are the driving force that is making your business grow. But have you taken care of the “What ifs”. Like – “What if I get sick, how do I pay my bills” or “What if I have a fire, how do I keep my business running”. Simply put, the one thing you do not want is to have the business that you have labored so
tirelessly on, hit a financial snag.
If you are a sole proprietor or a partnership – both your business and personal liabilities are at risk. Do you think you’re safe if you incorporate or have an LLC? Many are misled into believing this is so, however, you too can become personally liable if you sign a personal guarantee on a loan, personally injure someone or act irresponsibility. As you will see, owning business liability insurance can and
does protects your business and personal life from financial ruin. My discussion here will be limited to Business Interruption,Overhead, Umbrella Liability and Liability Insurance – explaining what these four types of insurance are, and what they can offer you and your business.
Business Interruption Insurance
Business Interruption Insurance helps to insure against any economic losses that you may encounter if something should happen to close down your business. For example, you have a fire in your corner of the house – your business office.
Your home is covered for property damage – thus, the rebuilding is covered, however, what about the lose income you’re losing while you rebuild? That’s where Business Interruption Insurance can come in to play.
Overhead Insurance
There is one type of business insurance that you may want to consider when your business is making a good profit, and that would be Overhead Insurance. Overhead Insurance covers rent, salaries, utilities, insurance premiums and/or interest payments that are related to the business – this type of insurance would cover you in case of a major illness or accident.
Umbrella Liability Insurance
Umbrella Liability Insurance is used for catastrophic losses. This will protect you in the event someone wants to sue you. An umbrella policy will upgrade your basic auto, homeowners or business insurance to cover these unforeseen events.
Liability Insurance
If you have people coming to your home-based business, than liability insurance may be something you should look into it. Liability insurance will cover you against
claims made by others against you for injuries or damages that occurred on your property.
Yes, your homeowner’s policy includes some liability insurance, but it may not cover you for liability claims caused by your business.
To conclude, life offers many unexpected turns in the road – and basically, that’s what all insurance does – it protects you against those unexpected bumps in the
road – and keeps you moving toward your goals with only limited stales. Personally, I believe I can deal with a small bump in the road better than a complete halt in
business. How about you?
How To Get Best Auto Insurance – Article Blast! Free Articles And Content For Reprint On Your Website, Newsletters and Ezines. Submit Your Articles For Free!
December 22, 2010 | Author admin
Insurance is something to make life secure easier and clearer. Financial help after any accident whether be natural or man-made is very hard to bear. But at this high time if we get any financial help it is enough to console us mentally. The money of insurance works like friend in need is friend indeed. In case of auto insurance we can invest the money and can go for repairmen. The insurance company pays complete compensation for the accident.
These were the basic advantage of insurance company; now let us find the way to get the best insurance deal and what are the formality require for getting an insurance. To get an insurance first you have to go through the companies and give the quote according to your need and want. Make sure that you have gone through a long and detailed search before applying for the one. Go through the price tag and the installment you have to pay for availing the best cover. To know more about car finance and car loan click here.
There will be instances when you have a pressure of your friends or relative to go for a particular insurance company. For instance one of your friends tells you to opt go for xyz car finance in South Florida. For situation like this you do a good search and then confirm his/her request if found suitable.
Generally insurance money is actually your own money because it is deducted from your own salary on monthly basis for a particular period of time. The insurance company on account of that money provides a security circle around your particulars for which you are paying. Natural disasters, at times can churn your life to pieces it can bring to a big halt. Here insurance will work for you. There are insurance companies who take monthly installment on time but never pay the compensation on time. Never ever stick to that sort of company. Always go for that company who deliver right service on right time.
To know more about the best insurance quote it is very important that you have a very warm relation with your insurance agent, many insurance company appoint independent insurance agent to promote and bring the business. Insurance company are very frequent with changes they keep on bringing new changes to attract customer. So, if you will have a good relation with your agent you will be well informed about the profitable deal. By this way you will earn a good profit with minimum investment.
Now when comes about getting car insurance then companies tends to check your previous records. For instance, if you accidentally meet an auto accident then make sure you are not going to get the same deal. So always try to drive safely on the road to enjoy the cheap service.
To sum it all, it is important to take your time when shopping for your Maryland Auto Insurance, interview a representative of the company and ask friends and neighbors if they can refer an insurance company.It can save you time and money in the end.
Worker’s Compensation – A thing that every worker should know – Article Blast! Free Articles And Content For Reprint On Your Website, Newsletters and Ezines. Submit Your Articles For Free!
December 22, 2010 | Author admin
Work place accidents occur. It’s a fact. From very minor incidents such as small cuts and bruises to very serious accidents that may result in death. Previously known as “workman’s comp” for short, the name has been changed to Workers’ Compensation. Worker’s compensation is basically an insurance policy, derived from state statutes, which protect employees if they become injured or sick while carrying out the duties of a job. Worker’s compensation may also pay damages to a worker’s family if the worker is unable to return to work for a long time or suffers a fatal injury.
Each state has its own worker’s compensation regulations and rules, and state laws control an employer’s responsibility to its workers. State law establishes the types of injuries and sicknesses, which are actionable, and the award an injured party could receive for those conditions. Federal law only relates to employees of the national government or those persons who carry out interstate commerce. Coverage includes work-associated illnesses, sickness, falls and other accidents in the workplace.
Workers compensation does not just cover medical costs; it also provides income replacement for the injured worker due to an on the job injury or accident. Depending on the state of jurisdiction, the employee might get up to 2/3 of his or her usual wages, until they are able to return to work.
Worker’s Compensation is insurance that provides medical and disability benefits for work related injuries and diseases. For many employers this insurance is an experience rated system that encourages injury prevention by charging higher premiums to those employers whose workers have more injuries.
Workers’ Compensation sole purpose is to cover the medical expenses accumulated by the injury, as well as financially support of the employee while they are recovering. As an incentive to encourage businesses to accept full responsibility for the premium costs of workers compensation, the workers gave up the right to sue the employer for damages resulting from a job related injury. Many seem to think workers compensation should be treated as an employee benefit. However rather than a benefit, workers compensation is a legally mandated right of the worker. As a mandated right all medical bills and loss wages relating to an on-the-job injury are covered by the workers compensation coverage.
Apparent Benefits of Worker’s Compensation – Article Blast! Free Articles And Content For Reprint On Your Website, Newsletters and Ezines. Submit Your Articles For Free!
December 22, 2010 | Author admin
Workers compensation is a type of insurance which collectively offers compensation as well as medical care for the employees who are accidentally injured during the course of employment. Workers’ compensation also encircles economic loss, reimbursement of medical and other form of health insurance. The Worker’s Compensation insurance is extremely helpful and not only covers the comprehensive cost of hospital bills but also follow up doctor’s appointments, drugs and even surgeries. Though Worker’s Compensation can be costly, it is often protect the small business owner from lawsuits. If an employee signs on with Worker’s Compensation program he relinquishes his right to bring legal action in the event of an accident.
In real terms Worker’s Compensation is a collection of laws which protect people that are injured at work. The intent of Workers’ compensation program is to take care of the injured workers at the work place. If you’ve been injured or met an accident on the job, then you should be aware of Worker’s Compensation rights. If you have been injured then it is a great idea to seek legal and professional support from the company. You may also require an attorney who particularly specializes in Worker’s Compensation cases or in personal injury or accidental cases.
Worker’s Compensation offers certain benefits like: cash benefits, supplemental benefits, medical benefits and social security benefits. But if the worker dies from a compensable injury, the surviving belongings or other dependents as defined by law are entitled to cash benefits at the same time. The amount may be equal to two-thirds of the deceased worker’s average wage or according to the state legislature. If there are no surviving children, spouse, siblings, parents or grandparents entitled to compensation then the surviving parents or the estate of the deceased worker may be entitled to payment of a certain sum. All in all, you should be aware of the Workers’ compensation programs designed by the companies.
If you have been in a motor vehicle accident, and had bodily injury, pain and suffering or emotional distress, Mitchell and Shea APC are lawyers with vast experience in personal injury that can help you.
As leaders in the field of workers compensation law, we can assist you with work accidents, construction injury, temporary or permanent disability, modified duties and work restrictions, discrimination at work, workers’ comp settlement, stipulation with request for award and state disability.
If you have experienced any personal injury like head or brain injury, slip and fall, dog bite, negligence whiplash injury, property damage, amputation at work or in a traffic collision, repetitive stress injury like carpal tunnel syndrome, laminectomy, discectomy, fusion, arthroscopic knee surgery or shoulder surgery – Call Mitchell and Shea APC Toll Free 877-702-6517
Health Insurance and Survivors of Cancer
December 17, 2010 | Author admin
If you have a history of cancer you’ll find it hard to be enrolled in any kind of medical care policy. However this is also a difficult time for them to look for a decent job. Employers are of course wary about hiring applicants with cancer because this will drive up their medical expense.
Low-cost health insurance can also be a hassle. The cancer survivor is usually hit with very high premiums, the obvious exclusion because of a pre-existing condition, and the uncertainty that the health insurance provider really does not want to insure the individual.
The unfortunate catch-22 situation that a cancer survivor is placed makes them wonder what the point is of having health insurance of any kind. Often they are categorized under the high risk pool. This is the reason why their premiums are high. You will need to pay a medical policy even though you won’t have coverage for eighteen months because you used to have cancer.
Most plans specialize in managed preventive care instead of catastrophic benefits that a lot of people will need some time in their lives. This puts the survivors in high-risk pools that will give them a problem of paying the costly premiums.
Most patients will try their best to pay their premiums but it will come to a point when they can no longer pay. This leads them to hold on to whatever they have so they could keep paying their premiums and keep their policy.
The opportunity to find a different carrier with an offering of a lower cost health insurance policy is very slim. For some individuals, they feel that getting an individual paying policy is less adequate than going through an employer-sponsored insurance.
The new health insurance provider may require and elimination of the rider for the cancer treatment you so desperately needed simply because they can. Sad to say, there are insurance providers who will not give you coverage until five years after. But it defeats the purpose of applying for health insurance. Because of financial challenge, some patients just turn to their state government for health coverage,
A Health Insurance Guide for Cancer Patients
December 17, 2010 | Author admin
Even though you have already recovered from cancer, you still have to face another problem – finding an affordable medical insurance. The common health insurance policy is set up to cover necessary medical expenses and non-medical expenses. Your non-medical costs cover your loss income when you lose your employment.
Other familiar features include the in-home health care, ambulatory transportation and when it becomes necessary, childcare expenses for those individuals who still have young children residing in the home. Included under medical costs are co-pays, medical tests, extended hospital stay and other medical emergencies.
Cancer survivors need to consider a few important facts before they begin to proceed with caution.
1. Cancer diagnosed before the application of the health insurance policy
2. Cancer that began before the application of the health insurance policy even if the individual was not aware
3.Cancer related illnesses such as common infections, pneumonia, and diabetes
4.Outpatient treatment coverage just in case the cancer occurs again
Individuals who are susceptible to cancer needs a complete medical coverage compared to those who are not susceptible to it. I know this is not easy to decipher but it helps for you to trace your family medical history.
Most health insurance providers will cover hospitalization for up to ninety days in an annual cycle, though the majority of patients remain in the hospital for about twelve to fourteen days at a time. It’s already difficult as it is if you have been diagnosed with cancer. The last thing you would want to worry about is looking for a goodhealth care .
Patients who recovered from cancer who are lucky enough to go back to their jobs will more easily be able to keep their health insurance. If you get your plan through a group insurance, then it will be better for you since it will mean getting lower premium rates.
It is vital for cancer survivors to know that having a health insurance is extremely important for their care because anytime cancer might come back. Even a temporary long-term health insurance policy is far better than no health insurance policy. Catastrophic health insurance is another option for the cancer survivor.
An Overview of Cancer Insurance
December 17, 2010 | Author admin
A cancer diagnosis can be overwhelming enough before you even start to consider the financial ramifications. Cancer insurance policies were created fairly recently in response to rising cancer rates. These policies are designed specifically to help curtail the expenses related to cancer care.
What is Cancer Insurance?
Cancer insurance is a supplemental insurance policy, meaning it does not take the place of an entire health insurance policy. It is used to cover the costs of cancer treatment that are not included as part of a standard policy. Cancer insurance can be a great help to cancer patients, allowing them to focus on their recovery rather than worry about mounting medical bills. However, it is not available to everyone.
Cancer Insurance Eligibility
To qualify for a cancer insurance plan, you must be totally free of any pre-existing cancerous conditions. This is all the more incentive to plan for the future by purchasing a cancer insurance plan before it is needed. In most cases, you will also not be eligible for coverage if you have been successfully treated for cancer in the past.
Cancer Insurance Coverage
Although plans vary from policy to policy, most cancer insurance plans allow for coverage of medical and non-medical expenses. The medical expenses include such things as hospital stays, medications, and cancer-specific treatments. The non-medical coverage extends to other costs that have been accrued as a direct result of a cancer diagnosis. This includes things like the loss of an income, the costs of home childcare, and special dietary needs. Loss of income coverage can be especially helpful when a cancer patient is unable to work due to their illness. Non-medical can also cover things like transportation, such as the ambulance or helicopters used to bring patients to the hospital.
Choosing a Cancer Insurance Plan
Because policies can differ greatly, it is always important that you take the time to fully understand and compare each cancer insurance plan before you make a decision. One quick way to get the most efficient pricing on a plan is to compare it to your health plan. This can help you discover any overlap in coverage between the two policies and allow you to make the most cost-efficient choice. After all, you don’t want to pay for any kinds of coverage in your cancer insurance plan that you are already paying for in your health plan.
Disease-specific insurance policies are currently a topic of considerable debate. While some argue that the general benefits of cancer insurance could be met by a traditional health insurance plan, others have found cancer insurance to be an invaluable complement to their health plan. While this can change from person to person and plan to plan, there are a few things you can think about to help you decide if you should purchase a cancer insurance plan. Does your family have a significant history of cancer? Does your career or lifestyle put you in a higher risk group for cancer? Is your current health plan equipped to handle any medical and non-medical costs that could arise if you were diagnosed with cancer? Answering “yes” to any of these questions is a good indication that you should look into a cancer insurance policy.
For people at a low-to-average risk for cancer, it might be a more financially sound move to update their current health insurance plan with coverage aimed at cancer-related costs. This could cost less than the addition of a whole new disease-specific policy. However, it’s important to realize that this could mean giving up the non-medical expenses offered by a cancer-specific policy, including loss of income.
Finally, keep in mind that cancer insurance is not a replacement for a standard health insurance plan. It is meant as a supplement and not designed to stand on its own. A solid cancer insurance policy will work with your health plan to make sure all your bases are covered in the event you’re diagnosed with cancer. Everything should be covered, such as chemotherapy, experimental treatments, transportation to and from the hospital, loss of income, child care, medication, and more. With three out of seven Americans contracting cancer in their lifetimes, this might be the right time to give yourself the peace of mind that comes from full coverage.For consumers looking for insurance online and where to get the best insurance quote possible, look no further than 2insure4less.com. Whether it is auto insurance, home insurance, health insurance, life insurance, cancer insurance, disability insurance, business insurance or burial insurance, 2insure4less has helped countless consumers find insurance online.
What Kind of Motorcycle Insurance Do You Need?
December 17, 2010 | Author admin
Securing motorcycle insurance can be a pretty harrowing experience, especially if you don’t like the idea of diligently canvassing for the best deals, and studying the fine print of insurance laws and contracts. With all the insurance companies out there offering so many different kinds of motorcycle insurance at a wide range of rates and payment schemes, you might become easily confused and frustrated.
As inconvenient as getting insurance might be, however, it is very important. After all, your motorcycle is pretty expensive and exposed potential dangerous situations. So rather than getting your bike in an accident and then having to junk it or shoulder the full cost of repairs, it’s probably a good idea to go through the small discomfort of securing insurance now than having to bear a great burden later on.
But to help you take the first step, here is some important information about the various coverage in motorcycle insurance in Texas:
Bodily Injury & Property Damage Liability – This is the most basic type of insurance available, and is required by Texas Law. This includes your legal liability in the case of an accident for such things as third party damage and physical injury. However, if your bike is damaged, this kind of insurance will be of no help when trying to get help with repairs.
Uninsured Motorcycle Insurance – This will take care of your medical expenses and loss of income, but—and here’s the catch—only if you’re hit by an uninsured driver. Uninsured motorcycle insurance also covers repair costs for your bike as much as your insurance limit, but under the same conditions.
Medical Payments – Don’t forget to make sure that your motorcycle insurance policy covers medical payments, because this is the last thing you want to be worrying about if you get into an accident. Medical payments coverage is optional and recommended.
Comprehensive and Collision – Get his coverage if you want something that covers the repair cost to your motorcycle in the event of an accident, or will replace your bike if it was lost due to a fire or theft. Comprehensive and collision may even cover some custom parts that you may have added to your motorcycle. Make sure to request additional customization coverage to insure custom parts are covered.
Custom Parts Motorcycle Insurance – This is for the hardcore bike-lovers out there who have poured out a lot of love on their bikes. This coverage will help if your one-of-a-kind bike is wrecked or stolen and you had customized the motorcycle. Some Texas motorcycle insurance policies already come with some customization, but you should ask your agent for the details.
Different companies will offer you different rates for insurance. Rates will also depend on your age, the type of bike you ride, your driving history and experience, and some other little details that you may not have thought of before. Generally, this means that you can take steps to make your insurance policy as affordable as possible.
Custom Motorcycle Insurance – When To Get Custom Motorbike Insurance
December 17, 2010 | Author admin
Think of the months you saved up for your motorcycle. Now that you have it, it is only smart that you get the insurance for it. After all, your motorcycle is a monetary investment. You worked hard to have it. You look at it as your own personal chopper and you have it stored in your very own garage. Your motorcycle is for you and it’s your s alone. You alone enjoy it.
That is why you have a sense of pride whenever you ride it or whenever you clean it. It only makes sense to protect it from being stolen or having a scratch from a motorcycle accident. Just in case the unthinkable occurs, you need to take the necessary precautions. Therefore, you have to buy custom motorcycle insurance.
Think of the following scenarios. Let’s say your motorcycle was damaged while you were on your way to work. Worse, what if your motorcycle was stolen when you just parked it behind the convenient store? These things happen.
You’re just unlucky that these happen to you. Well, at least you have custom motorcycle insurance. Insurance for motorcycles are like your own medical insurance. You buy it and you pay for it. Sometimes you don’t get sick and you wonder that you’ve actually paid for something you didn’t use.
But what if you did get sick? Imagine of how much you’d save because your insurance footed the bill. That is how it works with custom motorcycle insurance.
However, unlike car insurance, there is so much more involved in custom motorcycle insurance. The rate of your insurance depends on a number of factors. These are your age, driving experiences, brand of motorcycle, and the area that you live in.
It is more meticulous than car insurances. That is why motorcycle owners are often advised to shop around for insurance companies because the motorcycle insurance rates vary.
Finally, one more thing you should remember about the custom motorcycle insurance rates is that these are somehow customized for the individual. As mentioned in the previous paragraph, there are a lot of factors that affect the motorcycle insurance rate.
Because of this, motorcycles are harder to insure and harder to register. Not only that, there are different rules for each state. Then again, after buying the motorcycle that you want, we’re sure you wouldn’t mind going through all these trouble anyway because it’s all worth it.
via Custom Motorcycle Insurance – When To Get Custom Motorbike Insurance.
Insurance Tips For New Home Owners
December 13, 2010 | Author admin
If you have just bought your very first home, you are probably unaware of how your purchase has affected your insurance profile and that you need to review your existing insurance cover. In fact, even upgrading from a small, cheap house to a larger family home will impact on your insurance. Most people think that adding some form of homeowners insurance is all that is needed when purchasing a new home. While the addition of a homeowner’s policy is by far the biggest change, your other insurance policies will most likely need to be reviewed too. The following are some of the more prominent policies you may need to revise.
Homeowner’s insurance
If you successfully applied for a home loan, your bank will have required that you take out a homeowner’s insurance policy. The questions that you need to ask yourself are did I get sufficient cover and did I shop around for the best deals?
When analyzing your coverage needs, your assessment needs to be based not only on what is required by your bank, but also on the actual value of the property. Banks often pressurize you to take whatever insurance policy they put in front of you. Except for a few conniving banks, taking the bank’s own cover is not mandatory. This means that you have the option of shopping around for better insurance.
Car insurance
If you just bought a house, your marital status may have changed. If this is the case, then congratulations! You may be eligible for a lower premium as marital status affects your risk profile. Married couples are considered a lower insurance risk by insurance companies. You may also want to cover both your and your spouse’s cars under one policy. This should work out much cheaper than having two separate vehicle insurance policies. You may even want to go one step further and combine your vehicle and homeowner’s policy to get even cheaper premiums. Lastly, it is essential that you update your car insurance policy as your change of address will also affect your policy. This is essential because should you need to claim due to theft from your new home and you have not updated your policy, your claim might be turned down.
Disability and life insurance
If you were to become disabled or unable to work due to an accident or disease, your mortgage will still need to be paid. Disability cover will pay you a monthly benefit if this happens which could very well save you from financial ruin until you are able to work again. Similarly, life insurance will help pay off your debts and perhaps even the mortgage on your home should you pass away. If you are the breadwinner in your family, this type of cover is essential.
Purchasing a new home can be a very exciting experience, but it is important that you remember to review all your insurance policies to make sure that you and your loved ones are adequately covered. If you are unsure of where to start contact your insurance broker and without a doubt, shop around for the best insurance deals!
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