Picture the scene, you run a small nursery or kindergarten and despite having a great reputation in your area you find the number of children attending your establishment and subsequently your profits falling. In many cases this is through no fault of your own as due to tax breaks or changing working patterns, parents can no longer afford to send their children to your nursery or day care establishment.
If this story sounds familiar and you are looking to save money on your nursery insurance premiums, the nursery insurance broker has produced these simple yet highly effective tips that could help make sure your nursery business insurance premiums do not increase and in many cases, actual fall.
The way most commercial insurance works is that businesses either approach a broker to source… Continue reading
MAKE YOUR PREMISES SAFE FOR YOUR CLIENTS: The most common Commercial Liability claim is the basic “Slip & Fall”. Restaurants see these more often than most other type of businesses, but, if you have clients coming to your place of business, it can happen in your business too,
MAKE YOUR WORKPLACE SAFE FOR EMPLOYEES: Worker’s Compensation cost is sky-rocketing! Be aware of the work environment to which you subject your employees. The more claims you have, the higher your premiums will be — whether we’re talking Liability, Property, or Worker’s Compensation.
MAKE SURE YOUR PROPERTY HAS HAD RECENT UPDATES: Property policy premiums are typically based on the type of construction and condition of the premises. Make sure you do your best to keep everything up to code, and keep… Continue reading
Professional liability insurance is a necessity if you are working in certain fields. Doctors, other medical professionals, lawyers and others need this protection against lawsuits. No matter how well you perform your professional duties, there is still a chance that you will be sued. Even unfounded suits require the expenditure of time and money that you can’t necessarily spare. As the incidence of lawsuits continues to increase, so does the need for liability insurance to protect your practice, even if the law does not mandate it for your particular profession. Liability insurance could save you a great deal of money and stress in the case of a wrongful suit against your business.
Depending on your insurance provider, you may be able to receive your professional liability insurance through your health and… Continue reading
New York, NY June 2008. Due to my role I get to travel a lot, mainly along the east coast. Not once people consult with me and share their experience with me. On my last visit to Lexington, MA I was exposed to a story that not surprised me, but, again raised the question about people involved in my industry.
The field of life insurance in general and the niche market of life settlement and premium finance in particular suggest many ways of how senior citizens should handle their retirement in terms of cash flow and estate planning. In most cases, all seniors have already a relationship with professionals who they are familiar with and trust.
However, we live in capitalism and a free nation and being approach by all means of… Continue reading
Although people may understand the need for life insurance, sometimes it can be a burden to pay the monthly premium. This is particularly true for senior life insurance as retirees are often living on fixed incomes and have limited ability to pay their expenses.
Premium financing options are available to allow people to keep up their payments and maintain their policies.
How Life Insurance Premium Financing Works
When the insured doesn’t have the income to cover the monthly premium, the payments are borrowed from a third-party lender such as a bank or from the insurance provider itself. The amount owed the lender will increase over time. Every month the insured borrows the premium amount plus the accrued debt earns interest.
In most cases, the lender is reimbursed upon the death of the borrower by… Continue reading