If you run a boutique public relations business, a majority of your work is offering professional advice to clients to help them manage and build their reputation. A good reputation is vital to every business and any mistake in your advice could lead to damage. Professional indemnity insurance protects you in case of errors and covers legal costs if a client decides to take you to court. Follow these steps to plan professional indemnity insurance for your PR consultancy.
Public liability insurance may be one of the most important types of insurance for a business owner, and in some cases, it may be legally required. If you're a business owner, note a few factors about public liability insurance so you know when it's needed and can better determine the right amount of coverage for your business. About the coverage Public liability insurance covers the cost of any injuries sustained by a member of the general public, or damage to their property, when visiting your premises; this can mean a slip and fall, or having a worker on a forklift run into them or their car.
When business owners contemplate the most important insurance cover for their business, most think of insurance covers against fire, theft, or health. While all these covers are vital and necessary for a business, one other insurance cover eclipses all these risk products – public liability insurance. Public liability insurance protects your business from damage or injury that may afflict other people (workers, customers or members of the public) as a result of your actions, your employee's actions, your products and services.
If you own a fleet of trucks, you know how expensive insuring that fleet can be. However, there are measures that a prudent fleet owner can do to get very good cover at an affordable cost. This article discusses some of the ways through which you can get that cover for your fleet. Base the Deductible on a Per-Occurrence Basis You can limit how much you have to spend when a single catastrophe, such as a flood, destroys your fleet of vehicles by basing the insurance deductible on an occurrence instead of on each vehicle.