Tag: Business Insurance 2

Five Critical Lessons Concerning Commercial Umbrella Insurance

Commercial Umbrella Insurance Almost every business large or small needs some level of added protection afforded by a commercial umbrella insurance policy. A commercial umbrella policy provides a layer of coverage over and above a primary business and auto policy.  There are at least five important lessons, or facts, to be aware of when considering commercial umbrella insurance. An umbrella policy can, but may not...

How Surety Bonds Are Different Than Insurance

Bonding Defined There is a big difference between a surety bond and business insurance. With business insurance, there is a contract or agreement (the policy) between the insured and insurance company. The business insurance policy outlines the terms of the agreement. Under the policy terms, the insurer agrees to indemnify the insured for any damages or loss to a third party that is covered under...

Has Your Business Changed? So Should Your Business Insurance

Update Your Northeast Business Insurance Let’s face it, your business changes almost every day.  You add new employees, equipment and vehicles, and you change and update in every way needed to remain competitive. To ensure your business is protected with the right business insurance, you need to structure your program to respond when needed. These changes can impact your business risks, and you will need...

2014 Company Holiday Party Planning Safety

The year-end holidays are a great time of year, and it is always fun to get together with co-workers to share in the seasons festivities. However, holidays can be an especially dangerous time because many people celebrate by over consuming alcohol, making themselves susceptible to related troubles. An employer who serves alcohol to an already intoxicated employee at a company sponsored holiday party could potentially...

Recovery after a Cyber Loss

How to Use Cyber Insurance to Your Benefit According to IT Business Edge, 50% of businesses listed cyber security as one of their top five    business risks. Cyber liability is the risk posed by conducting business over the Internet, over other networks, or using electronic storage technology. It covers third party losses from hackers, theft, and loss of information including sensitive client or individual personal...