Do you operate a nonprofit or charity that makes use of volunteers? If so, you should know that volunteers are not typically covered under the insurance policies which protect your salaried employees. Without an insurance plan for your volunteers, your organization may be responsible for the costs associated with any illnesses or injuries that occur while they are volunteering. You will also be responsible for covering any public liability claims they incur. Below are the three types of policies you need.
Volunteer Injury or Illness
Coverages for volunteers should pay for the medical expenses associated with illnesses or injuries sustained during an authorized volunteer activity. Moreover, if your organization’s workers’ compensation insurance does not extend to volunteers, it would be wise to make sure that your volunteer policy offers this protection.
In addition to protecting your volunteers, your organization needs a public liability policy to cover any injury or property damage claims caused by your volunteers.
Directors and Officers
Finally, if the board of directors of your non-profit or charity consists of volunteers, they need the specific coverage offered by a D&O policy. This will protect them from any claims of wrongful acts or mismanagement.
Your volunteers work hard for you. They can save your organization money, lighten the workload of your paid staff, and act as a valuable conduit to the community which your charity or non-profit serves. You owe it to them to make sure that they and your organization are protected by policies designed specifically for the risks they face.
If you’re a supermarket industry veteran or executive, you probably already know a thing or two about a supermarket insurance program. If you’re new to the industry or the executive world, however, here’s a quick primer on this type of program.
The types of coverage include, but are not limited to, the following:
Business auto (hired and non-owned)
Property and liability
Druggist and liquor liability may also be available to supermarkets and grocery stores that sell pharmaceuticals and beer and wine.
Risk Management and Accident Prevention Services
Many supermarket insurance program providers not only specialize in coverage for accidents and losses but also offer risk management services and accident prevention measures. According to Smithtown, New York-based insurance industry leader Irving Weber Associates, Inc., these additional services help clients to increase the safety of their retail spaces and reduce insurance claims.
If you seek a supermarket insurance program, contact a licensed provider in your area. Most providers will work with you to create a coverage program that fits your operation’s unique needs and risk profile.
Anyone who attends a public outdoor event depends on your services to have a convenient place to use the restroom. While the portable toilets you provide are valued by your customers, they also come with their own share of risks. No matter what situation you find yourself in, having the right insurance can help you be prepared for it.
General Liability Insurance
This is the most basic form of insurance that all businesses need. Within the sanitation industry, it can help to protect you from liability for various accidents that may occur on-site, such as an injury that someone sustained when using your portable toilet. You can also customize general liability insurance so that it suits your specific needs.
When you provide portable sanitation services, you know that you have to contend with the possibility of vandalism. Fortunately, many portable sanitation insurance packages include vandalism insurance to address these concerns. The costs associated with vandalism can be high, but the right coverage can save you from paying the price.
Commercial Property Insurance
As seen on www.tangramins.com/, this form of insurance protects the property on which your portable toilets are located. If any of the following situations take place, commercial property insurance can cover the relevant costs:
Theft and vandalism
Your portable toilets need to be protected under any circumstances for your business to thrive, and a reliable insurance policy can help.
No matter how safe your building is or how careful you are as a business owner, accidents sometimes occur. If people get hurt, you may be liable for their injuries. That’s where your liability coverage comes in. If you have a Paramus commercial liability insurance policy, what can you expect it to cover?
Injuries on Property: If a visitor to your building is injured on your property, he or she may sue you for damages.
Your commercial liability policy can cover the expenses associated with the legal resolutions process:
Legal defense fees
Damages awarded by the court
Plaintiff’s legal fees that are part of the settlement
Injuries From Product Use: When your product is put on shelves, there is an understanding that, when they use it as directed, the buyers will come to no harm. If your product causes injury or damages their property, they may need to be compensated for these damages. You need the appropriate Paramus commercial liability insurance to protect you from having to pay these expenses out of pocket.
There are many situations where solid liability coverage can come in handy. When you are responsible for a business, you can’t afford to leave yourself vulnerable. Discuss your commercial liability needs with your insurance agent to make sure you have all the coverage you need.
The more global our economy becomes, the more cargo ships transfer goods across seas. Unfortunately, accidents happen. Having marine insurance with New York Marine & General Insurance Company covers the legal liabilities of the company transporting goods. But how do you know if you need to have a marine insurance policy and what does it cover?
When goods are shipped by sea, the insurance offers coverage from the beginning of the shipping process until the destination arrival. Items stored in port warehouses are often covered. Personal and commercial cargo can be separate coverage options depending on the policy.
Accidents and losses happen. When they do, a claim usually arises, since someone needs to pay the bill. Typical claims covered by marine insurance include grounded ships, total loss, loss of cargo, hull damage, revenue loss and pirate attacks. The insurance steps in for negligence, weather and accidents.
Businesses who transport goods for their company or others should look into a marine insurance policy. Fishing, marine contracting, goods export/import companies and marine service supply companies also benefit. Private owners of seagoing vessels such as yachts may also need marine insurance.
If you’re unsure if you need marine insurance with New York Marine& General Insurance Company, ask your agent if you are at risk. Marine insurance is for both commercial and personal purposes.
Manufacturing companies provide products for a lot of industries across the US and many corporations rely on getting their precious merchandise on time for an awaiting market. If you begin experiencing delays you may face the possibility of losing crucial business from major firms you do dealings with. You need to consider the impact that having a work stoppage due to an equipment breakdown issue could cause for you and your business.
When your operations become interrupted due to a mechanical issue how will you be able to deliver your orders? Without backup equipment in place and at the ready you may need to find alternate ways to fill orders, either optional facilities or the rental of equipment. This naturally will increase your costs adding even more concern, and that’s where having manufacturers insurance comes into play.
Customers likely will not wait because they have deadlines to meet as well, so there’s a real likelihood that orders may be cancelled and you’ll also suffer a loss of revenue, along with possible damage to your reputation. Having coverage for equipment breakdown is the solution to this issue.
Many types of mechanical issues can occur
Aside from equipment used in manufacturing there is probably additional equipment that keeps your business up and running. Air conditioning for hot summer months, and boiler and pressure vessels are commonly used for heat and hot water. Cookers, sterilizers and some cleaning equipment are other common types of pressure vessels.
Boiler and pressure vessel accidents can be the result of defective welding, scale or sediment build-up, or simply the failure of control or safety devices. Persons in close proximity could experience a serious injury in the event of a major malfunction adding additional concerns.
Another common exposure for many manufacturers is electrical systems, which can further add to delays. Transformers, panels and cables, many of which are interconnected cause additional risk since excessive voltage issues in any one of these components can lead to significant damage to the entire system.
If your company has the distinct possibility of an equipment failure issue you should get the protection you need by having manufacturers insurance that includes equipment breakdown coverage to keep you up and running.
Warehouses have a slew of liability issues stemming from the equipment in use and the heavy merchandise often stored on the premises. This requires owners to carry warehouse insurance in Orlando, and in particular legal liability insurance as coverage for their warehouse storage operations. This policy helps cover a business as a “bailee” and that means they’re covered as a business entrusted with the property of others for any direct physical loss (or any damage of property) that happens during storage, docking, packaging, labeling or any other services provided by the company acting as a bailee.
Warehouse owners and managers have the arduous task of keeping the merchandise moving. The last thing they want slowing them down are concerns about whether they have the right insurance. An agent familiar with this industry understands that products can be at your location or on a truck and that inventory values change seasonally. This is why you need flexible limits and reasonable rates. Industry experts created warehouse insurance in Orlando that can provide protection specifically tailored to your needs, with the added goal of helping you to avoid costly claims.
Warehouse owners have a daunting task
The warehouse industry is integral to the logistics and distribution chain here in the US. A warehouse owner can unfortunately be held responsible for many different operations as a direct result of the services they provide, all of which come with many different exposures to loss due to a number of inherent risks associated with this type of work.
Everything from arranging the transportation of goods from one point to another, the storing of merchandise, managing inventory, and even the task of packaging products, comes with its own concerns. As an owner you must be fully aware that along the way anything can and may possibly go wrong.
In addition to concerns regarding merchandise being stored in your facility you also need to protect your building which is another important goal for any warehouse owner. After all your building, along with the items stored in it, is your business. The precise type and amount of coverage you may need depends on the type of structure you own, the kind of items you store inside and the way you handle those items. You may have a sprinkler system for fire safety, but you’re still going to need warehouse insurance in Orlando to protect you, not only from fire damage, but theft and other possible catastrophes as well.
People will always value insurance to provide comfort and help aid them when it is needed most. Most often they will purchase their insurance from a particular agency because of past experience or a trusted referral. Many times it’s determined by how products and services are presented to them. People like to know what they’re buying, what positive impact it will have on them, and the ease with which they’ll be able to file claims and get fast results.
Most insurance agents spend a good amount of their time vying for new business. Now that most people shop online, it’s important for agencies to have well designed Insurance Websites. No matter the type of insurance being sold, consumers use the Internet, not only to find insurance, but to compare policies and pricing as well. Therefore websites must be easy to navigate. Without this, it can be difficult to position your company to achieve a high level of success.
It’s recommended that you hire a professional
When building a website, think conversions. Any agent wants to have people come to their website and either submit their contact information, or make contact via phone. This tells them that the site is generating interest, and that helps put the agency in a position to make a sale. That’s why there are designers and developers, all of who are quite capable of making well-designed websites. Take the time to study other sites to see what looks like a well-structured site that’s easy to navigate.
It’s important to make it consumer friendly
Whenever someone is a visitor to a new website and they can’t find contact information easily, most likely the website will be a failure. You really must make this as simple a process as possible. To ensure that contact information is easily accessible, include an email address and phone number on the home page, and the header or a sidebar is a great location for this information.
You are likely not the only game in town, so you should do something unique that will set you apart from the competition. This will definitely give consumers added confidence in the products you’re presenting. Insurance Websites don’t have to be complex they just have to be well organized and planned out.
You are the owner and operator of a small business here in the Sunshine State. During your daily business routines you’ll likely interact with employees, contractors, clients, vendors, and others that serve your interests or purchase your products or services. If anyone one of them has a bad experience they could claim that your company was responsible for any injury or loss they may incur and take up some type of legal action against you. Whether this requires a defense against claims of property damage, bodily injury, libel, slander, or some other legal issue, a florida commercial general liability insurance policy can provide you with the coverage you need.
What is commercial liability insurance?
In the simplest terms, commercial general liability (CGL) insurance protects small business owners from a wide range of claims related to their business activities. The indemnity provided by a liability policy helps business owners cover the costs associated with mounting a legal defense as well as any settlement costs. In addition, many small business owners find that clients will require them to have this policy before they will sign a contract. They want the peace of mind associated with knowing that they’ll be protected if and when something does goes wrong.
Having the right coverage amounts in place can make a significant difference in your ability to negotiate with new clients and bring in additional revenue. A CGL insurance policy also helps protect a business by providing the financial resources necessary to keep it operational when unexpected events (such as an injury leading to a lawsuit) cause a possible financial strain on the business.
A CGL covers property damage as well
The fact remains that many companies become involved in a lawsuit at one time or another and even with everyone practicing safety and being alert as well as careful to take all the necessary precautions, it’s still possible that something bad could happen. It’s even worse when it results in damage to another person’s property. In any case, a florida commercial general liability insurance policy must be in place to compensate for any resulting physical damage to any person’s property.
Contractors operating in the Garden State know that new construction of office buildings, high-rises, local shopping centers and sprawling resorts within this industry must be supported by a residential construction insurance policy in New Jersey. Banks and other lenders would never take the risk of making loans for a construction project without insurance in place to protect their own interest. After all, there are general contractors along with a wide range of artisans, from landscapers and carpenters to electricians, plumbers, masons, all working on projects in order to get them completed on time and adhering to their client’s budget. This equates to a lot of possibilities that something may go wrong.
A builder’s risk policy helps to protect your interests
As a contractor, you also have a lot at stake, including your equipment, tools and any materials used in the undertaking of a construction project. There are so many risks involved in working a job site, many of which are often hazardous. Your exposures can obviously vary from one construction project to the next, and throughout each process as well. Having a builders risk policy helps to alleviate these types of concerns.
There are decisions and choices that you’ll need to make as to which available coverage options might best suit your needs, many of which need to be made before construction (or a loan) is approved. The construction lenders, as well as the developer and builder, need to do a lot of due diligence regarding all of the builders risk policies terms and conditions.
There is always the looming concern that you may experience costly construction delays, or possible increases in cost due to a covered loss under the builder’s risk policy. An example of this would be a delay in opening, which may turn out to be substantial to the client, but coverage must be added to a builders risk form in order to be covered.
Any questions or concerns that you have about some of the unwritten limitations in an all risk policy should be discussed with your broker. Speak to a qualified agent who can address your questions and concerns about Clifton construction insurance.