Renovating Your Property? Why it’s Vital to Inform Your Insurers.
Extending a home, either upwards, downwards or outwards, has become the preferred choice for many seeking out that additional room to accommodate a growing family and, whilst making the addition, lots of people opt to upgrade the rest of the home too. Extensions and refurbishments can also add significantly to the value of a home, offering even further benefits. However, before you get started, there is something extremely important you need to consider: insurance.
A Cost-Effective Way to Protect Your Business Against Cyber Attacks
Cyber security breaches can have a serious knock-on effect. Viruses or hacking can bring customer transactions to a standstill; critical data can be lost, corrupted or damaged; intellectual property can be compromised. Revenue and profits are likely to suffer as a result. There could be follow-on liabilities such as notification costs, fines for data loss, legal expenses, awards and damages to pay out. Thankfully, purpose-designed insurance products are now becoming available in response to a very real need.
Business Interruption Insurance: Are you Prepared for the Unexpected?
If one thing’s for certain, it’s that you can never be sure what the future will hold. That’s a fact of life and it is as true in business as in any other walk of life. Unexpected events can arise at any time and, if you run a business, then you’ll be aware that even the slightest interruption can start costing you in lost income and profits before you know it. That’s precisely why business interruption insurance is vital. It provides cover for loss of income during such times as you cannot trade as usual, due to some unexpected insured event.
Costly Claims Could Sink a Business: Here’s a Solution
Disputes are, unfortunately, a common part of today’s business landscape. In fact, any business that hasn’t found itself involved in some sort of legal wrangle can probably count itself lucky. Legal costs and professional fees to defend any claims made against your business or to pursue a disagreement over a contract, for example, mount up very quickly and can run into significant sums: sums that can often have a shattering effect. Have you thought about how you would cope if the prospect of such expenses suddenly became a reality for your business? In this post we discuss some of the most common disputes that arise in business, and offer a solution to cover the costs attached to defending any action you might face.
Running a Business from Home? Check You’re Insured.
Recent research has revealed that one in six Britons runs an online retail business from home, with 75 per cent using their domestic dwelling to store their stock. Unfortunately, research also reveals that arranging insurance doesn’t rank too highly on a home-run business owner’s to-do list, with many assuming their home contents insurance will cover their stock or equipment. But it’s an assumption that could cost them dear, because failing to tell a home insurer that you run a business from home could invalidate a claim.