Workers are at risk of injury in just about every industry; providing a safe and secure work atmosphere is an important responsibility of an employer. Also, he or she has to compensate in case of any mishap as it is a legal liability under Workmen’s compensation act, 1923. A workmen’s compensation insurance policy thus helps …
Have any questions related to as to how the premium of Workmen’s Compensation policy is calculated? Contact Us
Workmen’s compensation (WC) insurance protects the employer against liability to compensate the employee in case of work-related injury, under Workmen’s compensation act, 1923. For this coverage, there is a certain amount which employer pays called premium. Here is a list of factors taken into account while calculating the WC premium:
Understand the key terms involved in the policy is important for a successful claims process. Here are the top 10 things to know about a fire insurance claim.Fire damages can have a devastating impact. When such an event occurs, fire insurance can be a great saviour. Having an adequate fire insurance policy can protect you …
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Commercial general liability insurance is the most widespread form of liability insurance for business. Through this article, you will understand the coverage offered in this type of insurance. In today’s legal and economic environment, a small accident and negligence in business operation can result in a large lawsuit. Expensive liability claims can have a potentially …
What is Covered Under a Standard Commercial General Liability Insurance? Read More »
Commercial general liability insurance with extensive coverage can provide encompassing protection for your business.Commercial general liability insurance policy is an insurance product for any business, specifically designed to cover third-party liabilities arising from various operations of the business. Bodily injury, property damage, medical expenses, personal and advertising injury are primarily covered under standard CGL insurance …
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An extensive commercial general liability insurance is a vital risk management tool for any construction business. Know the specifics of this policy concerning the construction company.The construction business is considered to be one of the high-risk business, as it needs heavy equipment and machines on a large-scale for day-to-day operation. Usage of them makes the …
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Commercial general liability insurance is a vital aspect of any company’s business plan. Know more about the significance of this plan in running a successful business.With the increased awareness of legal rights, lawsuits may come in your way of business anytime. Long-running and complex lawsuits can devastate your business completely. Keeping in mind the unpredictable …
What is the Importance of a Commercial General Liability Insurance? Read More »
Understand the claim process can help you settle the claim faster and smoother for commercial general liability policy to avoid any hassles. Accidents are unexpected and can happen anytime. If such mishaps take place in the business causing physical injury and property damage to the third party, you may have to pay huge compensation if your …
What is the Process of Claim for Commercial General Liability Insurance Policy? Read More »
Know your fire insurance policy limitations for enhanced protection and better coverage. Ramesh owns a home furnishing shop in Bangalore. Keeping in mind the uncertainty, Ramesh had bought a standard fire insurance policy to protect his business property and its content. One night burglars broke into the office and stole the cash and some home furnishing …
Well-placed directors’ and officers’ insurance policy is a prudent risk mitigation practice for any business.Directors’ and officers’ liability insurance primarily protect directors and officers of the company from potentially devastating personal liability for costly regulatory investigations, civil claims or criminal prosecutions. D & O insurance policy can be structured in many ways depending on the …
True Reasons for Rising Interest in Directors and Officers’ Liability Insurance Policy Read More »
Find out how technology can facilitate the Workmen’s compensation policy for both the employers and the employees involved in Workmen’s compensation act.Workmen’s compensation policy (WC policy) is available for any company, liable under the Workmen’s Compensation Act, 1923. It covers the employers against the liability by providing financial cover against workplace-related injuries or accidents of workers or …
