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Showing posts from September, 2020

Small Business Insurance

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A business owner needs to be prepared in the event of a disaster. When accidents, injuries, negligence, theft, or other losses occur in a professional situation, the business and its owners can after be held liable for these losses. What does it mean to be liable? Liability is a legal responsibility to settle financial debts or obligations to those affected by a loss, typically in the form of a lawsuit, which can total amount greater than the business is able to afford. Business insurance exists to help pay for these liabilities. Business insurance does not prevent disasters from happening; rather, it is a proactive solution that protects you from liabilities once a disaster has occurred. insurance prevents the cost of business mistakes from leading to complete financial ruin. This blog will cover the primary types of business insurance to help you protect your assets and your business, as well as list some of the more specialized policies available. We will also share some agent reso

Risk and the Importance of Insurance

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 In the beginning there was risk and the risk consumed progress.Cities were built but then destroyed lives were created but taken away. Investment were made but with no guarantee. Risk was everywhere and at a moment's notice it had the potential to destroy a lifetime of every. Progress was therefore hard and very very slow because with risk undeterred opportunities were deferred risks were feared and rewards were limited and fragile the darkness of risk consumed progress throughout the world but then the darkness began to part as people develop new ideas to hedge risk to limit loss by baby lonian times this concept had become part of the merchant code protecting shipment at see against loss in 1347 this code became a contract in Genoa Italy as the first known insurance policy was written the contract of insurance advanced greatly during the period of enlightement by the 17th century London had become the centre of the insurance world out of necessity.   The great fire of London in