What is Mid to High Net Worth Home Insurance?
As a high net worth individual, you will require the appropriate level of insurance to cover your belongings.
As a rule of thumb, contents insurance cover of over £100,000 and buildings insurance of over £500,000 falls into the high net worth category.
Director’s and Officer’s Liability
Company directors, partners, officers, and managers are likely to have significant responsibilities including the way they conduct themselves and the trust placed in them. Actual and alleged breaches of duty, neglect, misstatements, errors and omissions may result in claims against them.
We Outsource Our IT/Have an IT Department. Why do I Need Cyber Insurance?
We have spoken to many businesses and business owners about the benefits of Cyber Insurance, here are some of the most common misconceptions relating to this kind of insurance and the reasons why Cyber Insurance is a very important way to safeguard not only your online security but also your business as a whole:
The difference between Bona Fide and Labour Only sub-contractors and the impact on your insurance
When working with sub-contractors, it is very important to know the difference between Bona Fide and Labour only sub-contractors. Failing to differentiate between the two correctly could result in costly fines, penalties and in some cases compensation claims.
Cyber Security and the risks associated with using smartphones
We all know the ongoing risk that cybercrime is in our lives. With so many people tying their entire lives to their smartphones, that risk continues to go up as all your important information is linked together on one small device that fits in your pocket. There are many simple steps that you can take to prevent cyberattacks.
Insurance Rate Increases – how the market has changed in the last 24 months
As far back as 2003, the property and construction insurance market has had many more potential sellers than buyers, meaning lower prices and more choice for customers.
Exiting Lockdown – Is your business prepared?
The global COVID-19 pandemic has had a dramatic impact on many industries. Though some businesses have managed to keep operating throughout the pandemic, many have been forced to close their doors for the duration.
Now, with quarantine restrictions relaxing and many businesses being in a position to begin to reopen, there are many considerations and precautions to be weighed up.
COVID-19 How Your Insurance is Affected
Following the announcement on Monday evening (23rd March 2020) by the government that all non-essential retail businesses with premises should close their physical doors, we believe we should draw your attention to the Unoccupied clause that will be in all Commercial Insurance policies covering operating premises.
Flood Cover – are you protected?
With flood warnings currently being issued in Kent, a lot more insurance customers are wondering about their flood cover.
Personal Guarantee Insurance
Losing your business because of cashflow problems is traumatic. Losing your home as a result of personal guarantees being called in by the bank or finance company can be even worse, wrecking lives and relationships.