A Short Guide To Daycare Insurance

Posted on April 30, 2021October 7, 2021Categories Risk Management Plan

Providing daycare services can be an extremely rewarding way to make a living. For someone who loves kids, there is no better way to spend your working hours than taking care of little ones. As someone who provides daycare services, your top priority is to keep the kids safe from the unexpected. However, it is also your responsibility to have good day care services insurance coverage to protect your business from things going wrong. What Is Daycare Insurance? Daycare insurance … Continue reading “A Short Guide To Daycare Insurance”

All About Hammer Clauses

Posted on April 26, 2021October 7, 2021Categories Risk Management Plan

When you are purchasing insurance, there are many things that can be written into the agreement between you and the insurer such as a hammer clause. A hammer clause is an insurance contract condition that puts a limit on the amount an insurer has to pay in a lawsuit if the insured individual decides to refuse to approve a settlement offer. What Insurance Policies Have a Hammer Clause? A hammer clause could technically be written into any insurance policy. However, … Continue reading “All About Hammer Clauses”

Differences Between Home and Condo Insurance Policies

Posted on April 5, 2021October 7, 2021Categories Risk Management Plan

Insuring your living space is important, no matter what kind of dwelling you’ve chosen to make your own. There are options out there for renters that cover specifics like flats, townhouses, or even freestanding homes specifically, protecting your belongings and covering your liability in the event of a crisis that damages the property. When you buy a place, the policies change, and depending on whether you bought a home or a condo, the coverage needs will include features of the … Continue reading “Differences Between Home and Condo Insurance Policies”

The Risks of Operating a Valet Service

Posted on March 25, 2021October 7, 2021Categories Risk Management Plan, Risk Policies

While valet parking options give your business a boost in the customer service department, there are liabilities associated with the service that can hurt your company. Many people are willing to pay extra to avoid the stress of finding a parking space or avoiding a long walk in the rain, but to give them these perks, you will pay extra by way of legal claims for accidents, theft or vandalism. You can combat these financial threats through insurance, but you … Continue reading “The Risks of Operating a Valet Service”

Components of a Truck Fleet Risk Management Plan

Posted on January 5, 2021April 5, 2022Categories Risk Management PlanTags , , , ,

Anyone who manages a fleet of trucks must work to prevent a host of potential mishaps from occurring. Besides the health and well-being of both vehicles and drivers, he or she also is responsible for fuel usage, security, and management of any incidents that occur. Here are some key elements of truck fleet risk management plans used by successful administrators. Driver Education Continuing education courses are crucial components of any risk management plan. Besides vehicle-specific operational training, you should consider … Continue reading “Components of a Truck Fleet Risk Management Plan”