Most people research major purchases such as houses, cars or electronics to assure they receive the best value for their money. It’s equally important to know what you’re getting when you buy insurance to protect your family and financial well-being.
Insurance premiums are tied closely to costs of labor, building materials and medical care. As these prices rise, the costs to treat injuries after an auto accident or to repair or replace your home, car and belongings also increase.
Operating a business requires you to manage risks to preserve assets and prevent losses. You’ve ensured that you have appropriate commercial liability insurance and perhaps directors and officers coverage or employment practices protections. Nevertheless, the biggest risk to your business could be the loss of you or other company leaders.
The post Life insurance part of a business’s risk management appeared first on The Cincinnati Insurance Companies blog.
Construction projects that shut down production in the short term deserve careful consideration when it’s time to restart operations. Contractors must recognize the need to create a plan for resuming work after restrictions imposed during the pandemic are lifted.
It’s an all-too-common occurrence: A family loses a loved one unexpectedly and is forced to appeal for help to cover expenses. Many of us have seen the memorials on social media, the crowdfunding websites or the donation bins at a local store for a family dealing with an unexpected loss. In many cases, the family must reveal personal details – forfeiting privacy – just to get the help they need.