Insurance Design & Placement, Inc. Blog
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Saturday, March 19, 2022Most employers see wellness programs as part of a competitive benefits package meant to recruit or keep talented employees. Some may also expect to see return on investment through decreases in sick days in employees. READ MORE >>
Wednesday, February 23, 2022Often in life what is old will become new. As insurtech became a buzz word in the last decade we saw many old concepts become energized through new technology. Peer to peer insurance or P2P Insurance takes an old insurance concept and makes it new by using technology to collect and analyze data and communicate policyholder coverage. READ MORE >>
Tuesday, June 29, 2021Progressive has a quick and easy breakdown to help you answer whether or not you need business auto insurance instead of personal auto insurance.CLICK HERE READ MORE >>
Monday, June 21, 2021When you purchase workers compensation insurance you may notice that there are limits on the policy referred to as employer’s liability limits. While workers compensation was created to alleviate the amount of litigation between employee and employee by providing quasi-automatic cover... READ MORE >>
Monday, June 14, 2021Generically, a certificate of insurance is a form populated by your insurance carrier or insurance agent. The certificate identifies what insurance you have; specifically, the dates, basic coverage limits, and insurance carrier for your policy. READ MORE >>
Monday, June 7, 2021Either in policy language or by endorsement of your policy, you can extend coverage to third parties. This is necessary where both parties may either share the responsibility/fault for a claim or where it may appear that they both share the responsibility/fault for the claim. READ MORE >>
Monday, May 31, 2021Unfortunately, the likes of Honey and Rakuten don’t work when trying to decrease the cost of business insurance. Unfortunately for small business with premiums of $10,000 or less, they are normally sold a cookie cutter policy that doesn’t allow for much individual underwriting. READ MORE >>
Monday, May 24, 2021The answer to this question will differ for each business owner. But here are the 3 reasons why most businesses end up purchasing insurance in their first year of operation. 1. A Key Entity Requires It- Many landlords will require proof of liability insurance. READ MORE >>
Wednesday, May 19, 2021General liability policies normally exclude personal injury (like emotional distress) that an insured "had knowledge that the act would violate the rights of another” and/or would inflict the injury. In addition, the policies generally exclude bodily injury "expected or intended from the standpoint of the insured. READ MORE >>
Wednesday, May 12, 2021Cyber liability isn’t covered in most general liability policies because the description of claims in a general liability policy normally does not describe the damage that occurs from cyber liability. In most general liability policies state “We will pay those sums that the insu... READ MORE >>
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