Insurance

What does CR mean in insurance? 1. 1. A combined ratio (CR) is the measure of underwriting profitability in insurance, calculated using the sum of incurred losses and expenses divided by earned premiums. Insurers can have an underwriting loss (a CR of more than 100 percent) but still be profitable because of investment income levels. … Read more

Why is horse insurance so expensive? 1. Why has horse and pony insurance become so much more expensive? “”Insurance premiums reflect the risk. An insurer cannot pay for claims if they have not received enough premium to cover the payments,”” explains Nicolina MacKenzie of South Essex Insurance Brokers (SEIB). Read more on www.horseandhound.co.uk Many people … Read more

Do construction companies need Professional Indemnity insurance? Construction industry professionals need liability and professional indemnity insurance to cover for business risks such as incorrect advice, legal claims against you for the provision of project management and failure to perform essential builder and building materials related checks. Read more on smartbusinessinsurance.com.au Construction firms frequently take part … Read more

What are the 3 components to liability insurance? Liability. Most auto insurance policies contain three major parts: liability insurance for bodily injury, liability insurance for property damage and uninsured/under-insured motorists coverage. Read more on www.insureuonline.org Liability insurance is a crucial sort of protection against legal claims and litigation for both individuals and organizations. For people … Read more

Can you get business insurance on a motorbike? To use a motorbike for courier or delivery work, you’ll need ‘Class 3’ business bike insurance. Many insurers will include occupations such as door-to-door sales in this category, even if you’re not actually carrying the goods you’re selling. Read more on www.gocompare.com If you own a business … Read more

Working with dogs can at times be unpredictable and even dangerous as a dog trainer. This makes having insurance coverage crucial in order to safeguard your clients, your company, and yourself. The several types of insurance you require as a dog trainer and their advantages will be covered in this post. Any dog trainer must, … Read more

What insurance do you need to have a salon? The main types of insurance that a beauty salon needs are property insurance and liability insurance. However, there are other types of insurance available to protect beauty salons from risks. Read more on www.salonsaver.co.uk Owning a salon can be a successful venture, but it also has … Read more

Can you get income protection if you are self-employed? Can you get income protection if you are self-employed? If you work for yourself, you can apply for income protection. This covers you if you become ill or are unable to work due to an injury. You could receive a payout between 50% and 60% of … Read more

What insurance does a mobile DJ need? Public Liability If you’re a DJ who performs live, you need Public Liability. This cover is so important that most venues won’t even let you play live on their premises unless you can produce a valid Public Liability insurance certificate. Read more on www.insure4music.co.uk You are in charge … Read more

What do I need to know about fire insurance? Fire insurance is property insurance that provides additional coverage for loss or damage to a structure damaged or destroyed in a fire. Fire insurance may be capped at a rate that is less than the cost of the losses accrued, necessitating a separate fire insurance policy. … Read more