Delayed Flight - Only Insurance Can Cover You.

If you are an airline traveler, chances are, you have experienced a delay.

Of course, a delay in airplane travel can mean different things to different people. For some, it is a bothersome inconvenience. Still others incur more than this. Business people can lose deals and related money; holiday travelers can lose days of their adventure, students, miss classes and the individual list of damages goes on according to the person.

If you think you have one iota of a chance of a lawsuit, think again.

Airlines do not legally owe you one cent of compensation for any suffering or loss if your scheduled flight is delayed. This is due to the fact that the airlines do not guarantee flight schedules. Of course, doing this would get them in deep trouble because like all of us, they are not capable of changing wind or hail patterns or averting snow storms, hurricanes or any form of bad weather that can interrupt air travel, departure times, as well as arrival hour. Moreover, mechanical troubles can appear, seemingly out of nowhere.

Liability for the above events is out of the picture when it comes to scheduled flights.

"It's simply out of our control," says everyone in the airline industry, from the executives to the pilots and flight attendants, to the maintenance men and booking agents.

While an airline may go out of its way to provide food and drinks during a flight delay - or even coupons for a discount at the local hotel or motel, it's a rare event that sees them compensating a passenger for a postponed airplane ride, regardless of the passengers' important meeting or lost vacation time.

So, how does a traveler protect him or herself from the losses incurred by a delayed flight?

The answer, my fellow air traveler, is travel insurance that includes travel delay coverage.

Designed to compensate the delayed air passenger for food and shelter costs during a covered layover, this type of insurance protects when the delay is due to:

• Bad weather that prevents accurate departure and arrival time 
• Missing important documents of a passenger, like a passport of visa 
• A sick passenger that needs to be quarantined 
• Skyjacking or hijacking or terrorism 
• Sudden airline employee strikes 
• Natural disasters or catastrophes 
• Civil unrest 
• Travel shutdowns imposed by government officials as a result of a state of emergency or weather conditions.

Travel time is never a guaranteed surety. Nonetheless, acquiring the right type of insurance coverage can protect you from the related losses.

Speak to an experienced independent agency about travel insurance that includes coverage for airline delays.

Share:

Read More

Business Insurance 101: What You Need to Know

So you started your own business. You've seen a hole in the market or come up with a brilliant new idea. You've got things underway and maybe even started to make a bit of money. Well, before you take one step further, it's time to think about insurance for your business. After all, you took a big risk starting your own company and that means you need to mitigate those risks as best you can.

The hardline fact about coverage and businesses is that you need it. Everything you have for your business, from vehicles to basic liability, requires insurance. Without it, you could put everything you've built in jeopardy, open yourself up to crippling financial issues, or even be in violation of the law. But not to worry, here are some basics about coverage of your business that can help you get the protection you need to succeed.

Types of Business Insurance

The first thing you need to understand about coverage and your business is the different types that exist. Depending on your business, you may need specific kinds of insurance. In general, business coverage can be broken down into three broad categories: insurance for owners or partners and key employees, coverage of business earnings and property, and liability insurance. Here is a breakdown of each different kind.

Insurance for Business Owners, Partners and Key Employees

If you own a business, you need specific types of coverage depending on how your business is set up. These can include, but are not limited to:

• Life insurance - This coverage protects your family if something happens to you. If you are the sole proprietor of your business, this insurance is key because business owners are personally liable for all the debts of the business.

• Disability insurance - In the event that you are injured or fall ill, disability insurance will provide you with an income for a specified amount of time.

• Partnership insurance or buy-sell coverage - If you have a partner in your business, this insurance will help you purchase your partner's shares and continue running the business in the event of their death.

• Critical illness insurance - If you become critically ill, this coverage will give you a lump sum of money to help you through the situation.

• Key person insurance - This coverage protects you in the event of the death or loss of those employees who are most important to your business.

Insurance for Business and Property Earnings

On top of coverage that protects individuals, your business may also require the following types of insurance to protect its assets and earnings. Bear in mind that businesses run out of your home may require coverage beyond your home insurance. It is always a good idea to contact your coverage company to discuss running a business out of your home.

• Property insurance - This coverage covers any buildings or property owned by your business if it suffers damage or destruction from fire, earthquakes, avalanches and other such disasters.

• Contents insurance - If you have a property or building that stores things for your business, such as a warehouse or storefront, this policy covers the loss of those contents. Note that even if you are leasing space, you may still require contents insurance as your lease will likely make you responsible for what you put inside the leased space. Home business owners will need to contact their insurance companies to discuss what needs to be included in their home policy.

• Business interruption insurance - When disaster strikes, this policy will cover you for the time that your business cannot run at its proper efficiency.

• Vehicle insurance - If your company owns vehicles, you are legally required to have coverage. If you use your personal vehicle for your business, make sure that you contact your insurance company.

Liability Insurance

Liability covers you in the event of a mistake or accident for which you can be held responsible. There are three kinds to consider when you own a business: personal liability, product liability, and professional. These cover you from personal responsibility, something going wrong with your products, and from lawsuits filed by your clients, respectively.

Starting your own business is a big risk, but that doesn't mean you should take unnecessary chances. If you own a business, you need the right coverage. Be sure to shop around and find the insurance package that's right for your business. If you have any additional questions, we can help you make sense of your policies to ensure you have the right kinds of coverage from the right kinds of insurance companies.



Article Source: http://EzineArticles.com/9853792

Share:

Read More

Your Health, Your Insurance Coverage.

It was not that long ago when the water crisis in Flint, Michigan took place and residents worried about the lead content. For years, home and property owners and managers, as well as mortgage companies have known about lead risks.

Recent studies about the metal exposure in many parts of the country have raised significant questions.

What is lead poisoning?

This form of toxic poisoning can happen when a perilous level of lead enters the body. Incidentally, small amounts of lead are not good for you, either, and can cause serious health concerns, particular in kids under six years of age.

Where does lead come from?

Lead problems typically originate from lead-based paint and lead-contaminated dust. Older houses and buildings are problematic in regard to this. Lead can also be found in polluted air and water and soil. Those working with batteries, apartment or office building renovation may also be at risk, as are auto repair people.

How does one this form of poisoning?

All it may take to reduce low levels of lead poisoning is avoiding spots where lead is contained. Patients who suffer from a high level of lead poisoning may need to undergo a treatment called chelation. Family physicians are the best source of guidance in this matter. Of course, avoiding contact with lead sources is the best antidote in the first place.

How does one prevent lead poisoning?

Here are several everyday tips that help residents prevent exposure to lead poisoning.

• After turning on the cold water, let it run for a minute or so before using.
• Wash hands before eating, bed time, and after playing outside
• Sanitize toys regularly.
• Mop all floors on a regular basis. Wipe furnishings and clean surfaces with a damp cloth to maintain a dust-free atmosphere
• Train family members to remove shoes prior to coming inside
• Plant grass over soil patches.
• Plant grass over bare outdoor soil patches, covering sand boxes after playtime
• Eat wholesome meals three times a day.
• Avoid toys, remedies, cosmetics and hair dyes that may contain lead.

What about Property Insurance? Does it Cover Lead Poisoning?

This type of metal poisoning is a controversial topic for most insurance companies - especially when it comes to older homes, buildings and property. Generally, home and property owners must hire a special inspector to confirm that lead is not a known problem before a provider will sell related coverage.

More information about lead poisoning as it relates to property insurance can be learned from an independent insurance agency that is experienced in all areas of real estate.

Share:

Read More

Renter's Insurance - Should You Get It or Not?

Everyone is a renter at some point in life. Some start early, while others start late. Approximately 111 million (111,000,000) Americans rented in 2016. Of this number about 9 million were people under the age of 30, while 27 million were people between the ages of 30 to 65. Even among elderly people, about 6 million people over the age of 65 were renters.

What is renter's insurance?

A renter's insurance policy bundle covers three categories, as follows:

Personal Property Insurance - This policy protects you from any personal property losses due to theft, fire or other unfortunate incidents. The fact is a lot of people do not realize how much "stuff" they have in an apartment until it's too late. Look around space that you are renting and think of how much it will cost to replace all those things, from your laptop, phones, tv, gaming equipment, Xbox, DVD collection, artwork, furniture, clothes and jewelry. If you're property is stolen or damaged, your landlord's insurance does not extend to you. You are responsible for your property and that's why you need personal property insurance. It should be noted that not all types of property are fully covered so make sure you understand that is covered and what is not. Some collections are not fully covered.

Think what is you have is not worth much? Consider that the estimated cost of replacing a television is about $500. The estimated cost of replacing a bed is about $1000. What about your clothes?

Liability Insurance - This policy protects you from financial damages that are due to someone injuring themselves, while in your apartment. For example, a person visiting you may need medical care after slipping in the shower at your apartment or tripping and falling. The financial burden of the medical bills could be leveraged against you. With liability insurance, your insurer is obligated to assist you in defending against a potential lawsuit.

Additional Living Expenses Insurance - This policy covers some of your expenses, in case your unit is damaged or something happens and you need a temporary housing, while your unit is not available Expenses may include meals and hotel costs.

How much does renter's insurance cost?

Policies can run as low as $10 to $25 per month, depending on how big of a unit you are renting and how much you own. Renter's insurance is truly affordable for everyone and worth it.


InsQuoteUSA offers free insurance quotes for renters and homeowners.



Article Source: http://EzineArticles.com/9807342

Share:

Read More