Principal of: Utmost Good Faith Principle of Uberrimae fidei (a Latin phrase), or in simple english words, the Principle of Utmost Good Faith, is a very basic and first primary principle of insurance. According to this principle, the insurance contract must be signed by both parties (i.e insurer and insured) in an absolute good faith… Continue reading 7 Principals of Insurance
An aesthetician is a person with special training in administering facials, aromatherapy, hair and skin care, makeup, and other fields. This person is knowledgeable about the nature and appreciation of beauty, especially in art and is sometimes called an aesthetician. Salon owners go beyond creating beauty. They also manage finances, keep current with… Continue reading Esthetician Insurance
1. Frame (Class 1) In Frame Construction, the building’s exterior walls, floor, and roof are made of wood (or various composition boards). Frame construction also includes buildings with a wood floor and roof but with exterior walls of non-combustible or slow-burning construction such as vinyl, metal cladding or masonry veneer (that is, layers of brick,… Continue reading Construction Classifications
A business owner’s policy most commonly known as a BOP in the insurance world is essential. It helps protect your business from a huge list of losses. Insurers consider a number of factors when deciding to write BOPs, including: the type of business, the size of the premises, the required limits of liability, and the… Continue reading Writing a Business Policy
Let it snow…. & melt quickly after? Then snow some more. Snow can be lots of fun. You can build snowmen, catch snowflakes, and make snow angels. While many people love snow, it can be dangerous as well. There are many safe measures that can be taken to avoid, reduce, or transfer your risks. To… Continue reading Snow, oh snow.