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Showing posts from March, 2022

What Is Errors and Omissions Insurance?

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Is e & o insurance a term new to you? Then you have landed at the right place. Read on to know more about the e & o insurance and other matters related to it. What Is Errors and Omissions Insurance? Errors and omissions insurance is also known as E&O insurance and  professional liability insurance . This insurance is meant to protect you from lawsuits claiming you made a mistake in your professional services. This insurance also helps you cover your court costs or settlements, which can be very expensive for your business to pay on its own. What Does E&O Insurance Cover? Errors and omissions insurance can protect your business from claims of : Negligence Errors in services given Omissions Misrepresentation Violation of good faith and fair dealing Inaccurate advice If someone sues your business claiming that you made a mistake in the professional services you’ve provided, this insurance can help cover your: Attorney fees Court costs such as reserving a courtroom...

How to Buy A Life Insurance Policy?

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Life insurance is one of the essential parts of financial planning. You need to research to find the best one that suits all your needs. For lack of proper research, you can end up paying expensive premiums with less coverage. Read these simple tips to make your online life insurance purchasing efficient and easy.   What type of life insurance should you buy?   You can find two types of life insurance in Canada , term and permanent. The term insurance gives coverage to the policyholder for a pre-defined period of time, usually between 10-30 years.   The premium is low and you are allowed to renew the policy at the end of term but within age limitations. On the other hand, permanent life insurance lasts for your entire life. You have to pay a comparatively high premium for this insurance, but you get tax benefits and a cash value component which grows over time. Ask for a quote to find the premium cost   Now, talk to one of the representatives of the company...