Cyber vs Crime Insurance: Do You Know the Difference?

Cyber vs Crime Insurance: Do You Know the Difference?

In the last several years, cyber insurance has grown in importance in terms of commercial insurance coverage. Crime and cyber-crime attacks are becoming more and more common. Hence, knowing the difference between coverages is imperative. No matter your industry, protecting your business has to come first. What Does Crime Insurance Cover? Crime insurance coverage covers the loss of funds due to employee dishonesty, forgery, computer fraud, extortion and many other criminal acts. For instance, if an unknown party impersonates a…

Read More Read More

Questions to Ask Your Broker

Questions to Ask Your Broker

When you are meeting with an insurance agent, like the ones employed by the Midwest Insurance Group, you should be proactive in addressing your insurance concerns. Here are four questions you should ask your potential broker. What are my best long-term coverage options? If your family is growing or changing, you will want to look at the best plan for long-term coverage. This might mean life insurance in addition to your homeowner’s policy. Do I need additional insurance if I…

Read More Read More

Protecting Your Yacht With Insurance

Protecting Your Yacht With Insurance

Sailing the open seas in style and comfort onboard a yacht is a thrill many people dream of. However, keeping your watercraft safe in the event of any accidents or damages is key to owning a ship. That’s where California yacht insurance comes in. Coverage for Everything Yacht Related One size does not fit all with insurance coverage for yachts. That’s because each boat can be equipped with different features that require more or less coverage than others. Even the…

Read More Read More

How To Find The Best Auto Insurance for Work and Personal Use

How To Find The Best Auto Insurance for Work and Personal Use

With all the various plans available today, it is quite apparent that when it comes to auto insurance, there is no one-size-fits-all plan. This is because insurance is based on a wide range of factors. When shopping around, it is important to understand what type of plan you might need. By analyzing a few characteristics about you as a driver as well as your vehicle, you can get a better idea about the plans for which you may be eligible….

Read More Read More

Liquor Liability is a Crucial Component to Bars and Taverns

Liquor Liability is a Crucial Component to Bars and Taverns

No matter what type of bar you run, if serve alcohol, you have to think about liability hazards. Your goal is for your patrons to have a good time. You can’t have this as your focus if you haven’t dealt with liability concerns. Here is why liquor liability insurance programs are crucial. Alcohol-Related Claims People do not always put their best foot forward when they’re drunk. Someone may suffer an injury, a fight may break out or someone may end…

Read More Read More

Why Small Business Owners Need Protection

Why Small Business Owners Need Protection

Owning your own business is an exciting venture, but along with the rewards of being your own business are the risks and liabilities. As you navigate the somewhat confusing waters of insurance coverage, you will need an experienced guide. The team at Ascendant Insurance can help. Liabilities with Small Business Ownership While you may think your customer base is easy to work with and generally forgiving, having a general liability insurance policy is a wise investment. Coverage isn’t as expensive…

Read More Read More

Common Liabilities Faced by Lending Institutions

Common Liabilities Faced by Lending Institutions

When you handle the financial interests of businesses and individuals, you not only have to deal with hundreds of regulations but also the expectations of the client. While having professional liability for bankers can certainly mitigate the risks, it’s more important to be proactive in managing your liabilities. Know these common reasons clients sue to find ways to avoid opening your institution to risk: Acts of bad faith – the client accuses the lender of being unreasonable in a decision…

Read More Read More

How to Determine If You Need Flood Insurance

How to Determine If You Need Flood Insurance

While many mortgage companies require flood insurance for homes in the floodplain, homeowners may be confused about how to determine whether they are in a floodplain. The National Flood Insurance Program (NFIP) makes flood insurance available in flood prone areas. Flood insurance in Babylon can help you recuperate after a disaster such as Hurricane Sandy. Where to Start Your Search The Flood Insurance Rate Map (FIRM) is the NFIP’s official map showing flood hazards. The FIRM has an effective date…

Read More Read More

Protecting Your Financial Institution Against Risks

Protecting Your Financial Institution Against Risks

People expect banks to protect their money. And for the most part, financial institutions are considered safe. But when employees handle large amounts of money, mistakes can occur. Allegations of mishandling can happen. At a bank in Enid, Oklahoma, just recently, a banker used his position as a loan officer to make fraudulent loans. (He was arrested and charged with multiple felonies.) Although bankers professional liability insurance won’t cover fraud, it’s an important part of your insurance portfolio. Benefits of…

Read More Read More

Building a Shield of Protection With Powerful Business Insurance

Building a Shield of Protection With Powerful Business Insurance

Glen Rock is a top spot for those looking into business investments. However, if you are not protected by an agency that provides Glen Rock business insurance you may be left to fend for yourself during a time of crisis. Whether you are opening up a local bakery, financial institution or restaurant, its is vital to understand what kind of protections you may need in case of an emergency. Investing in Your Future With Great Coverage By law, there are…

Read More Read More