Insurance matters: Why you need to review your insurance policy in the last quarter

When it comes to owning a car, there are a few elements that you need to take into consideration – from finance to insurance. Not only do these elements ensure that you are able to afford, maintain and care for your vehicle, but they also offer up reassurance in the form of a safety net.
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With the festive season quickly approaching, it is important to take into consideration the various elements that come into play during the last quarter of the year – from an increase in car accident statistics to theft. Not only do South African roads become more hazardous, but the chances of vehicle theft and vandalism take a steep climb. Did you know that during the 2015/2016 festive season, South Africa saw an increase in road fatalities by 14%, and that car theft and vandalism increased by almost 8%? When it comes to protecting your vehicle, regardless of whether it’s from the fluctuating summer weather patterns or from theft, it is important to review your car insurance policy to ensure that you are prepared for whatever the last quarter of the year may hold.

Regardless of the factors that play a role, the question remains, why should South Africans review their insurance policies in the last quarter of the year? The simple answer is to ensure that you remain in a stable financial situation during the last quarter of the year which, for many South Africans, requires concentrated financial focus and attention. Reviewing your insurance policy will also give you peace of mind that your valuables are adequately covered – from laptops and jewellery to your cell phone and sunglasses, or all items that regularly travel inside your vehicle. If you have reviewed your insurance policy carefully, it will ensure that you do not have to dig deep into your pocket in the event of an incident, leaving you cash strapped during the festive season – a season that brings with it social and school commitments, the requirements of new uniforms and stationary, and gifts and entertaining. If you’re looking for more information that will (hopefully) nudge you closer to a review of your insurance policy, take a look at the following:

1. Why do I need to do this?

It is important to remember that fact that car insurance is not simply a safety net for car accidents. Investing in a reliable car insurance policy serves a greater purpose than simply providing cover in the event of a collision. Firstly, reviewing your policy is the smart and responsible thing to do because it ensures that you don’t come short in the event of an incident. An insurance policy allows you to protect your finances, your future and your assets from the unpredictable. If you happened to invest in a car insurance policy when you first bought your car, and you have never again contacted your insurance company, the chances are high that your cover (and your premium) is relatively outdated – at the time of your purchase, you may have opted for certain car insurance products which provide limited cover.

2. Surely I am already covered?

The chances are high that, if you happened to buy a car in the last five years, you would not have been able to drive the car out of the dealership without having first signed for a comprehensive car insurance policy. However, there is also a chance that the insurance policy you signed five years ago is vastly different to what you need today. Keep in mind the fact that when you sign up for car insurance, you may be able to choose the various products that best suit your needs – from accident and theft cover to chip and dent, and hail damage. If you happen to experience a severe hail storm, you would want to ensure that your insurance policy covers the damage on your vehicle.

3. Doesn’t it take time?

A review of your insurance policy requires a simple phone call to your insurance provider where a consultant will be able to assist you, or you may even be able to do it online! Ensure that you have your policy or identity number at the ready before you make the call.

While the last quarter of the year may cause some financial anxiety, it is important to remember the fact your insurance policy should provide reassurance. Be sure to review your car insurance policy, and you can enjoy the best of what the last quarter of the year has to offer!

Factors that will define B2B e-commerce

The future of B2B e-commerce should be of interest to every single serious businessman out there. Just look at the top businessmen you should follow and you will see that they often talk about B2B and e-commerce innovations. No matter how we look at things, the biggest impact will appear because of the evolution of cloud technology, which allows so many interesting features to be added to e-commerce software. At the same time, businesses manage to receive, store and analyse so much data in order to offer better services in the future.
High-quality customer experience expectations

Customers now want to receive high-quality services and they want to be sure their experience is always enjoyable. Alibaba and Amazon are innovators in this field since they always offer a great customer experience, thus increasing the number of repeat sales generated. Modern e-commerce platforms always offer extras that can be used to increase customer satisfaction. However, when referring to open source e-commerce software, this is not always something that is included, thus bringing in a need to modify and add new features to guarantee that perfect customer experience.

TCO (total cost of ownership) is increasing

Companies now seriously think about unifying cloud platforms since there is a need to keep adding improved catalogue management, partner portals, payment gateways, storefronts and much more. B2B is all about quality and innovation. Those companies that offer something new will stand out but this automatically increases TCO.

Flexibility needed for all selling channels

B2C vendors normally cannot move towards B2B selling because of the need to have high price optimisation and CPQ (configure price quote) flexibility. Every smart businessman understands that the selling decisions that are made when the quarter starts will most likely be different than what is seen when the quarter ends. Selling teams do a lot of manual work to keep improving what is offered and having B2B e-commerce options that offers this naturally is great and required. Those B2B e-commerce providers that will offer more flexibility will stand out and will be preferred.

The need to have access to synchronised data

In many cases the e-commerce systems will be connected with a system that exists and a legacy order management system. There is a disconnection that appears between systems used. This is highly damaging and should be avoided as much as possible. The future of B2B is clearly focusing on being sure that data is as synchronised as possible. If a sale is made, everyone should know about it. This is just an example but it clearly highlights what is needed.

Offering unique buying experiences in multi-tier channels for distribution

B2B selling moves across so many different gadgets at the moment and everything is even more complicated when dealing with partnerships and selling through other retailers, resellers, partners or distributors. It is really important that you always think about creating a B2B commerce platform that can easily bring in diversity in terms of selling channel customisation. This is in fact why cloud-based options are preferred since they allow such a technological development.

JP Pietersen signs with Anyoption – Your company needs a brand ambassador too!

No matter where you turn you will see some of the biggest stars in sports endorsing brands and in return, those brands sponsor the player, the team, the league or sometimes even the sport itself. Sponsorship is huge and extremely important in the world of marketing for a number of reasons. But on the flipside, that brand ambassador speaking for your company is huge in the world of marketing as well, so it becomes a two-way street, a sort of give-and-take relationship. Here are a few things you should understand when looking for a marketing strategy, especially in your local market, that will work every time.
Why sponsorship is so important

Sponsorship, especially of a team, is perhaps one of the very best things you can do for your brand. Why? Because no one is more loyal than the fans who go out in all kinds of weather to support their home team. In their eyes, the brands that sponsor their teams can’t be bad, right? After all, they are on ‘our’ side and are rooting for ‘our’ team. If you want to quickly build a local following, sponsor a local team. It works every time.

Why brand ambassadors are vital to your marketing strategy

Have you ever thought why most of those major corporations pay sports stars to become their brand ambassadors? Again, it’s a trust factor such as how fans trust a brand that goes out of their way to sponsor the home team. It’s the same marketing psychology behind brand ambassadors. For example, let’s look at the recent deal struck with JP Pietersen, the South African rugby star, who signed a deal with

Now then, how much do you personally know about binary options? Unless you are a pro trader, you probably don’t know a lot. This makes JP’s endorsement (as a brand ambassador) vitally important. If JP trades with South Africa’s only regulated broker, it must be legit – and of course it is, but not being a trader, how would you know that? In return, JP gets paid for his endorsement and quite often the brand also sponsors the athlete’s team. You see? It’s a two-way street. The brand wins and so does the player and his team.

A few conclusions you can draw from this

If you concluded that building on the loyalty of fans in your market is an effective way to promote your brand, you are absolutely correct – 100 percent! Also, if you concluded that sponsorship is an effective way to draw on the power of their loyalty, you are again correct. However, going one step further, if you sign one of their beloved players like JP Pietersen to be an ambassador for your brand, you now have that added edge that the competition simply can’t meet.

You are sponsoring the local team and in return they are, for all intents and purposes, sponsoring your brand. After all, their star player endorsed you, so you must be great. You love the team and the team loves you. A two-way street where everyone is a winner – what could be better? If you concluded ‘not much’ you are again 100% correct.

Four strategies to manage excess cash in your business

It is rare to hear of an SME with excess cash considering most SMEs fall out of business due to liquidity problems. However, on the rare occasions when your business happens to have excess cash, the situation can be as depressing as the time when you are cash-strapped. This is due to lack of exposure to different strategies available to utilise your excess cash and still keep your business running.
Four strategies to manage excess cash in your business
Your options could vary depending on your risk appetite and the amount of excess cash you have. For the risk-averse they might decide to save the cash in a fixed deposit account; while for the risk-takers they might decide to venture into risky investment channels such as forex trading. Others may venture into online trading by devising optimum binary options trading strategies that optimise their return while keeping their risk exposure in check. On the other hand, some business owners may decide to redistribute the wealth among their employees and shareholders in a number of varied strategies.

The list of potential ways in which you can utilise your excess cash is long, depending also on your personal preferences, and includes the following:


For the risk-averse, having the money safe in the bank account gives you peace of mind and the sense of financial security. The fact that you can go back to the bank the following day and find your money intact helps to budget for your operations with a high level of assurance that the funds needed to fund those planned operations will be availed as and when needed. The flipside of saving your money in the bank account is that you earn a very small interest income which in some cases might be lower than the prevailing inflation rate; hence your money will be losing its value when left in the savings bank account during a rising inflation period.

Invest in low-risk investment vehicles

Four strategies to manage excess cash in your business
With the time value of money put into perspective, other business owners decide to invest their excess cash in low-risk investment avenues in order to earn an interest rate that is equal to or slightly higher than the prevailing inflation rate. If you are this type of business owner you will find treasury bills issued by the South African Reserve Bank suitable for you due to their risk-free nature since their repayment is guaranteed by the government. You will also find mutual funds and unit trusts being safe investment vehicles with higher returns than the treasury bills and interest returns earned from fixed deposit savings accounts.

Invest in high-risk investment vehicles

For risk-takers, the motivation to earn higher returns pushes them to venture into more risky investment instruments such as trading on stocks and bonds in the capital markets. Others get into forex trading, while those with a wider experience in financial markets dive into derivatives trading. Online trading is also becoming a common alternative investment strategy for the high-risk-takers who want to get into the market and move out fast while making huge returns in the process. As business owner you need to be very cautious though before venturing into the high-risk investment instruments since you might end up losing huge amounts of cash if you do not design and execute winning strategies. Advice from market brokers is highly recommended before venturing into trading of any of the complex financial instruments in the markets globally.

Distribute the wealth to employees and shareholders

Some business owners prefer to distribute the excess cash to employees and shareholders as a way to motivate them to continue creating more value and growing the business further. To the employees, you can choose to distribute the cash to them as a bonus at the end of the year or distribute it in form of increased salaries and wages. Bonus is the most common strategy used since it is usually a one-off payment that does not have much financial implication to the business cash flows. An increase in salaries and wages would result in bulging your business expenses going forward and reversing the process in gloomy economic times might be a challenge.

Four strategies to manage excess cash in your business
For shareholders, you distribute the excess cash through dividends at the end of the year. This can be paid out in cash or through a bonus issue whereby the existing shareholders are issued with additional shares on a pro rata basis with the share purchase being paid for from the excess cash available to the business. The bonus issue is a preferred method since the cash is retained within the business for other investments and expansion purposes in the long run, while at the same time incentivising the shareholders for injecting capital into the business.

None of the above four strategies is better than the other. As a founder and business owner you will need to determine which one is best suited for you based on your short-term and long-term financial obligations, as well as in consideration of other business and stakeholder priorities.

Life Insurance, Insurance Policy, Income Protection, Cover Austral, Lialife Insurance Policy, Income Protection Policy, Insurance Advisor

Death remains one of the most fundamental realities people face. It elicits different emotions in different people. People experience grief, sorrow, anxiety, apprehension, trauma and in some cases, even joy. However, the one emotion that accompanies each death remains the feeling of uncertainty. Coping with an uncertain future can be quite a handful. It can be so especially if it succeeds the death of a loved one. In these situations, the onus of looking after those left behind, usually falls on the eldest family member. With several things to manage, you must avoid loading yourself with additional problems. For example, you need to manage the finances to meet your monthly expenses. This is true especially if the deceased is the sole earning member of the family. This is why you need to buy life insurance. Buying a cheap life insurance policy is not difficult nowadays. A helpful and skilled insurance advisor can help you buy life insurance. The insurance advisor can assess your needs and then advise you accordingly. However, a good life insurance policy will provide death benefits to those left behind. Therefore, the life insurance policy remains worth it if you have dependents. Nevertheless, merely having a life insurance cover will not cover all the gaps. For example, consider this situation. Imagine a situation where you suffer from an illness or an accident that prevents you from working. You might have a leave balance at the office, which will come handy in giving you paid leave. However, leave balances are not inexhaustible. Therefore, if you find yourself in a situation like this, you would have to use money from your savings in order to pay all expenses. Your savings too, might last for a few months. Thereafter, you will struggle to find the money to meet your daily needs. In situations like this, an Income Protection insurance policy can be very useful. Some people also call it the Salary Continuance insurance policy. This policy provides you with up to 75% of your current income, in situations such as the one illustrated above. Therefore, if you find yourself unable to attend work because of an illness or injury, this policy can help you meet your monthly expenses. Before purchasing the income protection policy however, you must note the definition of the term “disability”. Each life insurance company has a different definition for this term. For some insurers, it represents time-based disability; for others it represents income-based disability. It could also denote duty-based disability. Hence, it remains worthwhile to understand the definition of this term, to avoid unpleasant surprises later. When you purchase an income protection policy, consider a few factors. These include: • Benefit Payable: This comprises of three types of benefits, namely: • Agreed Value: This is the best type of benefit available. In an Agreed Value policy, you would need to prove that your income was sufficient or equivalent to the benefit claimed. You would need to prove this as being true for a period of twelve months prior to applying for this insurance. In this situation, if at the time of making your claim, your income was lower, you would still receive the benefit agreed at the time of inception of the policy. • Endorsed Agreed Value: Under this policy, you need to provide evidence of your financial income at the time of applying for this policy. Typical examples of evidence could be financial bank statements and tax returns. Under this policy, the insurer will not seek any further financial evidence at the time of the claim. Further, if the insurer deems the claim as being medically acceptable, you will receive the entire benefit. • Indemnity: Under this policy, you would need to prove that your income at the time of the claim is equivalent to the benefit claimed. Thus, if your income dipped at the time of filing the claim, you would not receive the entire benefit. Because of this, these policies tend to be cheaper. • Benefit Period: Some policies provide benefits for the duration of a lifetime. However, most insurance companies limit the term for paying benefits until the insured reaches the age of 65 years. • Waiting Period: This denotes the period after the disability when the insurance company will not pay any benefits. Income Protection policies usually have a waiting period that ranges from two weeks to two years. • Inflation: Ensure that your policy covers you for inflation. For policies of short terms i.e. a few years ahead, this factor will not make much of a difference. For example, if you are 63 years, then you do not need inflation indexing, as you will receive benefits until you are 65 years. However, if you are 36 years, you would need to have a policy premium linked to the inflation index. This would ensure that your money is worth the investment at the time you need it most. Regardless of whether you need income protection or disability insurance, Cover Australia has a policy for you. An unparalleled expertise and knowledge acquired over 27 years, gives us a perfect understanding of your insurance needs. Hence, it comes as no surprise that behind the smiles of several Australian families lies Cover Australia’s cover of protection. Therefore, when you think of life insurance and need security, remember that we cover Australia. Published at:

Trauma Insurance Policy, Trauma Insurance Comparison, Trauma Insurance Australia, Trauma Insurance, Tdp Insurance Australia, Term Life Insurance, Quote Life Insurance, Life Insurance Quote, Life Insur

When you visit your insurance advisor to buy life insurance, there is an irony at play. Has it ever occurred to you that you as a person (i.e. personally) do not need life insurance? After all, of what use is a death benefit, when you are beyond the concepts of benefit and loss? You will not be around to receive the death benefit anyway. So do you actually need to buy life insurance? Yet, the fact is that life insurance is a necessity, especially in these days of uncertainty. You might not personally benefit from it. However, by having your life insured, you ensure that your family or your dependents do not suffer in your absence. Your dependents provide you with the main reason for purchasing a life insurance policy. Clearly, if you have no dependents, your assets will take care of any liabilities you owe. However, if you have dependents, you cannot afford to take their future for granted. You might be in the best of health with the best paying job on hand today. However, in the event of any contingency, you will leave your dependents without any support or anchor. In the event of any eventuality, your family will have to bear the bereavement. The added worries of their future financial stability will add to their insecurity. Compounding this situation further is the likelihood of your being the sole earning member of the family. For more than 27 years, Cover Australia has been specialising in selling life insurance products. These years of experience have helped us understand your needs better. It has also given us an unparalleled insight into providing you with products offering comprehensive insurance cover. Cover Australia does not believe in multiple insurance products. Offering several products complicates what must be a simple and straightforward decision. Therefore, our range of products remains restricted to just four. This enables you to choose the policy that works best for you easily. Consultations with your insurance advisors will help you understand the specifications of each product. Two of the most popular products we offer are disability insurance and income protection insurance. Interestingly, these products provide you with a benefit during your lifetime. Hence, you can purchase these even if you do not have any dependents. Income Protection insurance involves the provision of a replacement income. Insurers provide this cover in case you are unable to work because of an illness or an injury. Consider the situation where you suffer from a serious illness or an injury sustained through an accident. You would not be in a position to attend work. Therefore, how will you be able to manage your day-to-day expenses when you do not retain your earning capacity? You might have earned entitlement to some leaves during your employment. However, what happens when your period of convalescing exceeds your leaves? In this situation, you would lose your daily earnings with each passing day. In this situation, income protection insurance comes in handy. It provides you with an assured replacement income of up to 75% of your current income. This policy usually comes with a waiting period that ranges from two weeks to two years. During this period, the insurer will not pay any benefits. The longer the waiting period, the lesser your premium will be. Depending on the benefit period you opted for when purchasing the policy, you could enjoy the benefits of an assured income. Some insurance companies provide benefits until you reach the age of 70. However, most insurance providers only offer benefits up to the age of 65. You can contact your insurance advisor for purchasing this policy. The advisor will assess your needs and do a quick income insurance comparison, before offering you the appropriate levels of cover. Another policy that provides benefits during your lifetime is the Disability Insurance policy (also referred to as the Total and Permanent Disability Insurance). Under the provisions of this policy, the insurance provider will pay you a lump sum benefit if you suffer a disability that renders you unfit to return to work. The degree of disability will vary according to the injury or illness. Hence, you will need to gain a proper understanding of the provisions of this policy before signing the dotted line. The main function of insurance is to provide cover in the eventualities of life. The main motive of any insurance provider is to ensure that its clients’ interests remain protected at all times, when the policy is in force. Therefore, when you need complete protection and an assurance of the future, call us at 1300 366 817. Let the umbrella of Cover Australia shelter you from the storms that occur in life. Published at:

Insurance Brokers Suggests Different Health Insurance And Life Insurance Quotes

Insurance is the basic requirement of a single person now days. Insurance is one type of Risk Management, if you are going to buy life insurance you must ensure the coverage given to you that fits your needs and doesn’t cost too much. First, decide how much you need – and for how long – and what you can afford to pay. Next, find out what kinds of policies are available to meet your needs and pick the one that best suits you. These all things could be easier if you found Insurance Brokers who can choose the quality plans for you as per your needs. In this busy world many of the people have no enough time to choose appropriate plans for Insurance. So Insurance Brokers have different Life Insurance Quotes which are suggested by them and suitable for clients. Visit us @ To hire or appoint Insurance Brokers, clients do not need to deal directly to any insurance companies or insurance agents. When client needed to changes their insurance policy or have questions or concerns, they can contact their Insurance Brokers who in turn will find the information client needed. Insurance Brokers work with insured to find out what kind of risks they regularly encounter, and educate insured about what policies are available for each type of risks. As all know government provides better services for emergency, like car crash, accidents, etc… but for other health related problems, even very serious ones like cancer treatment you can spend months or years also on a waiting list. So if you have Health Insurance, you will not need to wait, you can access high quality treatments very quickly and focus on getting better. More Details: Health insurance is really the only type of insurance that you will require throughout your whole life – which is exactly the reason why you should get a good major medical plan up and running as early as possible. It’s all about your ‘future insurability’. You need to get cover while you’re healthy, with as little exclusion as possible, and then you’ll have a good level of cover into the future for your health. The healthier you are when you start your insurance plan the better ‘value for money’ that plan will be throughout the rest of your life. For further Information: Firstly you should get various Life Insurance Quotes from Insurance Brokers related to different companies that will help you to compare insurance benefits and coverage with pricing with each other. So you can find the best of the offers from all companies. The amount of Health Insurance that you need depends largely on your age and income. The general guideline for determining term NZ Life Insurance coverage amount is to multiply your current pre-tax income by a minimum of 5. It is not only important thing to get Health Insurance sooner rather than later, it is also very important that you get top quality plan right from the beginning. Even if you are young and healthy, Life Insurance Quotes from multiple companies by any Insurance Broker is an easy way to take advantage of the competitive nature of the Health Insurance industry and find the insurer who will offer the most affordable policy to you. Published at:

Life Insurancelife, Insurance Products, Insurance Products, Life Insurance Cover, Life Insurance Company, Cheap Life Insurance, Life Insurance

Buying a life insurance policy has become increasingly easy. Australia has several life insurance companies that offer a variety of life insurance products. Each life insurance company designs products that would appeal to their target audiences. Some policies provide returns that are more lucrative. Others provide enhanced levels of coverage. Some life insurance policies allow you to take additional cover depending on your requirements. To attract as many customers as possible, life insurance companies even accept a diverse range of payment modes. This enables customers to make payments online, without needing to visit the bank or the offices of their insurer. Given the ease with which people can buy life insurance, it is surprising that Australians continue to remain underinsured. An overwhelming majority of Australians purchase inadequate life insurance cover for themselves. This renders them vulnerable in exigent times. Life insurance policies provide a death benefit to the bereaved family on the death of the insured. Coming to terms with the loss of a loved one is difficult. If that individual also happens to be the sole earning member of the family, it aggravates the situation. The bereaved family then has to carry the weight of their grief along with the sword of uncertainty that dangles over them. For a family faced with the uncertain situation of meeting their liabilities after the death of the sole earning member, there are no easy answers. Only when the mind is at peace, can you find a solution. Further, the solution would usually entail a change in lifestyles even as you come to terms with the loss of a family member. No one remains exempt from a situation like this for long. In fact, most people will face this situation at one time or another in their lives. This is why this lack of attention to purchasing life insurance seems absurd. Why would you want to reject the one avenue of certainty in an uncertain world? The only answer could be that most Australians do not like to think of situations where they are no longer around. Lack of proper information and awareness about various insurance products could be another reason. A possibility even exists where those Australians having sufficient cover would have obtained it by default. For example, some of these people might purchase disability insurance or income protection to obtain tax benefits. Thus, they would not take this cover to protect themselves from any risk. Instead, they would purchase this cover merely as an investment. Cover Australia has been at the forefront of providing insurance solutions to many Australians. We have over 27 years of experience in the domain. In this time, we built an impressive track record that highlights our excellence and superlative service. Our outstanding service has the backing of our in-depth knowledge about life insurance. This enables us to give you free professional advice. We also consider your unique situation before offering any advice. This gives you a product that meets your requirements perfectly. We also offer a Platinum Partner Program that advises you on products like disability insurance and income life insurance. Regardless of whether you need trauma insurance, income protection or any other life insurance, we have a plan suited to your needs. This expertise makes us one of Australia’s leading life insurance providers. Life is not cheap. Therefore, it is surprising that many people try to purchase cheap life insurance. They even seek the advice of their insurance adviser to achieve this objective. Such people forget that there is a difference between saving money on a policy and buying cheap life insurance regardless of the policy’s terms and conditions. What are the ways in which you can save money on the premiums of your life insurance without compromising on coverage? Some measures include: • Quitting Smoking as non-smokers pay lower premiums • Staying fit and healthy as people with a low ratio of Body Mass Index (BMI) tend to have a lower premium • Availing of discounts given when you purchase insurance for couples • Buying a fully underwritten policy that takes into account your specific situation completely • Paying your premium on an annual basis instead of on a quarterly or a monthly basis You fail to buy life insurance to safeguard your loved ones at your own risk. The benefits offered by this policy can certainly never replace you in any manner. However, it can serve to dispel the dark clouds of uncertainty over your family in your absence. Therefore, always seek the help of your advisor to help you get the best cover. Alternatively, you could call us at 1300 366 817 and obtain a policy that enables you to breathe easy. For the protection offered by Cover Australia will be invaluable in times of need. Published at:

Joliet Illinois Insurance Leader ‘Insurance Navy’ Starts Offering Landscape and Auto Insurance x

Landscaping subcontractors are those that are participating in a number of decorating activities that aims to modify the visible features of land, or the maintenance of decorative shrubs, trees, and soil in residential and commercial areas. Landscapers could include actions on the gardens, structures of natural elements, objects, or abstract elements such as lights. Landscape contracts can be classified in another way, commercial or residential landscaping. They work with lawn and shrub care where application of pesticide, herbicide, and fertilizers as well as slicing branches and removing shrubs, as well as trimming of trees and shrubs are some of their usual work. Landscaping contractors who work with the set up and restoration of irrigation systems, sodding, operating on synthetic land, as well as the renovation of certain environment are all types of works that landscaping artisan contractors deal with. Coverage Required by Landscaper Artisan Contractors ** Landscaping General Liability: Like all subcontractors, landscapers need commercial general liability to cover them while working at customers locations. A landscaper artisan contractor insurance is needed to cover for their careless acts while performing their work. Coverages range from $300,000 to $1,000,000 each occurrence for product/ completed operations as well as personal and advertising injury, with double the amount for the general aggregate. Of a particular interest is the fact that some insurance carriers may have certain policy coverage exceptions for damages resulting from the applications of pesticide, herbicide, and fertilizers. Other companies may exclude any damages resulting from imperfect design of the landscape. The main determinants of the prices for the commercial liability of artisan commercial policy are yearly wages, annual revenues and attributes of activities practiced. ** Landscaping Artisan Subcontractor Business Auto: All contractors need this coverage for their autos that are used in the course of the business. Some smaller contractors wrongly insure their business autos under Personal Auto Policies (PAP), producing a great risk as a PAP will not cover the contractor if the auto is utilized for business purposes. Garaging ZIP , ages and driving records of the operators play important roles in deciding the cost of the coverage. ** Landscapers Workers Compensations: Workers compensation is mandated by the law. For landscapers who employ others and pay salaries, a workers compensation policy is a must. If the landscaper has many employees that do more than one type of work (such as clerical, drivers, etc.) classifying the employees at the time of obtaining insurance may reduce the coverage cost. Owners and officers may exclude themselves from workers compensation insurance. ** Contractors Equipment and Inland Marine Coverages: Landscapers may need to also insure the specified tools and certain equipment they use. Also they may need to get an installation floater coverage (covers contractor’s raw materials while in transit or while kept at a customer location). Moreover, insurance for rental equipment may be required if there is potential losses from theft or another loss on rented equipment. ** Landscapers Umbrella or Excess Liability: Some larger size landscapers may need extra liability insurance for better protection or to meet legal obligations. ** Contractors Property Insurance: This coverage may be essential if the contractor owns a building or certain scheduled tools and equipment such as computers. The costs of insurance are based on amounts, description of property and community. Getting insurance for a landscaping contractors does not have to be a challenging task. Paying attention to exclusions of the coverage is a mandate. Published at: