Desmond Insurance Blog
During this phase of settling the new normal, there are things that business owners should consider. New challenges are introduced, and with this, it can affect these owners’ livelihood in the long term. Hotels and restaurants were forced to shut down for the meanwhile, but that means that there is no income for the owners. In this article are important points hotel and restaurant owners should consider.
Commercial Insurances are within the reach of contractors and construction businesses. With it, the contractor may protect his/her business as well as their employees. In this article are the key points on why you should get your company insured.
Commercial Package Policy (CPP) gives a flexible approach as an insurance policy that combines coverage for multiple risks. CPP may also allow any business to pay out premiums at a lower amount rather than purchasing separate policies per risk.
The pandemic is kind of like a wake-up call for business owners to review their policies and strategies carefully. Their operations may also deeply affect their employees as well as the customers if the company is not well prepared to face the pandemic. This article provides information about what you need to know about your business.
With strict travel restrictions implemented and people staying in their homes, there is a growing financial strain for the hotel and restaurant businesses. Not to mention that civil authorities have forced companies to shut down, reservations being canceled, and supply services being delayed; these businesses are in a crisis.
With the coronavirus still spreading worldwide, the virus forces businesses to shut down due to financial losses. For the construction industry, this burden is projected to increase further due to project delays, cost overruns, and suspension of services.
Are you planning to purchase your own home? You have probably heard about having home insurance along your way. However, there may be a bit of confusion lingering in your mind, even though it is must-have protection for every homeowner. Here are the answers to the frequently asked questions to help you understand its policies and coverages.
Since the quarantine protocols and policies have been enforced, most companies mandated work-from-home job operations. Hence, drivers have stayed off the streets except for necessary travels such as purchasing food and other household supplies. Furthermore, many are wondering what happens with their car coverage during this period. Here is the impact of the pandemic on your insurance.
A Business Owner Policy or BOP can provide for the basic liability and liability coverage for starting businesses. However, if your business is constantly growing and becoming more complex, consider purchasing a Commercial Package Policy or CPP. Similar to the BOP, COP allows you to group various coverage types under one policy. Most CPPs comprise of:
Managing a business can be challenging but is a good way to earn money, offer jobs, goods and services, and even a way to express one’s passion. However, with numerous opportunities that can be given to you, there are also many risks when it comes to starting one's business. Here are things to consider before choosing your package: