Company Public Liability Insurance
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do i need public liability insurance for my buisenss?

im selling bicycles that are designed and manufactured by a company in canada,ipurchase the frames then assymble them here in the us at my busienss and resell them as complete bikes.
if some one should by one and, lets say,{the weld from the frame breaks} am i responsable or the company that made it?

What you need is a Commercial General Liability Policy (also known as a CGL Policy) which includes Products/Completed Operations Coverage. Regardless of whether you are at fault or “liable” if the frame breaks due to a faulty weld, if you are sued you would have to hire a lawyer to defend the case at your own expense if you do not have insurance. In the same scenario, as long as the CGL Policy includes coverage for Product Liability, the insurance company will provide you with an attorney to offer a defense and will be pay the judgement up to the policy limit if you are found liable by the court.

In addition to a CGL Policy, you will also probably need coverage for loss of your inventory, loss of income, Workers Compensation if you have employees and a commercial automobile policy if you transport the bicycles inside a vehicle.

You should consult a local independent insurance agent that will be able to assist you with reviewing your business exposures and advise the best way to provide coverage at a reasonable cost. You can find an agent by consulting this website: http://www.iiaba.net/agentlocator/findagent.aspx.

I hope this information helps. Good Luck

Professional Indemnity Insurance Definition

Top 5 Essential Insurance Products For Freelance Consultants

As a freelancer, whether you operate as a sole trader or a limited company, you enjoy the freedom and the rewards of being your own boss. But it does also mean that you don’t have the resources of a large organisation to support you if things go wrong.

And things can – and do – go wrong for freelancers. That’s why you need insurance. Without it, you could end up losing everything you’ve worked for.

Exactly which type of policies you need will depend on the nature of your business but these are the top 5 you should be thinking about:

Professional Indemnity Insurance

An IT consultant fails to foresee a scenario which causes a system he’s designed to crash. A graphic designer inadvertently infringes another company’s trademark when designing a logo. A structural engineer makes a calculation error and a load-bearing wall fails to take its load. Mistakes like these – mistakes anyone can make when under pressure – can lead to claims for damages more than large enough to put you out of business.

Professional indemnity insurance will protect you in the event of such a claim. Subject to policy limits, it will cover your legal bills and the amount of any compensation award.

Public Liability Insurance

Imagine a client trips and injures herself when visiting your offices. Or, when visiting a client’s premises, you trip and damage some equipment. Accidents like these can easily happen. And, in a world of ‘no win, no fee’ TV advertising, can easily lead to you being sued for damages. Public liability insurance will cover you for the cost of any legal fees and compensation payments resulting from just such a third party claim.

Personal Accident & Sickness Insurance

The personal freedom that comes from being a freelancer is a wonderful thing. Until you have an accident or you fall sick and you can’t work. In no time at all, the lack of any money coming in (but still plenty going out) will be adding a level of anxiety that certainly isn’t going to aid your recovery. By providing you with a regular income, personal accident & sickness insurance will free you of that worry.

IR35 insurance

You consider yourself to be a freelancer. Are you quite sure that Her Majesty’s Revenue & Customs do? Or would do if they investigated your circumstances? If you’re working on a long term contract at a client’s premises. particularly if you’re using the client’s equipment and facilities, HMRC might take the view that you’re ‘employed’ and should be subject to IR35 tax rules.

IR35 insurance will cover your costs if you find yourself in need of representation in a tax compliance enquiry. For an appropriate premium, you could also cover yourself against the cost of any unpaid tax, NI contributions and penalties if the enquiry rules against you.

Employers Liability Insurance

If you employ people, you are required by law to have employers’ liability insurance to cover the costs of any claim brought against you by an employee who suffers an injury or illness resulting from your negligence. So this one isn’t an option. And do be aware that the legal definition of an ‘employer’ is drawn quite widely.

Resource:-

http://www.coulsonpritchard.com/

Public Liability Insurance Plumbers
What to ask your Christchurch Plumber regarding insurance.

Tips on choosing the right A Plumber in London

For everyone who lives in London, where it up to a situation where it's a disaster of their water or get a leak, are in the water and you need a plumber in such an emergency, they often find themselves thinking about who to call for the job and where we find in the city. So, if the case is a burst pipe and the sudden flow of water that begins at the moment the pipe starts leaking insidious, is the flow be terribly fast and safe, there is no way to stop it for the moment a lot of panic caused all the situation, no matter how cool and calm head You are because you do not have an idea to decide what to do or what action to take. The only thing you can do then is to find given the right to Plumber and to him with the task of repairing it. And before you call a plumber, you probably figured that the choice of the right, because you certainly do not like to rip you off Get through some coarse nature of the cowboy plumbers, because they know that you are in a panic and a very shaken and vulnerable position and in this situation can not use them and the name of a very high price, because no matter how much they say, and no matter how ridiculous the price may be, you will agree, because you will not be in a situation in order delays and select a different plumber in such an emergency. This will make you agree on a price and helps him when leaving a big hole in your pocket, after successfully working for you and finisher takes the accounts of money.

Although we all decide on the fact that it is always better, right Plumber by asking neighbors or people who had experienced such situations and ask them to choose the best person to go help, but it's really hard to get a good London plumber available at the time you need them, and they are often hard to make you wait with the concerns state of mind to come for a long time. So, if such cases occur, it is always best to choose a good plumber in London itself. This all in the selection of the best plumber in London, here are a few things you should do if they try to find the right plumber for fixing the water job that ate the head for a long time.

There are a lot of Plumbers and plumbing company in London, but these are a few things in the selection are reviewed them: Check out the credentials of the plumber and, whether something decent work in other places where he has worked. Check to see if the plumber has liability insurance so if something goes wrong, can it cover it with him. Also, make sure that its offer of plumbing work guaranteed in writing. The last thing to do, whether they are recognized plumbing company, and check if water system presentation of the company, if available, since a well presented and are sure to give a well presented and trustworthy Plumbing in your home.

Define Public Liability Insurance

What Are Compulsory Insurance Statutes

With a growing number of cars in the world countries like Canada or the United States and European countries, also experience a growing number of car accidents. Auto insurance became one of the main things that protects the driver from financial losses. Auto insurance is a legal contract between driver and insurance company, that not only provides ongoing protection to the driver, but also can be a constant reminder of the possible dangers on the road. While the driver pays the premium to the company, the company provides coverage in case of an accident. There are three types of coverage available in any insurance: property, liability and medical coverage. Property coverage pays for damage done to your car and in some cases repays the costs in case of theft. Liability coverage pays for your legal responsibility to others for causing bodily injury or property damage during an accident. It is calculated according to the fault of the driver and it is important to remember that in case of an accident the fault can be distributed among two or move drivers involved. Medical coverage pays for the cost of treating injuries after the accident, the process of rehabilitation and in some cases also lost wages and even funeral expenses, for this type of coverage it is important to provide all the checks and bill for medical expenses. As for auto insurance in Canada several Canadian provinces (British Columbia, Saskatchewan, Manitoba and Quebec) provide a public auto insurance system, while the rest of the provinces provide private insurance. The basic auto insurance is mandatory throughout Canada, still the government of each province defines which benefits are included as minimum required auto insurance coverage and which benefits are options available for those seeking additional coverage. The coverage itself is also different from province to province, for example accident benefits coverage is not mandatory in Newfoundland and Labrador.

While on the one side car related laws and regulations are constantly being updated to handle the growing number of accidents, alternative solutions for handling the situation are also being developed and used. In 1994 a study conducted by Jeremy Jackson and Roger Blackman showed that increasing the costs of one accident leads to reduction of the number of accidents. A driver must understand that and accident could not only lead to injuries or casualties, but will also lead to compensations even after the smallest accidents. A modern driver starts to pay for the possible accidents even before he gets behind the wheel, with the means of Compulsory Insurance. Compulsory Insurance is one of the insurance mechanisms that drivers must file proof of insurance and make a payment before they receive their vehicle registration. Compulsory insurance is used for two scenarios. First in case of an accident involving two or more vehicles it covers the damages done to vehicles, irrespective of who’s in responsible for the accident. It also covers the most common damages that can occur from problems like theft, fire or vandalism.

Goods In Transit And Public Liability Insurance
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Do i need public liability with Goods in transit insurance as a courier?

If so, up to how much? and is it really necsessary, can i get g.i.t without public liability?

I never had public liability when I was a courier, it wasn’t even spoken of. G.I.T is more important though