Coinsurance – Don’t Assume You Know What it Means

In insurance words mean different things in different policies, it’s probably why most people think insurance is complicated and cumbersome. Coinsurance is one of those words and it means something much different in a property policy then it does in your health insurance or D&O policy. Find out how it can reduce your claim payment in the property policy.

Errors & Omissions Insurance – An Overview

Through the years I have been asked many times why a company needs to carry E&O insurance. The truth is not all companies need it, but many do. Find out why you might need it and if you don't need it why you should make sure your service providers should have E&O insurance in place. … Continue reading Errors & Omissions Insurance – An Overview

Medical Payments? No, I’m not talking about Health Insurance

Not many things are what they seem when it comes to an insurance policy so when we find something that seems straightforward and actually is we should all rejoice.  "Medical Payments" found in the General Liability policy is a coverage that is what it sounds like it should be, it pays for medical costs that … Continue reading Medical Payments? No, I’m not talking about Health Insurance