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.
Employers Liability, not to be confused with Employment Practices Liability, is an insurance coverage typically found in a Workers Compensation policy. Compared to workers comp, there are very few claims filed under this portion of the policy, and as a result it is not very well understood.
I want to help people better understand their insurance. All too often people and companies only have a high-level understanding of their insurance policies and unfortunately the devil is in those hundreds of pages called a policy. Often times insurance buyers don't ask the questions that need to be asked when they renew their insurance … Continue reading Confused About Insurance? You Are Not Alone.