Author Archive
An Overview of Employment Practices Liability Insurance (EPLI)
Associated Services in Insurance helps businesses in the firearms-related industries find the right insurance packages for their needs. One type of insurance that’s of particular interest in this regard is Employment Practices Liability Insurance (EPLI). What is EPLI? EPLI covers a business if and when an employee (or employees) files a claim against them because […]
What Does An “Umbrella Insurance Policy” Mean?
When it comes to insurance, there a wide range of phrases and policies that most people are either unaware of, or don’t know exactly what they entail. One of the terms that gets thrown around a bit but many people aren’t familiar with is umbrella policies. What is an umbrella insurance policy? This type of […]
The Importance of Having Insurance in the Firearms Industry
Whether you manufacture firearms and ammunition or you own a gun shop, making sure you have the proper insurance is essential for a number of reasons. Even if your business takes the necessary safety precautions, there is always a chance that human error could cause an accident. Human error Human error is one of the […]
Questions to Ask When Renewing Your Business Insurance
Business insurance should evolve to meet your needs. That’s what makes the business insurance renewal period such a great opportunity to reassess your insurance needs. So, when it’s time to renew your business insurance, ask yourself the following questions: Have you moved? Did your business move to a new space, town, or even state? Then […]
Understanding Specialized Commercial Insurance For Firearm Businesses
Some commercial insurance companies offer specialized packages for various businesses as well as coverage for special risks. This is a guarantee of protection in the event of certain circumstances; the insurance company would reimburse the company and the customer. Why Do You Need This? If your business faces special risks that aren’t typical for a […]
What Does Business Insurance Cover?
Many business owners labor over the idea of getting business insurance, often feeling the expenses are too burdensome. But those who feel that way should rethink their decision and make having insurance an integral item in every budget. Business insurance is more than a luxury, it’s a necessity that can protect your business. Below are […]
Why Workers Compensation Insurance is Vital to Firearm Companies
If you run a business, you need to make sure that your employees are taken care of at all times. One of the ways that you can protect them is by purchasing workers’ compensation insurance that will cover them in the event of an accident on the job. This is especially true for businesses in […]
How Does Workers’ Compensation Work?
Should an employee get injured or ill while on the job, they’ll receive workers’ compensation to provide medical, disability, and lost time benefits. Some examples warranting workers’ comp include falling off a ladder and injuring one’s back, getting burned by a chemical spill, or losing one’s hearing due to repeated exposure to excessively loud noises […]
Premiums, Policy Limits, and Deductibles: What’s the Difference?
When you’re shopping for business insurance, three terms will often come up: premiums, policy limits, and deductibles. These three factors can impact how much you pay for your insurance and what your policy will cover—as such, understanding what they mean is essential to finding the right business insurance. Premiums An insurance premium is what you […]
Why Property Insurance is Vital for Businesses
You would do anything for your business, but some things are just out of your control. A storm, vandalism, or a robbery can cost you thousands of dollars in repairs. But with property insurance, you can get some peace-of-mind. Here’s how: Property insurances covers storm damage Your business is your livelihood and it needs protection. […]