Special Event Insurance

| NYC Business Group

Special Event Insurance

Nowadays, most businesses rely on special events like seminars, fairs, and conferences to promote their products and services. It is easier to engage potential customers by hosting a special event. However, when you host a special event, you expose yourself to several risks and variables out of your control. It is crucial to have special event insurance to protect your business from any liability.

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Essential Hair Salon Insurance Needed By a Hair Business

| NYC Business Group

Essential Hair Salon Insurance Needed By a Hair Business

Starting a salon business is a daunting task because it entails numerous activities ranging from preparing a business plan to buying equipment and other machinery, finding an ideal location, and hiring employees, among others. Besides all that, salon insurance is a substantial investment. For first-timers, it is challenging to determine the types of hair salon insurances to invest in. However, this article will help you determine the ten essential hair salon insurance you need.

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What is The Difference Between Equipment Insurance & Equipment Breakdown Insurance?

| NYC Business Group

What is The Difference Between Equipment Insurance & Equipment Breakdown Insurance?

Business owners must understand that their standard commercial insurance policies do not automatically cover the breakdown or loss of their crucial tools or equipment! Although some policies and insurers might include coverage for the tools and equipment to an extent, the coverage is non-sufficient if used daily, for example, in the construction industry. In such cases, you must purchase separate coverage options, i.e., equipment or equipment breakdown insurance.

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Who Should be the Named Insured on a Commercial Insurance Policy?

| NYC Business Group

Who Should be the Named Insured on a Commercial Insurance Policy?

Named insured refers to a person or business listed on an insurance policy. If you are the ‘named insured,’ you choose the policy type, coverage amount, premium notice, and cancelations. Some examples of named insureds include sole proprietorships, corporations, and business partners.

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What Kind of Insurance Do Painters Need?

| NYC Business Group

What Kind of Insurance Do Painters Need?

Do you own a painting business? Painting insurance protects a painting business, including work-related losses, damaged customer property, vehicle accidents, medical bills, legal fees, lawsuits, etc. Also, most clients prefer contracting painting services from insured companies or businesses to avoid lawsuits or settlements.

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