What Isn’t Covered in a Standard Homeowners Policy

| NYC Business Group

What Isn’t Covered in a Standard Homeowners Policy

Although a standard homeowners insurance policy does not cover everything, it covers your home, some of your possessions, liability, and other structures in your home. It is essential to know what is not covered in your homeowners' policy to avoid inconveniences or being caught off guard in case of a disaster. Here are some of the costs excluded from a standard homeowners policy...

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What Does Commercial Umbrella Insurance Cover?

| NYC Business Group

What Does Commercial Umbrella Insurance Cover?

Although your business is protected by business insurance, it is prudent to purchase commercial umbrella insurance. This type of insurance cover is vital because it provides coverage if a claim exceeds the limit of other insurance policies. Besides being affordable, commercial umbrella insurance offers protection against claims and lawsuits. With an umbrella insurance cover, you can never go wrong.

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Term vs. Whole Life Insurance, Which is Better?

| NYC Business Group

Term vs. Whole Life Insurance, Which is Better?

When you want to take up a life insurance policy you will be overwhelmed by the number of alternatives out there. The process of finding the best type for you can be hectic and also a complicated process.  While there are many alternative forms of life insurance, there are only two that are popular. These are term and whole life.  The significant difference between the two forms of insurance is that term covers you for a stipulated number of years while life covers you until you…

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Essential Details about Insurance Claims

| NYC Business Group

Essential Details about Insurance Claims

An insurance claim is a request made by the insured to the insurer. The proposal is made after an event that's in the insurance policy occurs. The aim is to indemnify, which can be a replacement, repair, or payment of hospital expenses due to an injury. In this blog, we will discuss insurance claims, how you can file a claim and how different companies handle these claims.

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A Practical Guide for Understanding Homeowners Insurance

| NYC Business Group

A Practical Guide for Understanding Homeowners Insurance

Are you searching for suitable homeowners insurance and feeling lost by the sheer fact that it is an overwhelming task? Perhaps it is more than you anticipated because your home is a significant investment, and the decisions involved are critical.  While you can rely on brokers or agents to guide you through a homeowners insurance policy, you will want to understand what you are purchasing. It is because you will value the policies based on their prices and not your needs.  When the…

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