Insurance Insights

Written contracts are a part of business and essential for both parties in an agreement. When you’re planning to provide services to a client, the contract is the backbone of the service as it delineates the details of services you’ll provide, as well as other agreements like the pay schedule and timing of deliverables. It gives both you and the client a promise in writing. The contract is beneficial both for your business as well as the client, and will keep the arrangement legal on both sides. Solid business contracts have the following important features, which you should keep in mind at all times.

Pallets, which come in a variety of materials including wood and plastic, are a common material used in manufacturing warehouses, grocery stores and retailing industries. Pallets typically allow products and inventory to be moved from one location to another. While pallets may seem like a common material to be used for these types of jobs, they also carry with them safety risks for the workers who use them. The Bureau of Labor Statisticsfound that in 2010, 5.2% of workers who were in the transportation and warehousing industry (which includes working with pallets) had work-related injuries. Many of the risks of using pallets relate to their size and weight, which can be upwards of 70-80 pounds each. As the National Institute of Occupational Safety and Health does not recommend workers to lift more than 50 pounds, you can see why materials of this weight can be dangerous for workers.

Mobile phones and their associated apps are quickly becoming the go-to form of technology for many businesses. As administrators discover the many advantages of using mobile phones and other mobile computing like tablet PCs in the workplace, more operations are being conducted through smart phones. In fact, during a recent survey, Symantecfound that 50 percent of businesses were using mobile or cloud-based technology for business use, with a good portion of that due to preparing for natural disasters. If you want to improve your current natural disaster solution, you find several benefits to using mobile computing.

Owning your own business can be a rewarding experience, but it also means that you have to contend with risks that may impact your assets and business potentially in a negative way. One of these risks is equipment breakdown. Unfortunately, equipment breakdown can take its toll on a business, possibly causing you to lose thousands of dollars in the process.

As an online retailer, accepting payments is one of the most important decisions you’ll make. With the increase in online shopping, accepting payments online is crucial. In fact, the Steelhouse 2012 State of Online Shopping Survey found that approximately 60% of consumers would be shopping online more frequently. This statistic, along with the increase in Internet usage in general, means that you have some decisions to make. While there are other choices in taking online payments, these are the five most common payment options at your disposal.

A dent removal business is a service business offered to clients who need dents or other imperfections removed from their vehicles. You may perform this service from your own shop or provide mobile dent removal service by visiting the client’s home or business for smaller jobs. If you’ve decided to start a dent removal business, you can find many opportunities for growth and profit, but you should also be aware of the risks associated with this business. Since the person’s property is in your possession, you’re responsible for further damage that may be caused while you repair the dings and dents. You’re also at risk of being liable for a client’s vehicle that may get damaged or vandalized while in your storage. Cover all of these risks by getting the appropriate dent removal business insurance policies.

Yoga uses a series of stretches and movements in order to improve a person’s health, wellbeing, flexibility, and strength. The yoga teacher is responsible for teaching these stretches and breathing exercises in order to improve the success of the yoga students, teaching them how to use methods of breathing and moving for relaxation, strength and flexibility. There are a variety of type of yoga dedicated to different methods of healing including restorative, prenatal, power, hot, and Hatha. While yoga is a relatively safe exercise, a yoga teacher still needs to have proper yoga teacher insurance. Not only do some yoga studios or fitness centers require their yoga teachers to be insured for employment, but the teacher should be protected against certain claims. Risks associated with being a yoga teacher are related to students getting injured during class for a variety of reasons.

If you own and operate a retail store, dishonest acts, including shoplifting, sometimes comes along with the territory. This is sometimes an inevitable part of doing business. But when it is your employees who are being dishonest, it can be even more frustrating — and sometimes harder to catch because they are familiar with the way the store operates. According a retail store survey done by Jack L. Hayes Internationalin 2011, more than $6 billion was stolen from dishonest employees and shoplifters. In order to avoid being added to this staggering statistic, there are some additional measures you can take to avoid such thefts or shoplifting acts stemming from your employees.
Hiring Practices

Big box stores, such as Target, Walmart, and Costco, get millions of customers each year. In fact, according to WalmartStores.com, they get over 250 million customers a year. So it’s no surprise that many businesses are looking for ways to get their products on the shelves of such stores. If you sell a product that you think a big box store would carry, it could increase your profits exponentially, give you more exposure, and provide your company with the sustainability it needs to be successfully in the current economy However, it isn’t as easy as filling out an application and waiting for a call. You need to follow several steps in order to be approved as a vendor for such stores.

Swimming pool servicing businesses handle all of the cleaning and maintenance jobs of a swimming pool. They may provide services to swimming pools and Jacuzzi tubs in residences, as well as businesses such as hotels, fitness clubs, and recreational centers. If you have chosen to start a swimming pool servicing company, you should be aware of the risks associated with this profession. Since you’re providing a service, there is always the risk of damaging the customer’s personal property with your equipment or chemicals, along with personal injury of your customers or employees. To protect these and other risks, you should obtain swimming pool servicing business insurance in order to avoid being responsible for litigation and liability costs.