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Showing posts from March, 2022

What is Sabotage and Terrorism Insurance? What does Terrorism Insurance cover?

What is Sabotage and Terrorism Insurance? Sabotage and terrorism insurance policies are bought by policyholders to cover them against financial losses instantly resulting from political violence or sabotage and terrorism events. The possible loss of life and property fetched by acts of sabotage or terrorism is important. Recently the number of terrorist incidents has also increased. It is predicted that businesses and entities experience over 10,000 terrorist attacks, with about 75 per cent of those resulting in at least 1 death, casualty or kidnapping. This results in an increasing demand for sabotage insurance plans to maintain business operations. The terrorism insurance cover protects you against losses upheld post an event of sabotage or terrorism. The coverage includes: First-party property damage and consequential business stoppage, including as a result of a cyber terrorist invasion Third party property damage and physical injury Event cancellation including as a result o

Medical Malpractice Insurance - Protects You And Your Firm From Lawsuits And Covers Potential Damage

  What is Medical Malpractice Insurance? Medical Malpractice Insurance is an insurance plan that offers financial security for medical experts, specialists and professionals against lawsuits or claims related to their professional work, such as allegations of wrongdoing, negligence or failure of any task, errors and omissions, tools or treatment-related damages, etc. Malpractice insurance cost for Canadian obstetricians is on an average CAD 31,000 a year. Whereas for neurosurgeons, it is CAD 27,900 and orthopaedic surgeons CAD 24,288. The malpractice insurance cost split between the taxpayer and physician depends upon the province and medical association as they have their own agreements. We suggest if you are opting for such insurance, buy from a leading provider like Ches Special Risk. It is one of the top providers of risk insurance in Canada. Their market approach is different and excellent from other insurance companies and general agents. The following medical establishments a