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Business Insurance

Business Insurance · May 2, 2022

How Does Product Recall Insurance Work?

business concept meaning product recall insurance with sign on the bank form

A product recall is when manufacturers remove entire batches of products from customers or marketplaces. These are damaged, unsafe goods and any consumer who has used them is eligible to receive compensation. Product recalls are very important to buyers because unsafe products can kill or harm …

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Business Insurance · April 11, 2022

Is Product Recall Insurance The Same As Product Liability?

wooden blocks with the text recall

Global consumer standards are compelling businesses to acquire product recall insurance to continue their operations without any hindrances or delays. Product recall insurance covers the cost of sending a defective product back to the manufacturer or merchandiser. In this case, the defective …

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Business Insurance, Special Event Insurance · October 4, 2021

What Types of Events Are Covered By Cancellation Insurance?

event postpond sign

A big part of planning an event is anticipating potential problems and addressing them. For some events, this might mean choosing a date for an outdoor gathering that is unlikely to be rainy or sending out save-the-date cards well in advance to avoid scheduling conflicts for guests. However, there …

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Business Insurance · September 20, 2021

What Is eSports Insurance?

esports winner trophy standing on a stage in the middle of the computer video games championship

Electronic sports, or eSports, began as an underground activity but has quickly grown into a major industry. This form of competitive video gaming involving people playing against each other at in-person events or online for prizes has a significant fan base around the world, a host of professional …

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Business Insurance · September 7, 2020

Why Does A Cannabis Cultivator Need Property Insurance?

a cannabis cultivator that needs property insurance for their operation

Why does a cannabis cultivator need property insurance? Finding the right insurance policy for a cannabis cultivator is imperative to ensure compliance with state laws and ensure ideal business practices. The laws can be confusing with many grey areas since, on a federal level, cannabis is still …

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Business Insurance · August 24, 2020

Why Do Cannabis Cultivators Need Property Insurance?

property insurance motifs shown on a desk with a calculator and coffee mug.jpg

Finding the right insurance policy for cannabis cultivators is imperative to ensure compliance with state laws and ensure ideal business practices. The laws can be confusing with many grey areas since, on a federal level, cannabis is still considered illegal. Insurance is one requirement that many …

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