Personal property insurance is a crucial component of a comprehensive insurance strategy, offering protection for your belongings in the event of unforeseen circumstances such as theft, damage, or loss. While many individuals are familiar with the concept of homeowners or renters insurance, the specific...
Another policy available at the rental car counter is personal effects coverage. If your rental car is stolen, and you’ve left anything inside, this policy covers those belongings. However, if you have homeowners or renters insurance with Lemonade or another carrier, your personal items are like...
File a claim through your personal insurance. Assuming that the money you get from the airline isn't enough to cover your loss, your next step is any insurance policy you have — such as homeowners insurance or renters insurance — that covers lost possessions. Visa's coverage kicks in only...
Confidentiality is of utmost importance when offering an EAP. Any information pertaining to an employee’s physical or mental health is protected by the Health Insurance Portability and Accountability Act (HIPAA) or other privacy laws. In addition, counselors cannot reveal what they discussed with emp...
What is the purpose of HIPAA? HIPAA, also known as Public Law 104-191, has two main purposes: to provide continuous health insurance coverage for workers who lose or change their job and to ultimately reduce the cost of healthcare by standardizing the electronic transmission of administrative an...
How Homeowners Insurance Works Ahomeowners insurance policyusually covers four kinds of incidents on the insured property: interior damage, exterior damage, loss or damage of personal assets/belongings, and injury that occurs while on the property. When a claim is made on any of these incidents, ...
Dwelling coverage, a standard part of home insurance, pays claims associated with your home’s structure but not your personal belongings. And this coverage is often for only specific “named” perils, or causes of damage, like fire, lightning, smoke, wind, or hail. However, installed fixtures...
The professional indemnity insurance may provide cover against the effects of a mistake being made in any professional services being provided. If any dispute cannot be resolved satisfactorily and is taken to court then the insurance may provide legal cover, and even if the court case is lo...
Monitor your records.This is the best way to catch an identity thief. Always scrutinize your bank statements, credit card statements, medical insurance records, and so on. Use two-factor authentication.Activate two-factor authentication (2FA) anytime you can. It’s not bulletproof, but it makes...
Many experts note that managing risk is a formal function at companies that are heavily regulated and have a risk-based business model. Banks and insurance companies, for example, have long had large risk departments typically headed by achief risk officer(CRO), a title still relatively uncommon...