answersLogoWhite

0

💰

Commercial Insurance

Commercial insurance is insurance for a business and other commercial ventures. It is an important investment, especially in protecting a business from possible loss caused by unfortunate and unexpected circumstances.

1,438 Questions

How hot is the core of the sun in kelvin?

User Avatar

Asked by Wiki User

The core of the sun has a temperature of about 15 million Kelvin (K).

What is the general liability class code for tanning salons?

User Avatar

Asked by Wiki User

Broad GL class code (47367 – sales service organization; exposure base = sales) contemplates the vast array of exposures encountered by event planners, producers and coordinators.

What are the key players in insurance industry in Kenya?

User Avatar

Asked by Wiki User

There are many insurance companies in Kenya. But choose the best insurance companies in Kenya through their past experience and their financial strength.

Research on the companies by visiting their website and reading their reviews.

600 milliliters is equal to how many grams?

User Avatar

Asked by Wiki User

The conversion from milliliters to grams depends on the substance and its density. For water, 600 milliliters is equal to 600 grams since the density of water is 1 gram per milliliter. If the substance is different, you would need to know its density to make the conversion.

How many Burger King restaurants are in Ireland?

User Avatar

Asked by Wiki User

As of the latest data, there are approximately 25 Burger King restaurants in Ireland. To bolster Burger King's presence in the country, our objective is to double this number to 50 by the end of the fiscal year, promoting accessibility and satisfaction for Burger King fans across Ireland.

Freud contended that that which is can cause problems in the form of neuroses or even psychoses?

User Avatar

Asked by Wiki User

Freud believed that unresolved conflicts and repressed desires from our unconscious mind can lead to psychological issues, such as neuroses or psychoses. He argued that these hidden elements could manifest in symptoms like anxiety, depression, or irrational behaviors, affecting a person's mental well-being. Freud's psychoanalytic theory focused on exploring these underlying issues through techniques like free association and dream analysis to address and resolve them.

How much total money is spent on advertising each year in the US?

User Avatar

Asked by Wiki User

In the US, total advertising spending is estimated to be around $240-$260 billion each year. This includes spending on various platforms such as television, digital, print, and radio advertisements.

Is rental equipment capitalized?

User Avatar

Asked by Wiki User

In general, rental equipment is not capitalized unless it is a specific brand name or proper noun. It is typically treated as a regular noun.

Why is commercial crime coverage important?

User Avatar

Asked by Wiki User

Commercial crime coverage is important because it protects businesses from financial losses resulting from theft, fraud, employee dishonesty, and other criminal activities. It can help businesses recover financially and minimize the impact of such criminal acts on their operations and reputation. Having this coverage in place can provide peace of mind and financial security for business owners.

What is the full form of EDC?

User Avatar

Asked by Wiki User

The full form of EDC is Electronic Data Capture. It refers to the process of collecting and managing clinical trial data using electronic systems.

What is the definition of liquor law liability?

User Avatar

Asked by Wiki User

Liquor law liability refers to the legal responsibility that establishments selling or serving alcohol bear for actions committed by individuals who become intoxicated on their premises. This liability can arise if the individual causes harm to others, such as through drunk driving accidents or violent behavior, after being served alcohol at the establishment. Establishments can be held liable for damages if they continue to serve alcohol to patrons who are visibly intoxicated.

Kinds of incentives given by the companies to their employees?

User Avatar

Asked by Wiki User

Companies often provide incentives such as bonuses, employee discounts, extra paid time off, and performance-based rewards to motivate and retain their employees. Additionally, stock options, profit sharing, and career development opportunities are common incentives that companies offer to attract and retain talented individuals. Some companies may also provide wellness programs, flexible work arrangements, and recognition programs as incentives to support employee well-being and engagement.

What is it called when you are sharing financial consequences associated with risk in the industry called?

User Avatar

Asked by Wiki User

Sharing financial consequences associated with risk in the industry is called risk sharing. It is a practice where multiple parties agree to distribute or transfer the potential financial losses or gains resulting from a specific risk. This can be done through various methods, such as insurance, partnerships, or contracts.

Third Party Action over Liability?

User Avatar

Asked by Wiki User

Third Party Action over Liability refers to the legal right of a party (often an employer) to seek compensation from a third party who may be partially or entirely responsible for an accident or injury suffered by their employee. This can occur when an employee is injured on the job due to the negligence or wrongdoing of someone other than their employer. The employer can then file a lawsuit against the third party to recover damages on behalf of their employee.

What is the excess of loss reinsurance coverage effect on unearned premium?

User Avatar

Asked by Wiki User

Excess of loss reinsurance coverage typically has no direct effect on unearned premium. Unearned premium represents the portion of an insurance policy premium that has been paid in advance but has not yet been "earned" by the insurer due to the coverage period still being in progress. Excess of loss reinsurance helps protect the insurer from catastrophic losses by providing additional coverage, but it does not impact the timing or calculation of unearned premium.

What is needed to start a vehicle repo business?

User Avatar

Asked by Wiki User

To start a vehicle repo business, you will need a few essential things. Firstly, obtain the necessary licenses and permits required by your state or local government. Next, secure a tow truck or a transportation method to effectively repossess vehicles. Additionally, create contracts and agreements to ensure legal compliance and establish relationships with lenders or repossession agencies that can provide you with leads.

What does pavillion mean?

User Avatar

Asked by Wiki User

A pavilion is a temporary or semi-permanent structure, often open on all sides, that is used for various purposes such as accommodating events, providing shade, or serving as a shelter. They can be found in gardens, parks, exhibition grounds, or outdoor recreational areas.

How can insurers deal with fraud under property insurance?

User Avatar

Asked by Wiki User

Insurers can deal with fraud under property insurance by implementing robust anti-fraud measures. This can include conducting thorough investigations into suspicious claims, collaborating with law enforcement agencies, utilizing data analytics to identify patterns of fraud, and educating policyholders about the consequences of fraudulent claims. Insurers can also leverage technology solutions such as artificial intelligence and machine learning algorithms to detect and prevent fraudulent activities more effectively.

Why are commercial liability insurance rates based on gross receipts or payroll?

User Avatar

Asked by Wiki User

Commercial liability insurance rates are often based on gross receipts or payroll because these factors provide an indication of the size and scale of a business. Gross receipts reflect the revenue generated by the business, which can be an indicator of its potential exposure to liability claims. Payroll, on the other hand, reflects the number of employees and their wages, which can also be a factor in determining the likelihood and severity of potential claims.

What did Clinton achieve in domestic policy?

User Avatar

Asked by Wiki User

During his presidency, Bill Clinton achieved several key accomplishments in domestic policy. He successfully passed the Family and Medical Leave Act, which granted employees unpaid leave for family or medical reasons. Additionally, he signed into law the Omnibus Budget Reconciliation Act of 1993, which aimed to reduce the federal budget deficit and included tax increases for higher-income earners. Clinton also played a significant role in the passage of the Welfare Reform Act of 1996, which transformed the welfare system by emphasizing work requirements and time-limited benefits.

Cost to insure a 500000 Commercial building?

User Avatar

Asked by Wiki User

The cost to insure a $500,000 commercial building can vary depending on factors such as the location, construction type, occupancy, and the specific insurance coverage needed. Typically, the annual premium for commercial property insurance can range from 0.1% to 1% of the building's value. Therefore, for a $500,000 building, the annual insurance cost could range from $500 to $5,000. It is recommended to consult with insurance providers for a more accurate quote based on specific details.

How much surety bond cost for 2000000?

User Avatar

Asked by Wiki User

The cost of a surety bond for $2,000,000 can vary depending on the type of bond, the applicant's credit history, and other factors. Generally, the cost is a percentage of the bond amount, typically ranging from 1% to 15%. Therefore, the cost could be anywhere between $20,000 and $300,000. It is recommended to contact a surety bond provider for an accurate quote.

Can a landlord get sued because no product completed operations aggregate coveraged by the renters?

User Avatar

Asked by Wiki User

It is possible for a landlord to be sued if they do not have completed operations aggregate coverage provided by the renters. This coverage helps protect against liability for accidents or injuries occurring after work is completed. Without this coverage, the landlord may be held responsible for any damages or injuries that occur on the property.

What happens if the business does not have liability insurance?

User Avatar

Asked by Wiki User

If a business does not have liability insurance, it could face significant financial risks. Without liability insurance, the business would have to pay for any damages, lawsuits, or legal expenses out of its own pocket. This can potentially bankrupt the business or result in asset seizure. Additionally, without liability insurance, the business may struggle to attract customers or clients who prefer to work with businesses that have this coverage.

A policy with aggregate limits will limit only the what?

User Avatar

Asked by Wiki User

A policy with aggregate limits will limit only the total amount that an insurance company will pay out for all claims during a specific policy period. It sets a maximum limit for all claims combined, rather than a specific limit for each individual claim. Once the aggregate limit is reached, the policy will no longer provide coverage for any further claims.