BLOG

Negligence is a big factor in insurance claims and lawsuits. For instance, if you leave your home in the morning and then crash into another vehicle, you can be held responsible for any injuries and damages you caused due to your negligence.

Professional liability insurance, also sometimes called errors and omissions insurance, fills in where general liability insurance leaves off. General liability insurance will cover claims for those who suffer some sort of property damage or for customers or others injured on your premises. Professional liability insurance will cover claims for acts of negligence, or errors and omissions, in the performance of the services you provide.

Purchasing a home is generally the largest investment people will make in their lifetime. Though homeownership is part of the American Dream, it is also risky if you don’t cover all the legal bases of events from the past resurface to haunt you and your dream.

You buy insurance coverage for your home, paying rising premiums year after year. When you finally need to make a claim, you assume your insurance company is just going to pay what you think it should. Unfortunately, it’s usually not that easy.

According to the Bureau of Labor Statistics (BLS), about 40 percent of U.S. employers, both public and private, offer long-term disability (LTD) policies. These policies may vary in how a disability is defined and how long benefits will be paid, and it provides compensation when the policyholder is unable to work because of a disability.

If you’re disabled under the definition used by the Social Security Administration (SSA), you may qualify for Social Security Disability Insurance (SSDI) to provide benefits while you are unable to work.

When faced with a serious injury or illness, several issues begin to take priority, including your treatment plan, surgeries, recovery, and the well-being of your family. While it may not take immediate priority, filing a long-term disability claim can be vital as you begin the long road to recovery.

Disability insurance provides income or financial assistance to disabled or incapacitated policyholders – employees and business owners – who are unable to work. Depending on the policy’s terms, your health condition, and other factors, your insurer may offer you a lump-sum payment to buy out your remaining future disability benefits.

If you have an insurance policy, you have to pay your insurance premiums each month. Having insurance is intended to put your mind at ease in the event of an accident. That is why people have a reasonable expectation that their insurance provider will compensate them.

Many employees in Arizona and across the United States are unclear about their rights under ERISA, which stands for the Employee Retirement Income Security Act of 1974. ERISA is a broad federal law that established a set of standards for health, welfare, long-term disability, pension, and other kinds of insurance plans.