Professional Liability Insurance and its Importance

What is professional liability insurance? Professional Liability Insurance is the type of insurance that provides coverage for specialists against liability claims arising as a result of errors, omission or negligence in the course of performing their duties to their respective clients. Professional liability insurance can also be referred to as Errors and Omissions Insurance. When you open your office for business as a professional, there is tendency that you will be all out to ensure that you get contracts as fast and as much as possible. You want to quickly finish one job or contract so that you can move Continue ReadingProfessional Liability Insurance and its Importance

Car Rental Insurance: Find Out Whether You Need It

Car rental insurance usually generates controversy among renters especially if they are already covered by one type of insurance or the other. Of course, insurance should not be seen as an avoidable cost. It can provide protection from damages, liability and financial loss. It provides you safety and security against particular events covered in the insurance policy. In case of eventuality, you will not need to pay damages through your nose if you are the cause of an accident. Do You Need Car Rental Insurance? To answer the question whether you need car rental insurance or not, I will like Continue ReadingCar Rental Insurance: Find Out Whether You Need It

No Down Payment Vs Low Down Payment Mortgages

Down payment definition Down payment is the initial amount a buyer pays toward the purchase of an expensive good or service. Certain items such as cars or home usually require huge amount of cash outlay to buy. It is unusual that many people will not be able to afford hundred per cent payment. For this reason, the seller may allow the buyer to pay a portion of the full amount so that he can take the delivery of the good or service. The balance amount will need to be financed by the seller while the buyer pays back the principal Continue ReadingNo Down Payment Vs Low Down Payment Mortgages