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a division of TRT & Associates, Inc. 
Technology Insurance
Loss Scenarios for IT Firms
  Jury award for compensatory damages.
When a software solutions provider fails to live up to performance commitments made via a contract for a new software system, a local jury awards the plaintiff in excess of $2 million in compensatory damages.
Indemnity Paid: $2,400,000
Defense Cost Paid: $345,000

What’s special about InsureCast?

  • You work directly with principals and receive personal attention
  • Well-established company, in business since 1895, not a fly-by-night company
  • Experience in handling the special needs of technology companies (network security, hacker protection, viruses)
  • InsureCast represents virtually every A-Rated carrier with specialty products for technology businesses so we can market your account aggressively and secure the best pricing available

Who is InsureCast?

InsureCast is a division of TRT, Inc., a NY based insurance agency tracing its roots through 4 generations of family, and incorporated in 1895.

Our customers range from start-ups to public companies. We serve about four thousand clients nationally and throughout the world. InsureCast's marketing territory is national in scope, and we hold property-casualty and life-health licenses in all states except Alaska, Hawaii, Iowa, North Dakota, Oklahoma, and West Virginia. We are dedicated to giving excellent service to all our clients and continue our 117 years of providing business and professional liability insurance. More...


Professional Liability Insurance for Tech, Software, Internet, IT and Biotech Firms

Today, even the most cautious business owner may be subject to an errors and omissions lawsuit at some point. Mistakes Happen. Every company is at risk at some point. That’s why choosing the proper insurance coverage — from the right professional liability insurance company — is the most important decision you will make to protect your business and your professional reputation. InsureCast, a division of TRT, Inc. provides a wide range of professional liability insurance products to the technology and IT industry:
Professional Liability Insurance (E&O)
Cyber Internet Liability Insurance
Media Liability Insurance
Network Security Insurance
Directors & Officers Insurance
Employment Practices Liability Insurance
Fidelity Crime Insurance
Fiduciary Liability Insurance
Group Personal Excess Liability Insurance
Intellectual Property Insurance
Kidnap/Ransom Insurance
Workplace Violance Insurance

We Write Professional Liability Insurance for Medium and Large Companies Only

If your projected revenues are between $1,000,000 and $100,000,000, and a minimum of 10 employees, then we want talk to you. We have found that we are really competitive in this segment and larger companies appreciate the value added service, as well as our experience in the technology sector.

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5 Common Risks Covered by a Web Hosting Insurance

By Maria Neubauer Posted 1st Feb 2019

As a web hosting business, you work behind the scenes. Your business seems unknown, but it strives in providing services such as file storage, maintenance, and any other hosting services that businesses utilize on a daily basis. However, your invisibility does not shield you from risks. In fact, some risks can ruin your Vps website hosting or even reduce it to zero. That is why you need insurance coverage to mitigate the risks. Here is a look at five common risks covered by a web hosting insurance.

General Liability

If someone incurs an injury while in your premises, you are responsible for their misfortune. That means they can slap you with a lawsuit that not only consumes your time in courts but also costs you money and may even damage your reputation.

Apart from the bodily injury, your business can cause damages to a third-party property which you are obliged to compensate. As a business, you might also find yourself sued by competitors especially with regards to advertisements. The advertisement may lead to copyright infringement or even slander or libel. With a general liability insurance policy, your business is protected, and it further goes to cover you from frivolous lawsuits that might come your way.

Errors and Omissions

The nature of business a web hosting company undertakes exposes you to risks involving customer complaints. It may be a development that causes your client’s server to experience downtime or simply technology that your customer cannot easily get around; such frustration may end up in a lawsuit.

Such lawsuits can be costly, especially if they end up in a courtroom. Why? It’s mainly because the technical terminologies may be your stronghold but the same does not apply to everyone leading to prolonged court time. The errors and omissions insurance policy comes in handy to ensure that your business does not suffer irredeemable damages.

Workers’ Compensation

No matter how safe your working environment is, there is no telling when an accident may happen. When such accidents happen, and your employee incurs bodily injury, the workers’ compensation sees to it that your employee’s medical expenses and lost income is handled. A workers’ compensation insurance is quite significant to the point that many states require employees to have it.

Cyber Liability

Regardless of how safe your system is, there is a chance that a cyber attack will happen to you or your client’s business. In such a situation, you need to control the damages including lawsuits if the attack occurred to your client. Keeping up with cyber attacks is hardly possible, meaning that you cannot guarantee 100% safety. For this, you need cyber liability also known as data breach insurance to mitigate the risks.

Commercial Property

Your property is prone to theft or damages such as water or fire damage. Commercial property is an invaluable coverage that any business, small or big, cannot afford to ignore. The cost of replacing your equipment and the downtime you experience at such moments can ruin your business, stressing the need for comprehensive commercial property insurance.

There are other insurance coverage options available that a web hosting can opt to add depending on your needs. However, regardless of how small or big your web hosting business is, the above common risks are a starting point. Operate your business with the peace of mind you deserve by considering the web hosting insurance policies available.


Do Car Insurance Agencies Do Background Checks?

By Maria Neubauer Posted 30th Jan 2019

While owning a car comes with its benefits, it also has its challenges. For instance, you need routine repairs and maintenance to keep it running. Moreover, you need car insurance, a necessity that is required by law. As you go on to shop for car insurance coverage, you need to check Background Reports: Best Online Background Reports of 2019 to know that any car insurance agency will undertake background checks. Here is what they examine:

Driving History

The first thing car insurance agencies look at when determining the premiums to charge is your driving history. If you have been involved in multiple accidents, and in most of them, you were at fault, you are seen as a risky customer. That means your premiums will be higher in comparison to a person whose driving history is clean.

Criminal History

Criminal records can haunt you for a very long time. Car insurance background checks that find your account tainted with concerns such as driving under the influence (DUI) and reckless driving raises red flags. When considering criminal history, there is a difference between being charged and convicted. It gets worse if the records show that you were convicted. Your premiums will skyrocket the moment your criminal records put you at peril.

Credit Score

Well, like is the case in most insurance policies, your credit score is used to weigh your financial capabilities. Individuals with a bad credit score are seen as risky, meaning that their premiums will be higher. Such individuals are also viewed as the ones who are capable of faking an accident to make an insurance claim.

Car Model And Usage Frequency

Apart from determining whether the car is new or used, car insurance agencies also do a background check to determine the model and how frequent you use your vehicle. Used cars get higher premiums since they are likely to breakdown more often than new ones. If your job requires frequent travels, the car insurance agency will put such information into consideration as the driving frequency also increases the risks of accidents and car damage.


Well, you may not know this, but your area is also a factor in determining your car insurance costs. If you live in a low-crime rate zone whose economic status is positive, you are considered to be safer, so you can get lower premiums. However, if you live in a neighborhood where the crime rate is high and with low-income status, the possibility of finding underinsured cars is high, not forgetting the risks of vandalism. That puts you at peril, meaning that car insurance agencies will see you as a risky customer who will be charged with higher premiums.

The insurance business is a risk-taking venture and background checks are essential in lessening the risks. Different factors are considered while determining the risk level of varying customers. If the records show that there is a high likelihood of making a claim, your insurance cost will be high. Learn how such concepts affect your car insurance and how you can avoid unnecessary hikes.


Scientific Facts That Explain Why Insurance Agents Should Read More Inspiring Quotes

By Maria Neubauer Posted 21th Jan 2019

Convincing people to buy insurance covers is one of the toughest jobs there are as many people are not willing to spend their hard-earned money on things that they can do without. Therefore, insurance agents should come up with inspiring quotes that are convincing enough to clients. Quotes by Jay Shetty have been scientifically proven to motivate people to do something that they were unwilling to do before.

When a business becomes tough for insurance agents, they should turn to the use of appealing quotes to win the hearts of more clients. Some of the inspirational quotes that ignite a clave for insurance covers are all over. These quotes are associated with famous and influential personalities.

Moreover, due to the stressful nature of the work that insurance agents do, they need to get motivated. Their work is tough, and they need inspiring quotes to keep them on duty.

According to Farder, the process of self-selection selects people attracted to motivational sayings. As you read a quote, the message becomes implicit, creating a dialogue within one’s mind. Ward Farnsworth, the dean of the University of Texas School of Law, inspirational quotes have powers to convince people. Therefore, if you are an insurance agent, and you want to improve your sales, you must consider using quotes at work.

Does Judgement Get Affected By The Way People Express Ideas?

According to Farnsworth, one’s judgment is affected by the phrases used in passing the idea. The details of wording cause a major difference in understanding different individuals. There seem to be many ways to relay a message, but some ways are more appealing than others. They tend to be more pleasing and convincing to the individual depending on how words are aligned.

The use of metaphors has an impact on how an idea becomes compelling. The main aim of using metaphors is to make the subject issue more visible and simpler. For a man to be successful, he needs to be inspired by role models and leaders they pledge their loyalty to. The fact that leaders are in an office makes people think that these leaders are smart and intelligent. This perception is a moral drive.

Vince Lombardi’s inspirational quote, “The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will.” This inspiring quote adds morale to any insurance agent, delivering the message that knowledge and strength are not enough to be successful in the field. One needs to have a strong will to succeed.

Therefore, for insurance agents to become successful career-wise, they need to apply inspiring quotes in their day-to-day activities. This promotes a positive attitude towards the job. During tough times, insurance agents need to keep themselves motivated and stay resilient to obstacles that might demoralize their efforts.

Indeed, an insurance agent’s job is not easy. It takes time, effort, and a lot more for one to survive in the tough insurance industry. If you’re on the brink of giving up, read inspiring quotes and get motivated.


What You Need to Know about Writing and Publishing Insurance

Writing and Publishing Insurance
By Maria Neubauer Posted 20th Jan 2019

When you’re not employed to a specific company but you’re still earning, you’re already considered a freelancer. That also means you don’t receive the usual incentives of employees such as a health care, 13th-month pay, et cetera. But, are these incentives really necessary when you’re in the working class but at home seated on your desk with a laptop and writing cheap essays? Let me define some terms for you:

Insurance – something that provides protection to a person against a possible eventuality or some unforeseen circumstances.

Freelance writers – usually home-based employees whose job is writing essays, articles, content, e-books, blogs, research, or basically writing anything. They take jobs from different companies depending on their availability.

Publishers – companies that produce or disseminate written information on specific topics and specific genres. Publishers may also be the writers.

How do they all connect?

Writers, when they take jobs from different companies, have to make sure that they submit on or before the deadline presented to them. When they fail to do so, publishers or their hiring company/employer have the right to sue them. That’s when the insurance comes in.

Same goes with the publishers, who also need to protect themselves from whatever unforeseen circumstance that delays the delivery of data.

Insurance for publishers and writers have three common types:

General Liability Insurance

 This is the most ideal insurance policy that writers and publishers should get – one of the most basic. It covers protection from bodily injuries, medical costs, property damages to the policy owner or someone the owner has done damage to in relation to their business, and the like. Most contracts require this insurance policy because of its broad coverage of protection. If you’re a big-time writer or a rising publishing company, then you should really consider securing this.

Professional Liability Insurance

This one is more specific and protects the professional aspect of the person more as the title suggests. The policy covers contract disputes, plagiarism or copyright, and trademark infringement, allegations of personal or advertising injury such as libel, slander, defamation, and disparagement. These are just some of the most common unavoidable issues that writers and publishers encounter. Securing this policy also entails prevention from further damage to the person such as when human error is in the picture. This policy is also called the Errors and Omissions Insurance.

Business Owner’s Policy

If the General Liability isn’t enough and you wish to be more assured of your business or outputs, then the Business Owner’s Policy is for you. It combines General Liability and Commercial Property Insurance. It covers the repair or replacement of business properties caused by force majeure. If you have a home office, a homeowner’s insurance doesn’t always cover losses of your business properties inside your house. That is why this insurance policy is most helpful for the most successful freelance writers and publishers.

The decision on whether you will get an insurance policy or not solely depends on you as a worker. The basic question is, “Do you have enough finances to secure yourself an insurance policy?”


Tips in Picking a Health Insurance for your Delivery Business

Health Insurance for your Delivery Business
By Maria Neubauer Posted 22th Dec 2018

In a home meal delivery business, your employees are your greatest investment.  The health insurance an employer provides to his people is one key factor for an employee to stay with him in the long run.  It is also a great way to attract applicants to come to their doors.  This is also a key factor in the productivity and satisfaction of the ones who are currently employed because healthier employees mean healthier bottom line for the employers.  That's why the big home delivery brand like https://myfoodsubscriptions.com/food-delivery-service/sun-basket-review-promo/ always provide health insurance to their employe, here are 4 tips that can help you select the best health insurance plan for your business.


There are three channels for availing a health insurance plan for employees.  They are as follows:

Defined Benefit Plan - This is your traditional way.  The employer gets a group plan with which employees can avail services within the limits of the network and the conditions of the plan.

Defined Contribution Plan - With this method, the employer gives an allowance, and then it’s up to the employee to select which plan suits him/her best.

Professional Employer Organization - Simply put, this method is like outsourcing a business task to another company like an HR function if the employer cannot hire an HR staff on his own for his company or if he’d rather spare himself the headache of having to deal with the other aspects of running his business.  For this specific case, a home meal delivery service business would likely want this setup so as to focus on the operations and production side of the business.  This method uses the co-employment model where the business owner is still the one in charge of operations while the PEO will be the one handling the health insurance tasks.  This will reduce insurance costs and at the same time, benefit plans of large enterprise levels will be available and more affordable for even the small business owner.


After familiarizing yourself with the three channels, you now have to study the types of plans that you can provide for your home meal delivery service employees.  We also have three of these:

Health Maintenance Organization - This costs lower, but the healthcare network is limited.  Your employees will need referrals to go to a specialist.

Preferred Provider Organizations - This is much more flexible.  With this plan, your employee can go to a physician of his/her choice even if it is out of the network.  The premiums for this though are much more expensive than HMO.

Exclusive Provider Organization - This is a hybrid of the two plans above.  A network of providers will still be available for your employees like an HMO, but they won’t need a referral to go to a specialist.


The next step is pretty much straightforward.  Know your employee’s needs.  An expensive health care plan doesn’t mean it’s the best one suited for your business.  It is not a one size fits all concept.  That’s why you have choices.  The consequences of choosing the wrong plan would lead to bigger deductions or downgrading of benefits.  For a home meal delivery business, most likely, your workforce is made up of healthy and young people.  Knowing this can avail you plans that have lower monthly premiums.


If after the reading the first 3 steps still leaves you unable to make a decision, then the last step is to check out what your competitors offer.  You can find this out by viewing their website.  Try

to match or better yet, surpass the insurance plans that they offer.  This would make you the best destination for applicants.

The ideal insurance doesn’t have to be expensive and complicated.  It could be affordable, but at the same time, also efficient in ensuring that the workers’ medical needs are taken care of, and most important of all, they have to be easier to manage so as not to divert your focus in running your home meal delivery business.


The Necessary Legal Paperwork for Your Car insurance

Paperwork for Your Car insurance
By Maria Neubauer Posted 12th Dec 2018

Having a new car is surely an exciting feeling! You can travel to the places you’ve always wanted to go. No more hassle in commuting to your office or anywhere that you need to go.

But before you enjoy your new car, you should also be responsible as a car owner. You should do all the start up legal documentation that is necessary for your car insurance.  

Here is the list of the different documents mentioned by experts from founderdocuments.co.uk that you’ll need to gather in order to process your car insurance.

Current Declaration Page

If you already have an existing car insurance policy, you should not overlook this. It’s important to provide your current declaration page to the new insurance company that you’re applying for. This will serve as your proof that will certify that your car has an insurance. This document will also let the insurance agent know what kind of coverage you currently have on your car.

Driver’s License

One of the documents that an insurance company will require you is a copy of your driver’s license. Usually, companies will need to get your license number to verify the validity of your license. They will also look up for any violations that you may have had in the past.

Paperwork for Car Insurance Discount Verification

If you’ve been a safe driver, you may be qualified to get a discount on the insurance policy that you’re applying for. But to avail of that discount, you may need to present some paperwork. If you’re eager to get the discount, prepare the necessary paperwork.

Proof of Home Ownership

In some cases, some insurance companies don’t just reward discounts. Some companies only acknowledge and grant homeownership discounts. But to avail of this discount, you will need proof which can be any of your tax documents or maybe a homeowner’s insurance policy.

Report Card

If you’re a student or if the new car that you want to insure is for your child, one of the things you’ll need for the insurance paperwork is proof of good grades. You can use this proof in order to qualify for a good student discount. Take note that you will need to present a current report card to show that you or your child passed the requirements.

Proof of Membership

Offering membership discounts is very common among insurance companies. Make sure to ask your insurance company about how you can qualify for a membership discount. Just present the necessary proof of membership in order to qualify for the membership discount.

Car Insurance Policy

Once you have availed the car insurance policy that you need, it’s important for you to take the time to read and understand it. It will cover everything you need to know about the coverage of your insurance policy.

These are just some of the necessary legal paperwork that you’ll need once you process for a car insurance policy. Even though these may be a lot of work, some of the necessary documents can help you avail of discounts for your car insurance policy.

Once you’ve availed the car insurance policy that you need, remember to take your time in reading all the legal information contained in the document. It’s better to know what you need to know now than be surprised and be hassled in the future once any problem arises.


What Type of Insurance Policy Should Food Delivery Drivers Get?

Food Delivery Drivers Insurance
By Maria Neubauer Posted 21th Nov 2018

Many consumers are glued to their phones. A recent study showed that on an average, Americans check their phones about 80 times a day. Mobile-based companies took this opportunity and have really succeeded in recent years. They have altered the way consumers buy in so many ways, and one of the most common changes that you can see today is how people order their food online, thus leading to a lot of delivery companies.

Most companies have tried to boost their business by partnering their company with home delivery meal services like Uber. Customers can now get meals by home chef without leaving the comforts of their homes. However, this industry also has some challenges for the people working in it, especially the delivery drivers. With all these risks, it is necessary for them to have insurances. For those who are trying to get one, here’s what you need to know:

Selecting The Best Insurance

While on the road, the food delivery driver could experience several risks. There are pedestrian incidents, fender benders, and traffic jams. They face almost the same risks that daily commuters face.

The insurance of choice should, therefore, be a personal insurance. This will cover any accidents that may occur while on the job. The insurance companies know that drivers operating the automobiles spend a lot of time moving from place to place. Thus, they have a higher risk and means that there is more money for the company, which is why they do not tell the consumer this insurance policy.

For those drivers who are not informed and are not provided with an insurance policy from their owners, it’s best if you secure your own to avoid more loss in case you face an accident while working.

Getting Insured

There are several options for drivers who want to stay protected on the road. Some employers provide non-owned and hired vehicle liability insurance. This is for the drivers when they use their personal vehicles for work activities

Common auto insurance companies provide physical damage protection for business automobiles. The loophole in this insurance is that the vehicle should be owned by the company. Employees using their own vehicles for work purposes are not covered. If a food delivery driver unknowingly signs up for this insurance, they will end up paying for any damages that may occur in the event of an accident while on the road.

Using personal vehicles are hired and non-owned (HNO) coverage liability as compared to commercial auto liability. HNO is the best coverage. Whether the driver is an independent contractor or a full-time employee, the employer is liable for any damage that may occur during the work. Plus, the employer is responsible for any accident that the driver may get involved in or any physical damage their vehicle may be involved.

Things to Consider

Find an insurance company that strives to provide the best insurance policies for the people in the commercial sector. Also, take note of their experiences and make sure that their policies cover brokerage property, transportation, specialty programs, garage, and so much more.


Food drivers should get insurance policies that will cover them. With a good insurance policy, they will be able to work more efficiently and without any worries.


Insurance for Film Production

Insurance for files
By Maria Neubauer Posted 10th Nov 2018

Film producers are tasked with the responsibility to oversee the activities on the making of a film. However, they are faced with financial risks and other exposures that can affect their productivity. Professional indemnity insurance from putlocker will minimize the production hazards that they are likely to experience so that they can focus on achieving their vision.

Risks that Film Producers Are Exposed to:

  • Failure to raise the required funds
  • Failure to allocate resources and control the budget
  • Failure to read, research and access ideas and finished scripts
  • Negligence in organizing shooting schedules
  • Negligence in offering guidance
  • Failure to build and develop a network of contacts


Duties of Film Producers and Why They Need Professional Indemnity Insurance

Film producers are tasked with a lot of responsibilities in order to ensure that the project of creating a film is successful. Some of the responsibilities of film producers include:

  • Raising funds for the project
  • Allocating resources and controlling the budget
  • Supervising the production and posting the production of the project
  • Organizing the shooting schedules and hiring the crew and key staff
  • Hiring the directors and holding regular meetings with them to discuss the scenes and characters
  • Acting as sounding board for directors
  • Pulling together a sound team
  • Holding meetings with financial backers to discuss the projects
  • Securing the rights to plays, novels and screenplays

With these and many other duties that film producers are tasked with, they are prone to various risks and claims from parties involved in the project. It is, therefore, important that they acquire a professional indemnity insurance that will provide coverage against damages and legal defense costs in the event of a lawsuit or claim.

Features to Consider When Choosing a Policy


Different insurers charge different premiums depending on the class of insurance policy. The premiums may also vary with states due to differing stamp duty rates. Basically, the Professional Liability (PL) premiums are determined by the number of staff working in your project while the Professional Indemnity (PI) premiums are determined by your turnover. It is, therefore, vital that you shop around first so that you can choose an insurer with reasonable premiums.


The right insurer will provide film production insurance that will provide coverage for risks associated with your production. Look for an insurer that will review your project and will offer excellent coverage at low premiums. Do some research online and check customer reviews so that you will know if you are dealing with a reputable and reliable insurance service provider.


Production can be stressful and daunting, so you surely don’t want to deal with the long application process of acquiring professional indemnity insurance. The best insurance company will design their policies such that it only takes a few minutes to apply and be issued with the Certificate of Insurance.


It should be easy and quick to renew your professional Indemnity. The best insurance specialist will save the details of your insurance renewal in order to make the renewal process even quicker. Besides, the insurer ought to send you renewal remainder email at least a month before the renewal date.

Professional indemnity insurance comes in handy for film producers as it provides the essential financial protection from damages and costs in the event of a claim. This way, film producers do not need to go back to their pockets in order to finance a film or pay legal costs.


How to Raise Capital for Your Business Using Cryptocurrencies

Raise Capital for Your Business
By Maria Neubauer Posted 08th Nov 2018

The way the world does business has changed. Even the way we start businesses has revolutionized as well. Funding businesses now transcends the usual cash or banking scenario. Cryptocurrencies are the game-changer. Gone are the days when we were limited to the traditional sources of finance and funding. The fast track to venturing capital freedoms lies in the use of initial coin offerings or ICOs. They have exploded in the past few years as the new and most efficient way of funding businesses, product development, etc.

According to the Cryptocurrency gurus, the biggist crypto signals of evolution is, you no longer have to ask your family members and friends for a loan. You now have the whole world as your potential source of funding.

ICOs Are Not Crowdfunding

ICOs are not crowdfunding since the latter has to rely on other people’s generosity for you to come up with the capital. Some crowdfunding deals offer their products or services in exchange for your funding, but with ICOs, it’s different. Instead of offering investors products or services, digital tokens or coins are sent in exchange for the investment in the form of digital currencies like Bitcoin. So instead of like just looking for donations, people are more eager to fund your startup as your new cryptocurrency could mean money to them in due course.

ICOs Bring in Millions of Dollars

ICOs across the world collectively have generated billions of dollars! Some companies even earn a matter of millions a day as they launch their ICO. Companies offer white paper to their viewers as a proof of their business plan or product/service. You can buy ICOs by registering to the startup companies’ websites or making use of third-party providers like Ethereum. It’s actually a huge industry, yet some people are not familiar with it at all.

Buying and Selling to Make Money

After getting the money earned from their ICO, companies can now operate their business, hire people, rent space, test products, establish marketing, or even do another ICO again to make generate more money for their venture. Since there’s no bank or government regulating digital currencies, the amount of money you can pool is virtually limitless. This then gives startups huge buying and selling power as they can just offer more cryptocurrencies should they need more capital.

The Pros and Cons of Raising Cryptocurrencies as Capital

Even if cryptocurrencies sound great for funding your ventures, you may still come across troubles along the way. For instance, China banned ICOs in the whole country. This is mainly because unregulated money can be dangerous. Another risk is that many companies are frauds. Lots of entities just make fake startup companies to gather digital currencies, leaving thousands of investors out of cash. Investors need to practice caution when funding ICOs or even when doing crypto trading or Bitmex trading. However, sans all the cons, ICO is actually a revolutionary advancement. It’s easier, faster, and could potentially offer more support to aspiring businesses, given they are decent and sincere with their intentions. If you’re a passionate entrepreneur wannabe and only capital is standing in the way, give ICOs a try and experience its power.


Insurance for Waste Management and Recycling Explained

Insurance for Waste Management
By Maria Neubauer Posted 29th Oct 2018

What is Waste Management and Recycling Insurance?

Waste management and recycling insurance is a policy that covers the business assets and employees and public liability depending on the risks at hand. Managing the risks in your waste management business is of paramount importance.

Thus, you need to identify insurance policies that are designed for the recycling industry. However, it can be daunting to find the right insurer with the right understanding and thoroughly covers for the recycling and waste management sector. Specialist insurers will try to understand the nature of your business and the risks involved in order to offer you the most reasonable premiums.

Also, when the insurer has an in-depth knowledge of the risks and covers required, they will be able to minimize the restrictions of your cover. You therefore need to do extensive research in order to find brokers that offer insurance products that will suit your waste management business needs.

Who is Waste Management and Recycling Insurance For?

This insurance policy is suited for dumpster rental Watertown NY services in the waste and recycling industry. It covers waste management companies that are involved in clearing waste such as:

  • Green waste
  • Electronic waste
  • Material recycling facilities
  • Clearing domestic waste and building materials
  • Household waste along with Mechanical Biological Treatment technology
  • Landfill sites
  • Skip hire operators
  • Industrial trade waste
  • Incinerator operators
  • Glass, paper, metal, plastics, textiles and wood waste

How the Waste Management and Recycling Insurance Works

  1. Employers Liability- This insurance covers the cost of legal action for injuries or illnesses on employees.
  2. Business Interruption- The recycling and waste management insurance also covers your gross profit if your business does not operate at full capacity.
  3. Public Liability- This policy covers claims made by the public for injuries or damages on property.
  4. Building and Content- The cost of repair of your damaged machinery and plant insurance is covered.

Why Waste Management Businesses Need this Cover

Peace of Mind

When you know that your business assets, business interruption, building, and employers liability are covered, you will have better peace of mind.

Legal Requirement

This cover helps you comply with the Health and Safety COSHH regulations which are statutory for most states. This will help you follow the rules set by environmental protection agencies and meet the strict government standards.

Builds your Business Reputation

It is without doubt that this cover will help you build a positive image among your clients. What’s more, it meets the criteria for trade association membership; hence, it is more likely to enhance your business reputation.


If you are looking to get into the waste and recycling industry, you need the right insurers. The right insurers will provide you with exceptional services in order to help you cope with the challenges and risks that your business is exposed to. Access to a wide range of policies will establish a strong base for your business and enhance your reputation.



Will Infographics Stay Relevant in the Insurance Industry in 2018 and Beyond?

CBD Oil Insurance
By Maria Neubauer Posted 23rd Oct 2018

Due to the increased competition, start-ups will be forced to adopt more ingenious marketing methods to get ahead of the curve. While this would require extra capital, the rise of social media can help them run their campaigns in a cost-effective and efficient way. Therefore, affordable techniques such as the use of social media and infographics have made it easier to present new ideas in a visual format in a way that is comprehensible and engaging to the viewers. Moreover, image distribution sites promote this type of content marketing.

It is a fact that digital marketing is influenced by changing trends. Initially, advertisers used to employ fake reviews and generic stock pictures to convince the consumers that a product was useful. However, personalized graphics have replaced the previous techniques as a cost-effective alternative. It is essential for a graphic design expert from Singapore to consider current marketing trends across industries to be able to present relevant content. This will prevent losses that would otherwise follow a mediocre marketing campaign. Especially in the insurance industry whose competition is also getting tighter and tighter, marketers have to extract all means to possible to up their game. One of the classic ways to ensure success is infographics. Engage a creative professional from the design industry and they will tell you Infographics are here to stay because of the following reasons:

More marketers believe in genuine graphics

 It is the responsibility of a marketer to gauge whether a content type suits the brand’s need. According to research, 41.5% of marketers are convinced that infographics are the premium visual tools that can potentially hold the audience’s attention for a longer time as compared to just plain texts. Moreover, research shows that they deliver a lot of data in a way that is more memorable and understandable.

It is easier to design Infographics

As competition among marketers intensifies because of the universal application of infographics, graphic design programs are emerging to satisfy the increasing demand for attractive visuals. The cloud-based variety including Piktochart and Canva is incorporating drag and drop tools that make infographic creation a breeze. Moreover, they provide templates that are tailored to infographics. Furthermore, the freelance designers on online marketplaces such as Upwork come up with infographics at reasonable rates.

Adoption of Mobile Technology

As the number of people using mobile gadgets increases, it is becoming a must to create content that is optimized for small screens. Naturally, infographics and other visual forms such as memes and videos are perfect for this setting because they present in-depth data and allow mobile users to magnify the text contained in them for better visibility.

Slow adoption of VR Technology

The development and implementation of virtual reality technology are somehow experiencing a stagnation. This is contrary to the popular view that virtual reality was destined to be a replacement for other visual forms of content marketing. Moreover, the dwindling sales of virtual reality products further highlight the problem. Consequently, most marketers are returning to methods that are proven and tested including infographics.



Can CBD Oil Use Be Covered by Insurance?

CBD Oil Insurance
By Maria Neubauer Posted 27th Sep 2018

CBD oil or Cannabidiol has been quietly known around the world as a cure for most common diseases. It has components of 113 chemical compounds found in marijuana, but these have proven to be the most non-psychoactive components of it. Due to the proven medical effects of CBD oil, these have been legally sold in some countries. CBD oil has been known for the treatment of various types of cancer, including colorectal, lung, and breast cancer. It is even considered by advocates as a miracle medicine.

Does health insurance cover CBD products? For now, it is available, but it is scarce.  There have been debates that have been going on for decades on adding CBD products in health insurance plans, yet it raises controversies every time. The major reason why CBD products are not covered by health insurance is that it is not approved as a medicine by the FDA or the Food and Drug Administration.

One of the known insurance companies that cover CBD treatment is Sunlife Financial Canada. This is the effect of legalizing medical cannabis in the country. Sun Life announced last early this year that the employer can be allowed to add CBD treatment options in the group benefit plans. The coverage ranges from $1500 - $6000 per year for each person. 

In most of the countries, for patients dependent on the CBD treatments will have to take money out of their own pockets to pay for medication. CBD has a biphasic effect on sleep, the effect may depend on the dosage taken by the patient.  Disregarding the different studies and individual testimonies about the advantages of medicinal cannabis, there is yet an absence of firm clinical reports. Patients prefer CBD treatment since, unlike traditional medicine, the CBD effect is immediate and are proven to have no side effects or withdrawal syndromes. With no psychoactive effects and a lot of health benefits, CBD treatment is a win-win for patients.

Despite the effect of CBD oil in treating illnesses some government is still not supporting its use. In spite of this, however, CBD is generally accessible over the counter in dispensaries in the states where pot is legal. It is also hard for the insurance companies to cover this since the government itself lacks support. It might be also risky on the part of the government to legalize these type of product as some might abuse its use.  This has not deterred its advocates, however, who have been increasingly working for its legalization.

As it looks at this moment, the long-haul fate of weed lawfulness is still dreary, in any event on the government level. Things are clearly on the uptrend inside individual states yet weed change activists are yet treading water regarding attempting to get the Feds to recognize our darling cannabis. Hopes are still up for those who are dependent on CBD treatment that time will come insurance will cover their treatment. It will be a positive change for the low-income patients.



NJ Flooding Causes Insurance to Expand

Home Insurance
By Maria Neubauer Posted 10th Sep 2018

A strong storm flooded Robert Ferris's house in Greenbriar Senior Living Community, Brick, New Jersey in three inches of water. Over two hundred houses in Brick got damaged. A few houses in Howell were also affected. Freakish storms now happen regularly. Homeowners should now consider adding another layer of protection. Flood insurance should be the biggest consideration.

The damage done on Ferris's home was still considered tame. However, rescuers still needed to rescue his neighbors using boats. This kind of flooding has not happened since hurricane Sandy in 2012, and that was six years ago.

The homeowners who were affected face the possibility of repairing their home and paying as much as thousands of dollars.  Though most insurances cover pipe bursts or flooding in the kitchen, the policies do not usually include flooding from hurricanes or storms.  Not many homeowners have flood insurance included in the cheapest home insurance policies simply because it does not happen at all. They said that they were offered flood insurance but they chose not to get. They also reasoned that their houses were not in flood-prone areas as indicated by the Federal Emergency Management Agency, a federal agency that creates hazard maps to indicate flood risk areas.

Ferris had to see his home slowly being swallowed up by water. He stated that he blames the newly constructed Garden State Parkway for the flooding in his neighborhood. Ferris said that the parkway's interchange for funneling caused the rainwater to run off down to his neighborhood.   As a result, a few state assemblymen asked the Department of Transportation of the state to look into this possibility. 

With the threat of stronger storms looming in the horizon and the allegedly bad highway planning and engineering, the homeowners are starting to get desperate. The frequency of freak storms are growing, and one of the causes of such anomaly is climate change.

The warmer the air is, the more water vapor it can hold. This means that extreme rainfall can happen anytime. There is also a higher chance of early morning showers.

The homeowners are encouraged to take into account the changes in the climate and add extra protection such as insurance policies that cover natural calamities.

Not being in the flood risk zone is not an assurance anymore and people are now looking at getting policies for their homes. The insurance price for homes that are not in the flood zones is not as high.

Those that are not in flood risk zones can choose to have the preferred risk insurances. Preferred actually loosely means affordable. You can a $344 insurance that will cover your whole property. Cheaper policies can be bought for about $100 yearly if the $300 is a bit too painful for the pocket.

For Frank Valente, an insurance agent, an insurance policy that costs a little over $500 dollars is actually great. He says that people 's interest in flood insurance naturally increased and expanded after hurricane Sandy last October 2012. Although the memory of the disaster is naturally fading, Valente says that it has become his duty to remind everyone to be cautious. He also says that most agents will probably say the same thing. A simple flood can ruin everything you have invested in, including your house.

Now, insurance apps are expanding simply because it is easier to access. It also is not as overwhelming as having someone talking to you about policies. Plus, you have the advantage of checking the details of your insurance anytime and anywhere as long as you have a phone or tablet with you.



Purchasing a Trip Insurance to Cover an Award Redeposit Fee

Travel Insurance
By Maria Neubauer Posted 3rd Sep 2018

When it comes to travel insurances, are award tickets or airline miles covered? If so, how does this work?  First of all, if you are planning to get an insurance to get its rewards and benefits, keep in mind that every trip insurance provider has its own policies.

For instance, airlines such as American Airlines offers an insurance policy that they call the AAdvantage. For just $13, airline fees like trip cancellation, trip interruption, and travel and baggage delays, will already be covered. Plus, redeposit fees are also included. You can also get the Trip Protector Select. Its coverage includes medical and dental emergencies and travel and baggage delays for just $24 per day for each individual. Incidentally, frequent flyer or airline miles are not covered by most trip insurance policies.  On the same note, selling airline miles is also not encouraged by airline companies although there are some mileage broker sites, like here, that are willing to buy them from you.  Some frequent travelers can opt to sell their mileage awards to finance their trip insurance. 

You can choose whatever you deem is acceptable for you and your budget as there are several other insurance policies out there, too. However, the problem with these basic policies is that they only provide minimal coverage.

So, yes, you can purchase a trip insurance to cover an award redeposit fee, but it is not a guarantee that all insurance providers will have this. That is why you definitely have to go back and forth when searching what is ideal for you. If you are not familiar with how this works, it would definitely help if you start practicing estimations as well.

To put it simply, start by calculating your total flight expenses and adjusting it according to the offers given by the insurance provider. Doing this will narrow down your list of policies and allow you to pick what works for you and what does not.

However, before you decide on an insurance policy, be mindful that most of these trip insurances do not have a detailed list of eligible cancellation or interruption causes. You are not necessarily encouraged to abandon the idea of getting an insurance, however. It is just that you have to know what causes are eligible so that you will not end up regretting the decision to get such a policy.

Without knowing the specifics, there is a high chance that you will never get your award redeposit fee. So, never speculate when booking for a flight, especially when you are already set on getting an insurance without meticulously understanding its scope beforehand.

For most of the individuals who are new to this, it is easy to get persuaded into getting the wrong insurance. In fact, many do not even realize that they are paying more with an insurance versus not having one at all. It is not about trip insurances posing as scams. It is the laxity of the person buying the insurance and his inability to know the total package of an insurance policy.

As long as you are eligible and you know the coverage, you can certainly use your trip insurance for cancellations and the like. Trip insurances should not be deemed as unnecessary as it comes with a lot of advantages. At the end of the day, it is all about you, so find some time to contemplate for a bit and weigh things down. Do you really need one right now? How often do you travel and book a flight? Will this be beneficial to you in the long run? Knowing what you really want from a trip insurance will not only save you money but time and effort as well.



How important is Insurance for your Binary Options?

Binary Options
By Maria Neubauer Posted 30th Aug 2018

We all know how insurance works, but have you taken a moment to consider the possibility of safe guarding you binary options? If not, then let's delve into the details and find out why this could be the best technology insurance decision you could make.

Paying insurance on everyday items like our health, our cars or our homes is common practice. This is done because it provides the safety net needed for when things go wrong with the risks that life regularly delivers. This same concept can directly be applied to your binary options trading too. The principal of trading binary comes down to a trade based on an assumption of the market. A trader would assess this assumption and decide the likelihood of it eventuating followed by a shift trade. On the flip side, any trader who has read binary options for beginners would know that if they believe the assumption to be incorrect, they would sell.

However, where the waters become murky is when dealing with regulated or non-regulated brokers. A key difference between the two is the insurance on offer.

Enter Binary Options Funds Insurance

Started by the Investor Compensation Fund for Customers of Cypriot Investment Firms, this Binary Options Fund was started to protect investors. "The Fund" as it's more commonly known only applies for regulated brokers and is place for when things go terribly wrong. Namely, when a broker cannot meet their debts and they owe their clients' money, this fund comes into play. The fund covers up to 20,000 Euros and is designed to be used for repaying client debts of the broker.

Broker Regulation

The idea of insurance in Binary Options raises the next issue of finding a broker, in particular, a broker which is regulated or not. The market of Binary Options is only new, and so is the regulation, making this task not as easy as it is in other financial markets. Like aforementioned, brokers which are regulated are covered by "The Fund" leaving those who are rouge out on their own. If an unregulated broker goes under, their clients will most likely lose everything too.

Before committing to a broker, it's important to have a checklist in place. This checklist should include:

  • Whether the broker states if their regulated or not.
  • If they state they are, check if their license is still valid.
  • If it's valid, check the license number with the county's local financial regulator.

Non regulated brokers often show clear signs of their desire to avoid serving their client's long term needs. Urgently requesting a client's initial deposit or moving their practice outside of Cyprus (while remaining unregulated in the new local country) are two common signs.

We are very keen to hear from our reader's experiences with Binary Options insurance and how secure you feel using this new technology. Is it worth funding a regulated broker or are you happy to stick with the risk for the financial rewards of no regulation? Email us your thoughts and we will discuss the feedback in next week's blog.



Price Indemnity and Contingency Insurance: What They Are and Why You Need Them

By Maria Neubauer Posted 9th Aug 2017

To 'insure' is to protect someone against a possible lost. As humans are naturally territorial, we have a tendency to protect what's ours. This is possibly one reason why a lot of people sign up for a wide array of insurance packages. The most common insurance packages that we know are those that cater to individual needs like the Auto Insurance, Health Insurance, Life Insurance, and Property Insurance. However, insurance companies do not only limit themselves to personal coverages. They also have a wide array of Business Insurances that you are probably not aware of.

Businesses, unlike most individuals, tend to hold bigger funds, assets, and liabilities, thus the need to also insure them. Every business needs protection and security to possible damages or lost. The bigger your company is, the more you need to be ready with the unpredictable nature of the industry. There are a lot of insurance products that cater to all types of companies--whether a budding business or an established one.

Prize Indemnity Insurance

Have you ever tried joining raffles, events, or contests? Have you ever wondered how companies who host sporting events manage their funds for prizes? We are often amazed by the cash prizes we see on television and events. We even join contests or raffles whenever the prizes seem so inviting. But how do companies manage their loss whenever these contests, raffles, or sports events do not get their target income? What if the event gets cancelled or postponed? What happens if sponsors don't pay what they are supposed to sponsor?

Prize Indemnity Insurance insures a company's lost whenever they host contests or raffles that cost a car, house, or a major prize. Through these Prize Indemnity Insurance Companies, the host company of such events will be able to guarantee a prize without having to pay for it. This type of Insurance is also called as Hole-in-one Insurance. It was named after Hole-in-one golf tournaments. For you to obtain a prize, you need to secure a shot thru hole-in-one. It is quite impossible to win that shot, thus making lower stakes for the prize.

Prize Indemnity Insurance requires companies to pay out a premium, usually starting at 3% and depends on the stakes of winning. If ever there is a winner for the event hosted by a company, the Prize Indemnity Insurance will pay for the prize. But if ever no one wins the event, the Prize Indemnity Insurance will earn with the premium payed by the company.

Contingency Insurance

Contingency Insurance, on the other hand, provides a big coverage for companies hosting events. When we say 'contingent', nothing is sure. In other words, Contingency Insurance pays for what isn't sure. Whenever something goes beyond the expected, the Contingency Insurance will cover it. It is also a way of risk management for companies in case their plans go wrong. There are unavoidable circumstances that can cause a company to postpone, interrupt, or even cancel events and by these, contingency insurance will be a convenient help.


Being insured is being protected. Since you cannot predict everything, you should be ready to face the unexpected. Insurance companies will help you recover in such situations.


The insurance industry is reeling from 9/11, and tech companies are reeling from a sour economy.

You should know that there are some dramatic insurance changes in the works. First, for business insurance in general, coverages are decreasing and rates are increasing in the wake of 9/11. If your broker has not been in touch with you about how to best manage your professional liability insurance in this market, you can be left in a financially disastrous situation.

Secondly, most brokers who jumped on the technology bandwagon are no longer focused on technology business or have gone out of business. And if you are using a “general” agency, this means you probably aren’t benefiting from specialized knowledge and coverage technology companies need. We provide all forms professional liability insurance including E&O, D&O, and EPLI to technology companies.


Significantly Expand Coverage While Maintaining or Reducing Premium Costs

You might be surprised to hear that over 70% of the time we’ve been able to significantly expand professional liability insurance coverage while maintaining or reducing premium costs – we clearly have a pretty good mouse trap. How about investing 30 minutes to see if your company falls in that 70 % and could in fact do better? Please go to our online CoverageCoach questionnaire to get a free no obligation professional liability insurance quote.
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