business, insurance, money

A Handy Guide To Cyber Insurance

Cyber insurance covers a broad range of exposures, including hacked computers, viruses, denial of service attacks, and a bevy of other claims. With the right policy, it can be extended to include trademark and copyright coverage.  All firms that utilize IT professionals should purchase a cyber insurance policy that is tailored to meet the needs of their own organization.

What is Cyber Insurance?

Cyber insurance can include a number of different exposures from network security which protects against hackers, to claims that you were negligent in meeting your responsibility to protect the data and computers of your clients.  The abuse of websites has given rise to unanticipated numbers of copyright and trademark violations.

Most states now have laws that require you to inform your customers when their data has been compromised on your system.  Even if no further damage develops, the cost of notification typically approximates $8 per record.  In other words, if a hacker successfully penetrates your server housing 150,000 customer records, the cost of notification could be $1.2 million, even if you weren’t negligent.

The availability of cyber insurance has expanded rapidly in recent years.  There are now over a dozen insurance companies that offer well structured, competitively priced cyber liability insurance policies.  Be advised, however, that coverage is not standard.  A well qualified agent, schooled in the technical issues surrounding cyber liability can help you navigate the available coverages.

3 Tips for Building Cyber Insurance Policies

  1. Know your coverage. General liability insurance policies are designed to protect you if you are negligent, but in order for coverage to be triggered, they require property damage or bodily injury. Cyber attacks typically cause money damages, but to not necessarily physically harm your system.  In order to be covered, you will need to purchase a policy that is specifically tailored to your company’s exposures.
  2. Maintain a strong infrastructure. Insurance companies will only agree to insure you if you take active steps to protect yourself. A formal IT audit of your systems will increase your access to insurance coverage, and can dramatically reduce premiums.  The audit will cover a variety of internet security issues.
  3. Build sound internet procedures that require frequent changes in passwords and that regulate what can be placed on your site.  Most copyright violations result from employees posting material from other sites on the web.  Make sure that they understand what is and is not acceptable.

A Business Investment

Since many companies will not report incidences of data loss or denial of service attacks, it’s difficult to gauge the frequency of cyber insurance claims. You should use common sense and only cover your company for claims that you can anticipate.

Still, buying cyber insurance is a necessity for companies who deal extensively with technology. Assemble a plan that will cover you so that you can run your business securely.…

business, insurance, money, personal

Why is Insurance Important?

There are different types of insurance. Home, automobile, and life are just three of the various kinds of insurance policies that are available for consumers. Insurance, of all kinds, is used to help protect consumers when certain things happen. For the most part, this protection comes in the form of money. It can also provide protection from liability, damages, and financial loss, but in the end, it usually comes down to money.

Most consumers know that there are certain types of insurance that are mandatory. Many states require that automobile owners carry a minimum amount of insurance for each vehicle the person or business owns. As with some other types of insurance, automobile insurance can be somewhat broad in nature. In other words, you can buy a simple liability policy that will pay a certain amount of money to someone that you have an accident with, but will pay nothing towards your own damages. Moving up the scale, you could purchase a more comprehensive policy that pays for damages to both you and the other person, including medical awards and property damages. There are levels of coverage all along the way, and this is why automobile insurance can be considered broad in nature.

In the case of automobile insurance, the reason insurance is important is that it protects you from having to pay damages in the event that you are found at fault for the accident. Without automobile insurance, you might lose everything that you have, including future earnings in order to pay these damages. Most consumers simply cannot afford to buy another vehicle for someone should they severely damage that person’s automobile. The same holds true for any medical costs that might be associated with an accident wherein you are found at fault.

With home owner’s insurance, the minimum coverage level is often determined by the lender. Many home owners will add to this level of coverage in order to protect such things as their furniture and other personal items against loss. Coverage will usually extend to people who may be on the property should they encounter an accident and sustain injuries. Again, the importance of insurance is to protect the owner from legal actions that may arise from outside parties as well as to protect the owner from real property damage such as fire.

In the area of home owner’s insurance, there is often controversy over what is known as flood insurance. Home owners should not assume that their policy covers damages due to flooding. This is often assumed by home owners and can lead to severe losses should a flooding event occur. The only way to know if you are covered for flooding is to ask the direct question to your insurance company and to read what is in the insurance contract. Thousands upon thousands of homeowners have encountered severe financial loss because they assumed they were covered for flood damages when, in fact, they were not.

In addition to personal property insurance there are other types …

business, insurance

Qualities of a Reliable Roofing Contractor

The market is flooded with an excess of roofing companies. It is, hence, very important to take your time when hiring the right professional for your project. It does not matter if what you need is a simple paint job or a complete roof renovation, the contractor you choose to work with must be someone you can fully count on. In this post, we will be looking at the key qualities you need to focus on when choosing a contractor.


In case there is an accident, the last thing you want is to be liable. This will happen if the contractor you hired does not carry insurance. To safeguard your finances, make sure your roofing (dakwerken) contractor is insured. He should be able to present the necessary paperwork that shows his insurance policy and worker’s compensation.

Permanent business address

The fact that the contractor you are considering does not have a permanent business office means you will have no way of tracking him down in case of a malpractice. There is also a very good chance that he is not licensed to work in your area. Always ask for the permanent address of a contractor, phone number as well as tax identification number.


Does the contractor offer any guarantee in roof renovation (dakrenovatie)? Guarantees show the contractor has the ability to provide quality services that he is willing to stand behind. Make sure the materials being used has a guarantee from the manufacturers. A good roofer will offer at least a one year warranty on roof installation.

License and permits

There is nothing more risky than working with an unlicensed roofer. He might land you in myriad legal issues. He may also not be able to acquire the necessary permits. Therefore, in all that you do, make sure the contractor you are considering for your roofing needs is licensed.


Last but not least, you have to make sure the roofer can deliver what he promises. You will only be able to do this by getting recommendations from friends and reading online reviews. Ask the contractor for references and contact at least three.

If you are in need of professional roofing and roof renovation services in Antwerpen, Dakwerken Apers is one of the best companies you can turn to. With years of experience and an arsenal of modern roofing equipment, the company is able to work on any roofing project while delivering quality and durable services. Dakwerken Apers works with some of the most competent roofers in the country.…

insurance, personal

ObamaCare Penalty for No Insurance

In January 1, 2014, the Affordable Care Act (ACA) or “Obamacare” will go into effect. The ACA requires significant changes to guaranteed issue laws. As a result of Obamacare, individual and group health plans must guarantee issue policies to all applicants, regardless of health status or other factors. Penalties exist if you do not have insurance in place.

PPACA requires most adults not covered by an employer or government-sponsored insurance plan to maintain health insurance coverage or pay a penalty, a provision commonly referred to as the individual mandate.

Although bitterly contested, the Supreme Court on June 28th, 2012 upheld the individual insurance mandate. Although President Obama had said the ACA was not a tax, The Supreme Court, which has the final say, says it is a tax and the law will go into effect.

A historic overhaul of the health insurance system in the US is underway and many are wondering what happens if you don’t currently have health insurance.

Currently, insurance companies can still deny coverage until January 1, 2014 due to pre-existing conditions. After this date, they will no longer be able to deny you coverage and premiums will be limited by law. If you have been turned down for health insurance in the meantime and don’t qualify for medicaid, then you may be eligible for coverage through a temporary high risk pool (PCIP) These PCIP’s are also a new requirement of the law.

What happens is you don’t have insurance:

(Per Time magazine)

Penalties that apply: (per Time Magazine)

(Anecdotal story from Picayune Times on how not having health care could affect someone. ) Weave into story… do not take verbatim or reference in article.)

As an employer, my company offers Blue Cross medical coverage to all employees. It is a benefit and helps attract good employees. My company doesn’t have to offer any insurance at all. Under Obamacare, my company will be fined $2,000 per employee if I don’t offer a company plan.

The average Blue Cross cost per employee for my company is around $4,000 a year, so the fine is less than the cost of the insurance. But remember, even with no penalty whatsoever my company has been offering health care. So if I was offering health care when there was no penalty, I sure am going to be offering health care if there is a $2,000 per employee penalty.

Again, the reason for this is health insurance is vitally important to employees. Many employees won’t even consider working for a company that doesn’t offer health insurance.

So under Obamacare, employers have even more incentive to offer company plans.

The question is whether employees will care as much given the new rules which allow anyone to sign up for the government plan at the last minute, even if they are suddenly diagnosed with cancer.

Remember now that about a third of the lower income earning families may be eligible for Medicaid, which is virtually free. So we are only talking about working families …

business, insurance, money

Money For Teens: Ideas For Teens to Make extra money

Money For Teens

Teen Job Basics

1) For many of these ideas a credit card or paypal account will be req uired to make money so make a deal with your parents to use their credit card. Many parents will be hesitant to initiate a deal like this; reassure them that you will pay them back and keep a balance sheet to record the profits and expenses that accumulate.

2) Have no Self-Conscience. Putting yourself out there will be of great import for success. If you want to make money you cannot concern yourself with what people may think about your methods, just think about your deep pockets and their shallow ones with money for teens.

3) You have to be willing to put effort into what you do. Effort conquers ability.

The Money Making Methods

Money For Teens #1 : Caddying

If you live near a golf club then there is no better and more simple way to make money as a teen than caddying, and you get a workout. All caddying requires in most areas is one or two, two hour training courses to become certified. If you can get a job at a country club many members will tip around $80 per bag per round. It is highly suggested that you learn the course you work at quite well, so that you are able to assist your golfer and receive a higher tip. Also if you become studdly enough to build a reputation, members will ask for you specifically, and the more business the more money, so work at it and you could make up to $5,000 in a summer. Use this link to find a local golf club Find Local Golf Courses.

Money For Teens #2 : Landscaping

A kid can do landscaping jobs starting very young, possibly even in pre-teen years. Ask your parents if you can mow their lawn and have them pay you. Argue that you are cheaper than the landscaping company they pay for. Landscaping may also entail other household jobs like painting or laying mulch, just offer your assistance for a small price. Don’t stop at your parents, ask neighbors and post flyers, especially if you live in a walking community where houses are very easy to get to. Landscaping is a great job to do with a friend and can be quite fun and very simple. First schedule an appointment for an estimate and then if the customer agrees schedule a time to do the labor. Customers will pay you a much higher wage if you supply your own equipment so arrive prepared.

Money For Teens #3 : Manage Landscaping

This job takes a little more smarts and can be more of a challenge, but when pulled off successfully you will become loaded and have all your friends looking up to you. You may think this is an impossibility at the age of 16, but I have seen in my town alone two different kids run a landscaping business and …

business, insurance

The Most Competitive Auto Insurance Rates

The harsh economical conditions has changed the lifestyle and spending nature of many people around the globe. This being the case, many people have began shopping around for companies that offer competitive and reasonable car insurance rates. It is important to note that the amount you pay for your insurance cover is determined by various factors.

It’s good to have this expectation in mind as you shop around so that you do not presume to think you’re getting a bad deal. The price you will part with for your coverage will be affected by your driving record, the type of car you own, and the type of company policy you choose. All in all, you should go with an insurance company that cares for you. Before selecting your desired insurance company, sample through quite a number so that you can compare the rates. You will be surprised with the various incentives that are offered to various categories of insurance seekers and you might be fortunate if you fall in that category.

Car insurance policies are also available online as the companies have taken their business on the web. The high number of service providers means that there is high competition. This can be a great avenue to you getting a reasonable insurance package. You should choose companies that you feel you can trust depending on the kind of services they provide to clients. You can find out from existing customers of that company to find out whether the company you wish to sign up for is reliable.

You should take car insurance quotes from different companies and compare them until you find the most competitive one. The reputation and years of experience of the company will also be helpful to you getting confidence in them. Remember to also check the items that the insurance policy covers. It would be cost effective to choose a cover that caters for more of your needs than different single covers for various needs.

It is very easy to get a good insurance company online as quite a number have moved their business there. However you can use the assistance of insurance brokers or agents. They are equally easy to locate so that they can shed more light on this for you. You should choose a broker whom you are comfortable with and one that has been in the business for long. The broker should just provide the information, the decision lies within you because you understand what kind of coverage you need.…

insurance, money, personal

Southern California Auto Accident Lawyer’s Top Ten Common Regrets After a Ca Car Accident

1. Annoying the police officer.

2. Antagonizing the other driver.

3. Having tried to drive and eat a chili hot dog at the same time.

4. Reaching for something that fell on the floor.

5. Using your cell phone to call your best friend.

6. Trying to pick up on the paramedic.

7. Sniveling.

8. Not having your proof of insurance.

9. Passing out.

10. Forgetting who you are.

Here are ten useful tips of advice from a Southern California auto accident lawyer to follow if you have been in an accident. You can also learn more about how to handle an auto accident in Southern California, or any city in Southern CA, by calling the Law Offices of R. Sebastian Gibson at any of the numbers which can be found on our website at  and learning how we can assist you.

Obviously, if you have had an accident, and you are reading all of this advice, it’s probably been at least a few days since the accident. However, if it’s only been a few hours or if you ever have another accident, here’s what you should do the next time from the start.

First, take a look around and determine if you or anyone, are hurt. If so, taking steps like trying to prevent further injury or loss of blood are the most important thing you can do. Even if some other driver caused you to be injured, it’s just good manners to help the other driver if they are hurt. They may even be so thankful that they admit their fault to you. The worst thing you can do is get angry or start a fight.

Second, make sure everyone is safe from being injured further. If you are in the middle of traffic, and you are dizzy, sit down away from traffic. If your vehicle is a traffic hazard and you have accident warning devices like flares or triangles, put them out on the road to warn other drivers and get away from the car. Let the police an other emergency personnel investigate the scene with the vehicles in place and move them more safely at a later point.

Third, call the police. Accident reports are extremely helpful if the police will do such a report. Let the police know you are injured immediately. Answer the police questions honestly. But if you are dazed or confused, let them know you need medical treatment and answer only what you feel sure about. Remember, your statements can and will be used against you if you admit fault, and it will be too late and too fishy to later say you didn’t know what you were saying at the scene. Police know that your best recollection is immediately after an accident.

Fourth, get the other driver’s information including their names, addresses, driver’s license numbers, make and model of their vehicles, license plate numbers, and their insurance company name and policy number. If there are witnesses, get their names, addresses …

insurance, personal

Motor insurance in Dubai

Motor insurance is deemed mandatory under the United Arab Emirates federal traffic law and a minimum level of car insurance is compulsory to drive in any of the seven emirates. Generally, comprehensive insurance is recommended over third party if you want complete protection from unforeseen incidents. This covers damage to your own car in an accident, fire and theft and more importantly damage to third party property. You can get also opt for a higher level of comprehensive insurance which includes a hire car, recognition of your no claims bonus and other lucrative benefits. Speak to a reputed insurer to understand how they can build you policy that covers you against all perceived risks.

What about rates?
Having no claims on your policy and being an experienced driver will always qualify you for good discounts on your comprehensive policy with an international insurer. You are also entitled to a no claims certificate on request when switching your insurance provider should you have no claims for the period you have insured with them.

Age discounts will depend on the cut off rate the insurer employs to calculate the premium. So seek your insurers’ advice before signing up for a comprehensive motor policy.

Higher premiums are payable for young drivers with relatively lower driving experience and for cars over 7 years. Buying insurance using an online facility will provide you further discounts with most international insurers.

What should I look out for?
A effective policy might not mean its claims effective. In other words, having to pay a small premium initially may be easy on your pocket but may land you in despair when it’s time to claim on your policy.

It is important to understand that policy features may be added to a standard motor policy depending on the needs of the motorist. Covers that can be added include agency repairs, special geographical cover, personal accident benefit, etc.

<a rel=”nofollow” onclick=”javascript:ga(‘send’, ‘pageview’, ‘/outgoing/article_exit_link/3840998’);” href=””>Motor insurance in Dubai</a> can be obtained quickly and easily, with online options available to purchase policies with a discount. However, it is considered prudent to do some research on what policy fits your insurance need best.


finance, insurance, personal

How does Owner Financing work – Owner Financed Homes For Sale

Selling a house or other Austin, TX real estate with owner financing may be unfamiliar territory for many, but anyone who plans to sell property against the current background of tough lending conditions may want to brush up on the basics.

Understanding the concept of owner financing is easy: the seller assumes the role of a bank and finances the buyer’s purchase.

The decision to provide owner financing, however, can be much more difficult; although providing owner financing could mean the difference in being able to sell a house, it could also mean a great amount of risk for the seller if the buyer eventually defaults on the loan.

As the U.S. struggles with a sluggish real estate market, owner financing presents a way for buyers and sellers to close deals that might not be possible with conventional financing.

There are some deals that just simply cannot get done (with conventional lending) because the credit markets are too tough for a particular buyer to qualify or because the type of transaction is perceived to be too risky.
There could also be a situation in which a buyer may not have sufficient capital for a down payment. Partial owner financing, in that case, can help fill in the gaps in closing a deal.

In addition, the benefits of owner financing can appeal to sellers who are trying to unload property. Closing a deal on a house, for example, may take considerably less time with owner financing than with conventional financing. While a conventional lender will scrutinize the collateral property to determine the level of risk, a seller who is already familiar with their property can form his or her own risk assessment relatively quickly.

Owner financing may also be an attractive choice for investment, potentially offering high rates of return. A seller can negotiate an interest rate that the buyer will pay them that is more favorable than would be available for other sorts of investments.

Furthermore, seller financing can provide some tax benefits by spreading out a large gain over time (check with your accountant or CPA).

If the seller structures the loan as an installment sale, there can be certain tax advantages to the seller as well in terms of the timing of recognition on the capital gain. The seller would need to discuss the details with a tax advisor.
Seller financing can be used to pay for a property either in full or in part. The terms of a full loan look similar to those of a conventional loan; however, a seller has a great deal of freedom in setting the terms, such as the interest rate and the duration of the payment period.

For instance, a seller might wish to provide owner financing as a short-term arrangement of five years, after which the borrower is expected to refinance the loan, presumably with conventional financing.

While sellers can be more flexible than banks in considering prospective buyers, they should nevertheless think like a bank when reviewing potential buyers. …

business, insurance

Los Angeles Workers’ Compensation Lawyer Referral 661-310-7999

Chiropractors are notorious for “keeping their patients coming back.” Many advise everyone to have their spine checked for “subluxations” and “adjusted” throughout life. Many chiropractors advise people whose symptoms have stopped to keep coming back for “preventative maintenance. Some chiropractors are networked with attorneys (and even medical doctors) to provide unnecessary tests and treatment to injured works and auto accident victims. Partly as a result, in many states, workers’ compensation programs has become so expensive that employers have asked their state legislature to limit the amount of chiropractic coverage.

In 1992, Florida Trend magazine published a cover story on “why chiropractors get blamed for fueling the cost of workers’ compensation.” The author concluded that, “Workers’ compensation is fraught with abuse, but no other players in the system rile business more than the chiropractors.” A spokesman for the American Insurance Association even said that, “Sometimes I think of workers’ comp as the chiropractic full-employment act.” Some health-insurance companies called for limits on chiropractic treatment, and some wanted chiropractors out of the WC system altogether. The main complaints were about exaggerated diagnoses, overtreatment, and aggressive marketing aimed at patient retention from cradle to grave. The author also noted:

Less scrupulous attorneys turn to chiropractors, hoping they will give injured workers the highest impairment rating and extend treatment for as long as possible. The chiropractors who play the game are then rewarded with a steady stream of clients provided by their unspoken lawyer/partners.

The payback for a lawyer comes in the medical expenses: The larger the expenses, the more the lawyer can expect, with legal fees paid by the insurer. . . . If a carrier disputes a claim . . . the lawyer can rack up hefty costs for time-consuming depositions and pre-trial appearances. Meanwhile, the chiropractor continues to provide treatment [1].

Two studies have focused attention on the problem in California. The first one, published by the Workers Compensation Research Institute of Cambridge, Massachusetts, analyzed 28,539 workers’ compensation cases involving back strains and sprains in California and four other states and concluded:

  • Chiropractic care could achieve the same outcome at lower costs if the number of visits were limited (see Figure A).
  • Chiropractor-directed physical medicine care costs 30% more than physician-directed care and achieved the same outcomes as measured by duration of temporary disability.
  • The higher number of visits that chiropractors use per case is the major driver behind the higher physical medicine payments.
  • In Florida, chiropractic care achieved the same outcome at lower cost than physician-directed physical medicine care in Florida where reimbursement rules place strict limits on the number of chiropractic visits per case that will be reimbursed by workers’ compensation payors. The fact that treatment and billing practices by Florida chiropractors result in lower medical costs while achieving a similar duration of disability as physician-directed care may provide lessons that other states can draw from.
  • Physical medicine services are most often used for back injuries, representing 41% of all injuries that receive such services. This is not surprising