Event Liability Insurance: Frequently Asked Questions

Event Liability Insurance: Frequently Asked Questions


Find below some of the frequently asked questions related to event liability insurance.

What is a event liability insurance policy ?

Event liability insurance policy is designed to protect you from certain kinds of claims that occurs from accidents taking place during the event. For example, when your guests get injured because of wet floor, you are liable to pay him some money. In general, event liability insurance policy offers coverage in the range of to $250,000 for third-party property damage at the event site for which you are liable.
How to buy a event liability insurance policy ?

To buy event liability insurance policy first you need to select an insurance company. Once you manage to do that, next you have to fill the application form. Often, you have to attach documents like your passport and salary slip with the application form. When insurance company find that the details you have provided is correct, you will receive an agreement paper from the insurance company, which will include the terms and conditions of the insurance policy. If you are happy with the terms and conditions of insurance policy just sign the paper.

The policy premium of event liability insurance is a one-time only payment.
My venue needs me to show proof of liability insurance. Is event liability insurance policy ideally suited for this ?
Is the policy premium of event liability insurance payable monthly or as a one-time fee ?

The answer of this question is yes. Event liability insurance policy allows you to name your venue as additional insureds. Remember that you do not need to pay any extra money for this. If you want, separate insurance certificate depicting the additional insured it can be issued by your insurance company. It is quite pivotal, however, to make sure that the per-occurrence and aggregate limits needed by your venue is in line with your event liability insurance policy.
Does event liability insurance policy provide coverage for alcohol-related accidents ?

Yes, event liability insurance policy does provide coverage for alcohol-related accidents. For example, if accident occurs because of intoxicated guest, you will get coverage on the basis of your insurance policy terms and conditions.

What is Public Liability Insurance ?

Why do you need public liability insurance ?

When you are running a business, it is quite tough to get rid of all the risks. According to law, if you cause damage to public property then you have to pay the claim amount. By taking out public liability insurance you can protect your business against going bankrupt. It’s the job of insurance company to pay the claim as well as legal expenses. When you know your business is in safe hand, you will be able to concentrate much better on your business. In other words, public liability insurance gives you peace of mind.

Working with public liability insurance broker

What is Public Liability Insurance ?


Talking about public liability insurance, it covers you for any damages that a public may be awarded due to injury or damage to the property caused by your business. Another good thing about public liability insurance is that it also covers legal expenses.

When you take the services of public liability insurance broker you can get public liability insurance at affordable rates. Public liability insurance broker takes this decision on the basis of your financial condition and the kind of coverage you are looking for. To avail all the benefits of public liability insurance, it is quite important that you choose insurance policy which matches your business requirement. Before buying public liability insurance policy make sure that you shop around in the market.Even better, you do not need to find insurance companies, as public liability insurance broker normally works with top-notch insurance companies so they will tell you immediately which insurance company is ideally suited for you.

When you do this, not only you will get a best deal in terms of rates but also you will get to know what kind of coverage you can get for your business. This is very important because there is no point going for an insurance policy that is only going to give you short-term coverage. If possible, choose insurance policy that is going to offer you comprehensive coverage. By reading the terms and conditions of your insurance policy carefully, you will get to know what coverage insurance company is going to provide you during the policy term.

What is Employers liability insurance ?

What is Employers liability insurance ?

Employers liability is designed in such a way that it provide cover for your employees in case of any emergency. Point to be noted here is that employers liability does not cover you against the risk of being sued for claims like. Employers liability is basically a legal liability to pay damages consequent upon disease or bodily injury sustained by any employee during the job period.

Employers liability insurance is a mandatory insurance policy for all business owners that are taking the services of an employee. For example, if you are the chief operating officer of a private limited company then you will need employers liability insurance by law.

Employers liability cover includes trainees, temporary workers and sub-contractors. If you are running a limited company, employers liability cover is essential. In case if you are a sole director with no staff then there is no need of any cover. In terms of limit of indemnity for employers liability, the minimum level required is $5 million. However, for more peace of mind you should opt for a policy that covers more than $10 million.

You always have a choice of increasing the limit of indemnity for employers liability.

To get a best possible employers liability insurance deal, you need to shop around in the market. Insurance companies normally give discount of around ten per cent when you have more than 50 employees. When you take quotes from multiple insurance companies you will get to know what the prevalent market rates is. This in turn will ensure that you will face no problem in terms of rates. You can also get employers liability insurance policy through online insurance companies. The best part about online insurance companies is that the application procedure is quite straightforward here. Read the contract paper carefully before submitting it to the insurance company.
You just need to give the details of employees and in a matter of few days, you will get the contract paper of employers liability insurance.

Covering Liquor Liability Insurance

Covering Liquor Liability Insurance

According to law, person who served the liquor is also equally responsible for the accident that has occurred because of drinking too much liquor. The family members of the individual who has suffered serious injury or death due to drunk driving can sue all people that is associated with the party. To reduce your liquor liability, best way is to not serve liquor in your party. However, this is not really feasible because no party is complete without the inclusion of liquor. It’s your responsibility to make sure that your guests do not drink too much liquor during party.

Whether you are hosting a wedding, group party or a neighborhood picnic, alcohol is served everywhere. During party, drinking alcohol will not be much of an issue but when your guest’s start going for their homes, chances of accident while driving increase a lot.

If you are taking the services of vendor in serving liquor, ensure that vendor is licensed and insured. If that is not the case, you are in for a tough time especially if any of your guests commit an accident. If you are serving liquor by yourself, you can handle situation more efficiently as you will know how much liquor is being consumed by the guests. If any of your guest is taking too much liquor you can tell him clearly that he has already crossed liquor limit and now he will not get any dose.
If possible, it is also recommended that you add an indemnification clause. To get discount in liquor liability insurance policy, you need to shop around in the market. Rather than going for short-term coverage, it is advisable that you opt for comprehensive liquor liability insurance coverage.

It’s always better to remind guests to drink responsibly and exercise good judgment. Let them know that drinking too much liquor can cause significant danger to their life. If any of your guests has drink excessively, make sure that he does not drive the car and you send him to his home on your car through your driver. Buy a liquor liability insurance policy by getting an additional rider from your insurance company.

Cheap Auto Liability Insurance Quotes

Cheap Auto Liability Insurance Quotes

Auto liability insurance is an integral part of auto insurance policy. When you have committed mistake in an auto accident, liability coverage pays property damage expenses for the individual you injured and bodily injury. Furthermore, liability coverage also pays your legal defense bills.

You may need to buy collision and comprehensive coverage as well because liability coverage does not cover the repairing cost. It is worth mentioning in this regard that collision coverage not only covers the repairing cost but also substitute your car when you are responsible for any accident.

Comprehensive coverage also pays when your car is stolen or damaged. Personal injury protection coverage pays for your and your passenger's medical bills when you are responsible for any accident. Another good thing about personal injury protection coverage is that it also pays for your and your family's medical bills when you suffer injury because of a high speed car. Uninsured motorist coverage pays for bills related to your injuries that has occurred due to an uninsured driver or a hit-and-run driver. If you are interested in getting cheap liability auto insurance quote you need to shop around in the market.
Generally speaking, liability insurance is denoted as three numbers. For example if you live in London, the minimum liability requirements are 25/50/10. In other words, you must carry :

$25,000 worth of bodily injury coverage per individual.
$50,000 worth of bodily injury coverage per accident.
$10,000 worth of property damage coverage per accident.

In addition, there are number of insurance comparison website in the web where you can get cheap auto liability insurance quotes from plenty of reputed companies. Majority of people opt for basic auto liability insurance policies as they are not that expensive. However, these policies does not give you maximum number of benefits. It is basically an agreement between you and the insurance company, in which you need to pay a premium. Insurance company, on the other hand, will offer you financial support on the basis of the terms and conditions of insurance policy. If you are looking for a comprehensive coverage then basic auto liability insurance policies are not ideally suited for you.

Alliance insurance

No matter where you live in Canada, you should be able to find an insurance broker or agent to meet your needs.

You can improve your listing by including some of the insurance products that you deal with, like: auto insurance, life insurance, travel insurance, motorcycle insurance, home or property insurance, pet insurance, commercial/small business insurance, health insurance, critical illness insurance, classic car insurance, boat insurance, muscle car insurance, recreational vehicle (RV) insurance, general liability insurance, professional liability insurance, farm insurance or any other kind of insurance that you specialize in.

Alliance Insurance was established in 1975, to accommodate the needs of a growing region and provide the expertise in risk management and financial services. With the gained confidence of our customers Alliance has prospered to become a leading market force.

Alliance Security

The security offered by an Insurance Company goes far beyond what is written in the policy document. The quality and strength of reinsurance back up is vital. Top class reinsures of world repute that provides the highest standard of security to insurers leads Alliance Reinsurance Treaties. Alliance Policies thus give you security and peace of mind.

Special event liability insurance: What this all about

Special event liability insurance: What this all about ?


As evident from the name itself, special event liability insurance policy is a special kind of insurance policy whose main objective is to protect your family from liability associated to certain kinds of accidents that might happen during the event and may cause property damage or bodily injury.

Special event liability insurance policy can also come in real handy during wedding reception. According to media reports, lots of wedding reception centers now need couples to carry special event liability insurance protection. The best part about special event liability insurance policy is that it also includes the option to name your reception venue as additional insureds without any extra cost. To get best possible special event liability insurance policy deal, you need to shop around in the market.
Coverage level

The coverage level of special event liability insurance is mentioned below.
The general aggregate of level 1 protection is in the range of $ 1,000,000.
Per person limit is in the range of $ 1,000,000.
Third-party property damage is in the range of $ 250,000.
You need to pay a one-time premium of $195.

What does special liability insurance policy cover ?

Property damage
Alcohol related accidents.
Personal injuries.
Bodily injury.
You can buy special event liability insurance policy as early as one year prior to your main event, but it should not be later than 24 hours before your event date. In an ideal scenario, you should buy policy at least 15 days prior to your event so that you get decent enough time to look closely at your coverage documents. Read the terms and conditions of your insurance policy carefully before signing it. If you are not happy with any clause, talk to your insurance company immediately. Once you have sign the agreement paper of insurance policy, you will not be able to modify the terms and conditions.

There is no deductible for general liability coverage in the special event liability insurance policy but yes for a third-party property damage claims, there is a $1,000.00 deductible applicable.
When should you get special event liability insurance policy ?

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Small Business Liability Insurance

Small Business Liability Insurance


For small businesses, liability insurance is quite important as it protects them from claims that can cost them plenty of money. In some cases, firm can go bankrupt too because usually small business firms operate on very small capital. Before buying small business liability insurance, one must take into consideration some important points.

First and foremost, make sure that you buy small business liability insurance from reputed insurance company. The best part about these companies is that their application procedure is quite straightforward. Even better, you will get considerable amount of discount in rates too from these companies. Apart from insurance companies, there are number of trade associations in UK that gives their members an opportunity to buy insurance at group rates. When buying insurance policy for your small business, make sure that it covers all your business size.

When buying small business liability insurance, you should always look out for a package insurance deal instead of buying individual deals from number of insurance companies. When you take individual deals from different companies, you need to pay high premiums. For a small business firm, Business Owners Policy is the best insurance policy, as it serves a dual purpose. Apart from giving detailed coverage, rates of Business Owners Policy are also quite low. Business Owners Policy does not cover errors and omissions coverage. As there are number of hidden risks associated with small business, it is quite important that you take the services of an experienced insurance broker. The role of insurance broker is to assist you in identifying small business risks.

Doing detailed research before buying an insurance policy is invaluable. Before signing agreement paper of small business liability insurance, you must review the details of the policy properly. When you do this, you will get to know what is included in the policy and what is not. If you want to include something in your policy, have a talk with your insurance company. Study your business first before buying an insurance policy. This is important because by studying your business, you will get a clear picture of what kind of coverage is ideally suited for you. In some cases, your family members and friends can also help you immensely in this regard.


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General Contractor Liability Insurance

General Contractor Liability Insurance


Generally speaking, it is quite tough for general contractors to work without any sort of general insurance. With the help of general contractor liability insurance, owners and operators of firms can get a protection from claims that may come from a wide array of sources.

The cost of general contractor liability insurance depends on the liabilities you have opted for. Quite identical to car insurance, you need to make a down payment first in general contractor liability insurance. After that you need to pay installments. Take quotes from at least ten insurance companies before buying general contractor liability insurance. When you do this, you increase your chances of getting insurance at easy terms and conditions. It’s the responsibility of general contractor to ensure that the individuals working under him are covered by general contractor liability insurance. For example, if an individual, who is not working in the project, gets injured, the lawyer of that particular person can target everyone that is participating in the project in court. It is worth mentioning in this regard that when more people are involved, the possibility of a successful lawsuit increases.

Despite that, it is recommended that you buy general contractor liability insurance for subcontractors. This is because of the fact that even if there is no mistake on your part, subcontractors always have a choice of filing lawsuit against you. In case if subcontractor manage to hire a good experienced lawyer, your problem can increase further because he can come up with an argument that can prove the innocence of subcontractor in the court. Taking this into account, one can safely say that liability insurance is an absolute must for everyone that is participating in the project as a team.

As a general contractor you need to ensure that all your subcontractors are equipped with general liability insurance. If your subcontractors possess the required insurance, the insurance rate and liability exposure will drop significantly. Point to be noted here is that the subcontractor is not classified as an employee. In other words, subcontractor is treated as an independent worker. Therefore, as a contractor you are not liable for the errors committed by subcontractor.

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