Does anyone have the basic monthly cost of product liability insurance? If so, please inform me.?
344509
That is going to vary wildly because of such factors as the product, its intended use, your location and your ability to deal with liability issues on your own. In other words, if you are a sole proprietor with few assets and you market pacemakers and critical jet engine parts, you're in trouble. That's extreme but is designed to show how the insurance carrier views the risk.\n\nAfter all those variables you have the different insurance companies and their criteria and premium structure.\n\nMore details please.
949786
try:\nhttp://www.healthinsurancesavings.com/newppc/self.asp?app=over&tc=insurance+self+employed\nor:\n\nhttp://www.mccarthy-ins.com/\nThe National Association for the Self-Employed is the nation's leading resource for the Self-Employed and micro-businesses owners.\nFrom our nation's Capitol to "Main Street USA" the National Association for the Self-Employed helps its members through the power of large numbers. Let me show you how the power of over 200,000 NASE members can work for you, too.\n\n\nProfessional Liability Insurance for Today's Business Environment go to:\nhttp://www.spiris.com/professional-liability-insurance.htm\nBecause today's technologically-advanced and increasingly-global business environment creates many new risks, we analyze your business and its potential professional liabilities from many angles, including risks through patent violations, third-party vendor outsourcing, and intellectual property infringement.
1123839
It is completely obvious that the previous person works for Primamerica which only sells a TERM product.  The person that said you should listen to Suzie Orman is an IDIOT.  The recommendations that Suzie makes are for the general public, But you need to talk to an adviser to find out which Life Insurance product is the BEST FOR YOU.  There are professionals out there that will sit with you and find out how much coverage is needed and why that is important to you.\n\nThere is a good chance that you will need life insurance in 30 years if you save correctly.  Have you ever heard of tax-free withdrawal of cash value?  Have you ever heard of supplementing cash value in a Permanent policy to pay income tax on your retirement accounts?  Have you every heard of ESTATE TAXES?  Both Term and Permanent products are good and will help you accomplish the objectives that are important to you.  Most successful people own a combination of both.  Be careful when buying Universal life that you fund it properly so that it does not dissolve with its "Flexible Payments".  Go see a professional. (Northwestern Mutual, New York Life,  Mass Mutual)
546547
I had the same business about 30 years ago, while I was in college. Its unlikely that your customers will ask about insurance and bonding for this business type. It might be better to start operating the business and if anyone ever ask for insurance and bonding, decide then if that account is worth the expense. If your business is setup as a corporation or LLC, you would be protected from most liability yourself anyway. Make sure that your contract holds the doctors office or restaurant where the aquariums are located responsible for any damages that may occur. Their employees and customers are more likely to damage the aquarium and spill the water than you are. Try to keep the business small enough to handle the accounts yourself. Having employees is where most of your business troubles will start. More help available if you need it.\n\nI recently retired from the real estate business in Central Florida after 27 years. For the past two years I have been offering free business mentoring services to young entrepreneurs. I can offer a variety of small business ideas depending on your personal interest and abilities. I will also make myself available for consultations by email or phone. I do not charge for these services.\n\nIf you want to know more, please feel free to write to Bruce at boatclub@go.com . I will help if I can.
1051421
"Why I need it?"\n"Is this cheapest product you have?"\n"Why shouldn't I keep my insurance and investments separate?"\n\nAnd the most shocking question: "Do you own this type of policy that you are selling me? If so, can I see it?"
250227
One way would be to set yourself up with a General Agent. I use Bisys for this. Go to www.bisysinsurance.com for more info.
309394
Well you should definelty have GL and probably Cargo... i know the insurance we write has a $7,500 ded. for pharmaceuticals.  Also you might as well just go for the whole package policy meaning you get coverage for GL, Crime, Cargo, and property.
296186
It's not required, but if you can find a medical malpractice insurer to write you a policy you should buy it.   Don't ever assume your employer is ever going to carry your liability because if, in a suit, you are found to be solely responsible, they will come after you and once they take the small amount of liability in your homeowner's policy (usually up to $50k), then they'll come after the rest of your assets.\nAn easy way to protect more of that is to buy an umbrella liability policy.  If you already have a homeowner's policy, you can usuallly get a $1-mil umbrella for under $150 per year.
100788
DramaGuy is almost right.  A claim doesn't always increase the premium of the policy.  It depends on the type of claim and the company.
1033540
It's expensive, I know that. It's something like $323.68 without insurance. (Last figure I rememeber being told to me by my pshychiatrist in CO).
129859
what the hell is wedding insurance? i have heard it all!!!!!!!!!!lolololololololololol
720285
Get in on an insurance plan. :)
423326
It depends on if you are single or have a family. Assuming you are single if you work for a company that offers it probably about $80 to $100 a month. If you buy your own policy probably about $500 - $600 per month
535743
By getting a very large liability insurance policy because you are going to need it. Next best choice, talk with a good lawyer on how to insulate your company from liability claims.
53381
224??? Get insurance!!!
300093
dsinngerdj,\nYou are providing poor information to the public and any clients that you meet with.  It appears that your only product line is term insurance so you say that that is the only type of insurance that makes sense for anyone.  That is simply wrong.  Every person has a different financial situation and until they have reviewed their situation and established a plan, you can not say that.  For many people a combination of term and permanent coverage is their best bet.
363533
I think that this will be a helpful page for you:\nhttp://ca.dir.yahoo.com/Business_and_Economy/Business_to_Business/Financial_Services/Insurance/Commercial/Professional_Liability/Medical_Malpractice/