Director’s and Officers’ Liability insurance quite simply is designed to protect Directors and Officers against personal liability that they may incur in respect of amounts which they are liable for, in respect of claims made against them arising out of the performance of their duties. The renter’s policy usually includes several other coverages, such as additional living expenses which might be incurred if the residence is temporarily uninhabitable following a loss; personal liability insurance if someone is injured in your residence; and alterations or improvements the renter has made to the building at his/her own expense.
The Employer’s Liability Insurance Policy indemnifies the Insured against liability at law to pay compensation and claimant’s costs and expenses in respect of the bodily injury by accident or disease to the Insured’s Employees for which he is liable and will in addition to pay all costs and expenses with the Company’s written consent.
So saving money on small business health insurance is about doing a combination of things simultaneously to get good rates, and to then maintain those rates.. And it will require a consistent effort from you, your employees, and your insurance provider.
While an expiry date for the period of insurance has been indicated, as with many policies, the policy may be cancelled at any time in the future and its effectiveness can also be affected by any non-disclosure or misrepresentation by you when applying for the policy as well as the terms of the policy.
The Foreign Workers Hospitalization and Surgical Insurance Scheme (FWHS) or better known as SKHPPA is specially designed in view of increasing Hospital and Surgical charges and to reduce financial burden of the Employers of foreign workers in the event of hospital admission of their foreign workers due to accident or illness.