As the year is coming to an end and we reflect back on 2019, we are thankful for each of you placing your business with Assurance Brokers Ltd. We hope that you have had a successful year for your company and the year brought you growth, experience and new business relationships. 2020 brings Assurance Brokers […]
News / Links
We understand that knowledge is key to making informed decisions about your needs. We have provided this page as a resource tool to support our clients by providing valuable news articles on current insurance related topics as well as links to industry related sites. We trust that you will find this as informative and beneficial as we have.
Assurance Brokers is recognized as an expert in the insurance industry. Many times we are asked for opinions, and our professionals are published in industry-leading publications. On some occasions we also author and distribute white papers or informative letters to clients and referral sources. A select group of these items is presented below, along with additional articles of interest.
The Three C’s of Construction Bonding
You’ve waited for the job to come along for a long time. You pull the specs, begin reviewing the job details and come across the words, “Payment and Performance Bonds will be required by the low bidder.” Does this become an end, or is it a start to a newer, larger world of construction contracts. […]
Do You Know the Facts About Life Insurance?
Whole life or term life, beneficiaries and death benefits are some of the basic terms about life insurance. What do they all mean? Here is a list of the most frequently asked questions about life insurance answered for you. If you have any additional questions or would like for our experts to talk with you […]
How to stop the trend of increasing workers compensation claims in your business
Along with the rising costs of healthcare, the costs of workers compensation losses are skyrocketing. Many claims start out as small, routine losses but they can quickly grow into a significant claim. Employer’s costs for workers compensation insurance can also be impacted as the frequency and size of claims increase. This guide covers tendencies of […]
Homeowner’s Insurance – do you know your coverage?
Your home is typically your biggest investment in your life, and it should be protected that way. But, do you know what your homeowners policy actual covers? Not all policies offer the same coverage and benefits. This gives an easy breakdown of general terms, coverages and what you can look for. Our team is also […]
Why Businesses Fail?
Being a partner in the insurance and surety industry for over 30 years now, I’ve seen many construction companies grow to be successful businesses over time. Others, start successfully, but things begin to unravel over time and there can be multiple reasons for the failure but a common denominator for failure is uncontrolled or under […]
Construction Bonds: What is a Bid Bond?
Bidding season is upon us again, which means there will be an increase of available projects. However, to some contractors, this may be the first time you have seen the requirement of a project needing a bid bond. This process may seem overwhelming, but it is easier than you think. A bid bond requirement can […]
How Likely is it that Your Business will be Sued?
Every year, over 40 million lawsuits are filed within the United States. Even for a case that you have no fault, it still costs time and money to defend yourself and your business. There are ways to protect yourself, you just have to know how. As a small business owner, you wear many hats. You […]
Why is a Business Succession Plan Important?
Do you know what will happen to your business in the event of a sudden death or extended illness? Succession planning is important to the continuity of your daily operations. For any business owner, your business is an example of your hard work, determination and a tremendous source of pride. You work to protect your […]
What Does General Liability Really Cover?
However, depending on your carrier and your needs, your policy may not be covering you the way you think it does. There are some common exclusions in all General Liability policies, such as Pollution Liability, Liquor Liability, Equipment/Tools coverage, etc., but do you know what General Liability actually covers? Or, more importantly, what it does […]
