Preview

Professional Indemnity Insurance

Satisfactory Essays
Open Document
Open Document
402 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Professional Indemnity Insurance
All business professionals want to be financially stable. You can be financially successful if you have a large clientele. You will ake more money if you have more clients, but you are still at risk for lawsuits. If you are sued by a client, you can lose a large portion of yr assets. Fortunately, you can protect your finances with professional indemnity insurance. When you purchase professional indemnity insurance, the insurance will pay for negligence liability claims.

Avoid a Financial Disaster
As an expert in your field, you give out great advice on a regular basis. Unfortunately, you can still give out inaccurate information. If you do give out inaccurate information, your customer might ay want compensation for their financial loss.

You May Also Find These Documents Helpful

  • Good Essays

    Arcadia Sports Case Study

    • 947 Words
    • 4 Pages

    When opening a business there are many choices a person can take to protect assets and liabilities some advantages and disadvantages they are listed as followed:…

    • 947 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Xmgt 216 Code of Ethics

    • 264 Words
    • 2 Pages

    * While interacting with customers always be honest and sincere because you are speaking on the company’s behalf. This is extremely important because the actions and words of our company can be binding.…

    • 264 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Legal Business Studyguide

    • 2311 Words
    • 10 Pages

    A sole proprietor bears the risk of loss of the business. In addition, the sole proprietor has unlimited personal liability. Therefore, creditors may recover claims against the business from the sole proprietor’s personal assets (e.g., home, automobile, bank accounts).…

    • 2311 Words
    • 10 Pages
    Good Essays
  • Good Essays

    Microsoft Excel Questions

    • 305 Words
    • 2 Pages

    · If the customer has problems understanding or following your instructions, briefly explain an alternative…

    • 305 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Double Indemnity

    • 572 Words
    • 3 Pages

    Double Indemnity Film Noir “Double Indemnity” is the classic example of the film noir style and also set some standards for movies to come. Film noir is not necessarily a type of genre but rather a tone that branched of from the crime/gangster sags of the 1930’s. It has certain elements such as crime, greed, and violence that are supposed to represent the same type of evils in society and of course a moral conflict at the base of the plot. The protagonists in film noir are normally driven by their past or by human weakness to repeat former mistakes. There is also a level of comedic sarcasm traced within the dialogue. I personally felt the dark salty smell in the air that the movie affectionately revealed. This is considered one of the greatest film noirs ever. With a witty concept with the double indemnity clause, even going into the film and not knowing was ‘double indemnity’ meant was exciting since it sounded so cool. One of the very first real thrillers would so many twists and turns, making us wonder why Walter Neff is telling Keyes about everything and why he is breathing hard and sweating. Phyllis and hear obviously fake wig telling us she is indeed hiding something. We know she’s the reason for Walter’s condition as he speaks to Keyes through the message he’s leaving for him, but we don’t know why and we can’t think of why she would do something to him. Neff and Phyllis meet at her house and she tells him she has been seeing Nino only to provoke Nino into killing the suspicious Lola in a jealous rage. Neff is now wholly disgusted and is about to kill Phyllis when she shoots him first. Badly wounded but still standing, he advances on her, taunting her to shoot again. She does not shoot and he takes the gun from her. She says she never loved him "until a minute ago, when I couldn't fire that second shot." Neff coldly says he does not believe her; she tries hugging him tightly but then pulls away…

    • 572 Words
    • 3 Pages
    Good Essays
  • Good Essays

    double indemnity

    • 649 Words
    • 3 Pages

    “That’s all it takes, one drop of fear, to curdle love into hate” (Cain 54) – As soon as he set his eyes upon Mrs. Nirdlinger, Walter was in love. Both Walter and Phyllis may have an evident lust for money, but Walter’s infatuation with Phyllis’s being definitely encouraged his violent actions. It is interesting that Walter is already coming to realize this. Walter realizes what he has been lured in to and is trying to put some blame on Mrs. Nirdlinger’s sex appeal. Walter cannot come to grips with what he has just done to her husband.…

    • 649 Words
    • 3 Pages
    Good Essays
  • Good Essays

    INDEMNITY AGREEMENT

    • 291 Words
    • 2 Pages

    This INDEMNITY AGREEMENT , dated as of September 17, 2013, is between Locomotive Transportation , Inc., a New York corporation (Locomotive) and Rapid Trains Corp., a Massachusetts corporation ( Rapid).…

    • 291 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    double indemnity

    • 570 Words
    • 2 Pages

    The film Double Indemnity _________ the classic Film Noir conventions and characteristics. From the very beginning of the film, the audience is introduced to a setting of a dark city night, with streetlights creating reflections off the water gleaming from the pavement. The mood is enhanced through German expressionalism; almost completely dark lighting was used as well as vertical lines to enhance drama and mood. In one scene, the blinds of a window shadows Walter’s face to appear as prison bars, this lighting technique was used to enhance the idea of Walter feeling imprisoned and trapped. The characters Phyllis and Walter are often standing in shadows throughout the film, which create a hopeless and fatalistic mood, which in turn emphasize what is happening in the plot. The shadows also enhance the idea that film noir focuses more on the environment and feeling rather than the actor or plot. The film also uses a great amount of narrative dialogue as Walter narrates his past actions; flashbacks were used which is a classic convention of Film Noir. These stylistic techniques used throughout the film enhance the overall vibe and mood of Double Indemnity.…

    • 570 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Sole Proprietorship

    • 328 Words
    • 2 Pages

    Liability is unlimited. The owner or sole proprietor is legally responsible for all debts, law suit settlements and contract fulfillments. Though insurance policies can be purchased to protect against unforeseen events, a judgment decree or balance exceeding the purchased plan amount could come directly out of the personal assets of the owner including but not limited to personal home, bank accounts, college funds or other tangible assets.…

    • 328 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Quality Insurance

    • 1721 Words
    • 7 Pages

    In today’s health care environment, competition remains high and many organizations are seeking new ways to improve their quality of care, as well as remain competitive with other health care organizations in the process. Various methods exist today for organizations to integrate quality improvement strategies to help in the measurement of performance improvements. This paper will discuss:1) several methodologies, the pros and cons that exist with these methods, 2) describe information technology applications, how they may be used to improve patient falls, 3)discuss how benchmarking and milestones are involved in managing the use of quality indicators, and finally,4) describe how performance and quality measures are aligned to an organization’s mission, vision, and strategic plan, and how these measurements align with Self-Regional Hospital’s mission, vision, and strategic plan for improvement.…

    • 1721 Words
    • 7 Pages
    Best Essays
  • Satisfactory Essays

    As a sole proprietor, however, you are your business in a legal sense, so if you lose a lawsuit as a result of your business activities, your personal assets -- including your house and savings -- can be seized to pay off the debt. For this reason, many serial entrepreneurs choose to incorporate any new business venture they start, and you should consider the same if you have substantial personal assets which might be at risk. Even incorporation, however, will not protect your personal assets if you are personally at fault in a legal action; some activities, including fraud and other illegal acts, will make you personally liable regardless of corporate cover. Sole proprietorship is usually preferred because it is simpler, requiring no legal filings to start the business. It is especially suitable if you're planning on starting a one-person business and you don't expect the business to grow beyond yourself.…

    • 431 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Life Insurance

    • 494 Words
    • 2 Pages

    Life insurance is becoming more and more popular with many people now realizing the importance and the benefits of a good life insurance policy. There are two main types of popular life insurance, both of which offer a range of invaluable benefits to consumers.…

    • 494 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Asian Development Bank. (2009). Natural Catastrophe Risk Insurance Mechanisms for Asia and the Pacific. Asian Development Bank.…

    • 5703 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Principles of Insurance

    • 1272 Words
    • 6 Pages

    Principle of Uberrimae fidei (a Latin phrase), or in simple english words, the Principle of Utmost Good Faith, is a very basic and first primary principle of insurance. According to this principle, the insurance contract must be signed by both parties (i.e insurer and insured) in an absolute good faith or belief or trust.…

    • 1272 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Customer Is Always Right

    • 391 Words
    • 2 Pages

    The customer is always right is usually wrong. In my line of work I see this every day. I am a manager at an outlet store and dealing with customers is my number one priority.…

    • 391 Words
    • 2 Pages
    Satisfactory Essays