Sunshine Coast Businesses: The importance of Management Liability Insurance


One can liken protecting your business to legal planning—an undertaking which incorporates many facets, as well as risk management. Business owners instigate business protection strategies in order to protect their enterprises against litigation and creditors. Appropriate insurance in a sense is much more important given the nature of today’s society: a litigious civilisation wherein defendants with wealth aren’t immune to being scrutinised.

This is where several protective methods come into play, such as Management Liability coverage. Companies like Insuring theProduct, can assist businesses to obtain this special insurance policy which helps companies on the Sunshine Coast and beyond to protect key intangibles from the claims of creditors. Included in the latter are patents, copyrights and trademarks (which primarily document ownership), confidentiality/non-disclosure agreements, employment agreements, data backup and the like.
http://bit.ly/1LbJzIi

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Sunshine Coast Businesses: The importance of Management Liability Insurance


One can liken protecting your business to legal planning—an undertaking which incorporates many facets, as well as risk management. Business owners instigate business protection strategies in order to protect their enterprises against litigation and creditors. Appropriate insurance in a sense is much more important given the nature of today’s society: a litigious civilisation wherein defendants with wealth aren’t immune to being scrutinised.
This is where several protective methods come into play, such as Management Liability coverage. Companies like Insuring theProduct, can assist businesses to obtain this special insurance policy which helps companies on the Sunshine Coast and beyond to protect key intangibles from the claims of creditors. Included in the latter are patents, copyrights and trademarks (which primarily document ownership), confidentiality/non-disclosure agreements, employment agreements, data backup and the like.
http://bit.ly/1LbJzIi

How Management Liability Insurance Covers You from Thieving Employees


Among many other risks that a business might face, loss due to thieving employees is one of the most complicated things to deal with. In such cases, a business does not only lose a part of their assets or stocks, but they are also at risk of facing unfair dismissal charges from these dishonest employees. Nevertheless, this does not mean that you should be ignoring these events, particularly if an employee had taken quite a significant amount of assets from you. A good example would be what happened in a coal mine near Newcastle.

According to reports, a 38-year-old mineworker has been charged for stealing over 300 kilograms of copper wire from a coal mine at Black Hill. Police found three 100 kilogram spools of copper wire (worth around $3,500) from the mineworker’s car during a search, the same quantity which was reported to be stolen.
http://insuring.theproduct.com.au/news-updates/industry-news/how-management-liability-insurance-covers-you-from-thieving-employees/