General Liability Insurance – When Do I Need It?

General Liability Insurance covers many things as well as bodily injury and property damage. Essentially it covers you when you and your employees injure/damage someone else or their property. General liability, is individualized, so If you’re searching online quotes your information will be submitted to several companies from which a qualified agent in your area will review. You’ll need to talk to that agent you buy it from, to see what is covered. Here are some questions people are asking about when they are considering what type of general liability insurance coverage to get.

Selling Products At An Inside Space

The minimum amount of general liability Insurance is what you’ll need for a policy. The general liability will cover your standard slip and fall types of accidents. Before you set up at a inside space, the municipality will, without reservation, suggest that you carry minimum limits of liability. The municipality will also necessitate that they be added to your liability policy as extra insured and they will want you to supply a certificate of insurance showing these provisions have been met. In addition to the general liability you will want to add product liability coverage. Product liability is designed to cover you if someone alleges that they were sickened by using your product. A municipality may or may not require you to carry products liability. However, because you will be selling to grocery stores they will demand that you carry products liability and once again have themselves added as additional insureds. Corporate grocery stores (i.e. chains) will often require much higher limits of liability which would necessitate the need for an umbrella liability policy.

General Liability Insurance For Clients With Bad Credit

I know of an insurance company that will check your credit on a commercial policy. They only do on personal insurance. They may look at the financials of the business for rating purposes (gross sales, liabilities, salaries, etc) & they may also choose if they will cover you based on the extent of time you have been in business. If you have been in business less than a year, this will give you more difficulty locating coverage than your personal bad credit.

General Liability Insurance Issues

List of issues for any business to think about in analyzing the terms and conditions of a General Liability Insurance policy. Is the dollar amount of the coverage enough, Is the insurer financially sound, Are the premium payments reasonable, Is the deductible too large, does the policy protect against bodily injury to customers and guests on the company’s property, does the policy cover property damage caused by employees and third parties, does the policy cover personal injuries, does the policy cover advertising injury, does the policy cover issues that stem from the company’s products, or is a individual policy needed, does the insurer have a rock-solid history of paying claims on time. When evaluating quotes all these issues come into play.

Cost of General Liability Insurance

You will have to verify with an insurance agent or two in your own state. Prices differ by state, and the rates will be calculated on your income. Not all insurance companies are accepted by all states. Each independent agent will have a group of insurance companies that he/she can write for, so it’s to your advantage to try an independent agent for the the best General Liability Insurance.

Improve Personal Productivity by Knowing Yourself Well

How do we improve personal productivity at work? Recall that personal productivity is an equation of Me, You and Situation? We want to work on the Me factor. Personal productivity starts from the individual’s awareness or as we term it Personal Awareness. Personal Awareness is based on how our mental model works. Your mental model setups mental boundaries, predict the outcome or process of work. Our personal awareness (surrounding the Me) can be characterized into four quadrants.

“I know what I can do” – The most preferred quadrant. Individuals of this quadrant know what they are doing. Know who, what, where, when and how they can do to achieve their objectives. Usually they are confident individuals that are able to predict the outcome.

“I know what I cannot do” – Usually paired together with individuals of “I know what I can do”; Individuals are conscious of their limit of their abilities. This is important as they can identify which type of work is suitable for them and which are above their abilities.

“I do not know what I can do” – Individuals fail to recognize their fullest potential. Their superiors may have identified their untapped potentials but always stumble with the unwillingness of the individual to unleash them. Usually these individuals are resistance to change.

“I do not know what I cannot do” – Ignorance is not a blessing here. Individuals that fall into this quadrant are usually ignorant and over-confident. They fail to see what they can’t perform and usually get themselves into trouble.

Personal productivity starts from understanding your personal awareness. In the four quadrants, by knowing where you are, you can estimate your effort in a task, the time frame committed, the boundaries you are working in, or even further improve personal productivity. Personal productivity is not merely the personal aspect but it can also be achieved at the situational aspect where for example, you are aware of how much effort is required in performing a certain task in a particular situation.

Of course, there is no one straight cut to a specific quadrant. There can be combinations of quadrant and they can deviate in different situations. Now look back the past events that happened at work. Which of the quadrants do you feel you best relate to in how you are aware of yourself and the situation? Were you able to identify that you were able to optimize personal productivity if you were being more aware of yourself or the situation? Have a thought about it! 😉

Personal Productivity Tips – 3 Ways to Improve Personal Productivity

For today’s busy professionals, productivity is everything. With deadlines looming, product launches coming at us left and right, and a never-ending list of work to complete, it’s absolutely essential to get that work done at the right pace, with the right mindset and to the right level of quality.

There are hundreds of methods out there to improve personal productivity, but all too often they involve sacrificing work quality or lifestyle to achieve. These three tips are completely different.

They’re not about churning out bad work at breakneck speed, they’re about maximizing work speed and quality.

Personal Productivity Tip #1: Use mini to-do lists to boost output.

Sometimes you need affirmation and confirmation that you’re getting work done. By writing simple to-do lists for yourself, you can give yourself a visual confirmation of the amount of work that you’ve achieved, and clearly lay out what you still need to complete.

Try it for yourself — simply make a short list of items on a piece of paper and tick them off as you complete each milestone. Try to keep each list under five items, for too many will cause you to procrastinate and put off work.

Personal Productivity Tip #2: Work at your peak hours.

Sometimes we just don’t feel like working. For some people, there’s a daily cycle of activity, work quality, and personal motivation.

Instead of trying to change these behaviors, it’s often best to work with them. Find your peak working hours and work within them to maximize your productivity and output.

Personal Productivity Tip #3: Don’t use too many tools.

There are hundreds of tools out there that promise to increase personal productivity, but very few of them really do.

Sure, you may speed up some aspects of your work, but more often than not you end up investing too much time in the tool to see any benefit.

Pick and choose your productivity aids carefully, and don’t invest too much of yourself in the assistance of productivity tools.