May 2021
A Basic Guide to Surety Bonds
What Is a Surety Bond? A surety bond is a legally binding contract in which three entities are involved: The principal – the person who needs to fulfill the contract. The surety- the person who acts as a guarantor on behalf of the principal. The obligee- the person who owns the contract. The surety extends credit to the principal so
Commercial Insurance for Your Ecommerce Store: What You Need to Know
Commercial insurance is much-needed protection for your e-commerce business. Understanding and possessing the right commercial insurance coverage can give your e-commerce business an edge and protect it against unforeseen circumstances. Ecommerce businesses come with many risks, such as product liability issues, cyber risks, and professional liability concerns, which can be mitigated with the right commercial insurance policy. Of course, there
Life Insurance for Business Owners: Here Is Why You Need It
For business owners, having life insurance is as good as having capital. It isn’t only aimed at future support for business owners; life insurance also gives you the liberty of getting a loan from your insurer. It is a great asset for all business owners to consider. There are two basic kinds of life insurance policies: term and permanent. For
8 Major Factors That Can Result in Distracted Driving and How to Avoid Them
There are many different ways in which drivers can be distracted while driving. There are three main types of driving distractions: 1) Visual distractions that take the driver’s eyes off the road. 2) Manual distractions which take the driver’s hands off the wheel. 3) Cognitive distractions which take the driver’s mind off driving entirely. There are also two different forms
