Insurance providers in the US are mandated to offer terrorism risk insurance so businesses aren’t left vulnerable to terror attacks. The act that mandates this coverage is the Terrorism Risk Insurance Act. What is the Terrorism Risk Insurance Act? The Terrorism Risk...
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Insurance Basics
Medical Payments Coverage: The Business Owners Guide
What is Medical Payments Coverage? Medical Payments Coverage, also known as MedPay, covers expenses related to injury or damage that happens on the insured's property or as a result of their operations. It applies irrespective of who's at fault. I.e. even if your...
Types of Product Liability: The 3 You Need to Know in eCommerce
Ignoring product liability could be the biggest mistake your eCommerce business makes. No business owner wants a string of customer complaints. But it’s about more than that – potential lawsuits, recalls, and a tarnished reputation. Understanding the different forms...
Insurance Premium Audits for eCommerce Businesses: Step-By-Step Guide and How to Avoid Them
Insurance premium audit. An annual necessary evil to ensure your insurance coverage meets your actual needs. In this blog post, we'll guide you through the audit process and how it can help you manage your insurance expenses effectively – or read until the end for how...
Insurance Premium Financing: Strategic Tool or an Expensive Mistake?
Are you considering choosing a premium financing option for your business insurance? An increasingly popular option for businesses struggling with, or simply wanting to improve, their cash flow, insurance premium financing allows you to make monthly insurance...
Why Do I Need to Connect My Seller Accounts for the Best Quote?
We get it. In a world where personal data is your most valuable commodity, it's natural to hesitate before connecting your eCommerce seller account just to get an insurance quote. But here's the thing: At Assureful, we're not just about providing...
How to File a General Liability Insurance Claim
Would you know where to start if your eCommerce business was hit with a product liability claim? Panic or stress shouldn’t be your first port of call. Of course, your insurance provider should be. Here are five tips you should know about when it comes to dealing...
How to Find the Cheapest General Liability Insurance for eCommerce Businesses
There’s no question about whether general liability insurance is essential for eCommerce business owners. The question is how to find the cheapest general liability insurance for your business. From factors to look out for to proactive risk mitigation, this article...
Product Liability Risk in eCommerce: What Online Sellers Need to Know
It’s no secret that the digital landscape is evolving at a rapid pace. High street shops closing down and tech giants like Amazon seemingly running the world. But as the online space continues to evolve, so do the challenges and risks associated with selling...