Here is an excerpt from a new blog post at GreggMarcus.com:
All
policies are organized by specific sections and regardless of what
insurance company you use there are many similarities in the contract
provisions. It is important that you know what the sections are and
typically what they are describing in order to help you quickly get
information that you need from these contracts which at often times
exceed one hundred pages. In this post, Long Island Insurance Executive,
Gregg S. Marcus clearly lays out the facts, myths, and everything else
you must know about insuring your small business.
The initial few
pages are usually the declarations page or pages. These declare the
name, address, amount of coverage and specific limits that the insurance
carrier will provide the client. It’s more or less a brief summary
which will highlight the main factors of the risk the insurer is
providing the coverage for.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
