What is the health insurance portability and accountability act

The Health Insurance Portability and Accountability Act (HIPAA) was enacted in 1996 as Title I of the Kennedy-Kassebaum Act. It was designed to improve the portability and continuity of health insurance coverage in the group and individual markets, to combat waste, fraud, and abuse in health insurance and health care delivery, and to promote the … Read more

What are the key components of a business insurance policy?

Business insurance policies protect businesses from losses due to events that may occur during the normal course of business. There are four key components to a business insurance policy: property insurance, liability insurance, business interruption insurance, and crime insurance. Property insurance protects a business’s buildings and contents from damage or destruction. This coverage can include … Read more

What does abandonment mean for travel insurance?

When you purchase travel insurance, you are entering into a contract with the insurance company. In this contract, you agree to pay the premium for the coverage and the insurance company agrees to provide certain protections. One of these protections is called the abandonment provision. The abandonment provision in a travel insurance policy protects you … Read more

What Type of Insurance Does My Restaurant Need?

As a restaurant owner, you are responsible for providing a safe environment for your employees and customers. This includes having the proper insurance in place in case of an accident or liability claim. There are several types of insurance that restaurants need, including property insurance, liability insurance, workers’ compensation insurance, and business interruption insurance. Property … Read more