BNF Insurance Services – Terms of Business OUR AIM Our aim is to provide our clients with a fast and efficient service whilst offering value for money. As a true independent intermediary we are committed to providing you with all the information necessary to enable you to make an informed judgement of the product that you are buying. Our Terms & Conditions as set out below and show what our responsibilities are to you. Also, as you are buying a […]
Business Interruption Insurance – Who needs it? There are lots of reasons why a business should have Business Interruption Cover, but basically it comes down to to one main question. If you had a large claim (fire or flood for example) and substantial damage was done to buildings or other assets, would this affect your ability to trade for a reasonable period of time? If the answer is yes it would affect your ability to continue trading, you need to […]
Intellectual property insurance is incredibly important as this is a specific insurance specially designed to safeguard your business ideas or plans. It will ensure that you have the cover in place against a number of instances including copyright, trademark or patent infringement claims. Intellectual property insurance will pay the costs to defend you if someone tries to claim the rights to the same business model, process, or application. At BNF we as a broker always tailor the insurance to you […]
10 THINGS TO KNOW ABOUT PROFESSIONAL INDEMNITY INSURANCE All following information compiled and supplied by QBE European Operations (www.QBEeurope.com) A GUIDE TO PROTECTING YOUR BUSINESS 1. Do I really need Professional Indemnity insurance? Do you provide advice or a professional service to clients? If so, it may be advisable to consider professional indemnity (PI) insurance. It’s a type of business insurance that can provide cover for disputes arising from a mistake or allegations of negligence. Most businesses invest time and […]
“Street style from this year’s festival as revellers battle scorching temperatures and storm warnings. With Royal Ascot almost over and Wimbledon just around the corner, this weekend it falls to Glastonbury Festival to provide the style material for the rest of us to pore over. And while last year was a total washout, this year has so far gone entirely the other way…” Read the full article from the Evening Standard here If you need fashion insurance or clothing insurance, […]
If you or your staff were taken ill, injured or became a victim of crime what would they or you do? Business travel insurance can provide you, the employer, with peace of mind that should something happen you have the protection of insurance to support you. The benefit of Business Travel Policies is that the policy is in the name of the company and not an individual, meaning that whoever is away is covered. The Foreign and Commonwealth Office gives […]
Two unnamed British people have been detained in Majorca and will face an ongoing judicial investigation amid an alleged fraud scheme involving food poisoning claims. They are suspected of encouraging tourists to make bogus claims, with their supposed targets said to be British holidaymakers in hotels in Spanish town Alcudia. Read full article here
Average car insurance premiums could increase by up to £75 a year as a result of a government ruling, industry experts have said. A new formula for calculating compensation payments for those who suffer long-term injuries has been announced by the Ministry of Justice. Read the full article here
You may have heard about a change in the law regarding insurance and wondered what it means for you and your business. This guide will help you understand a bit more about it. So, what is it? A new Insurance Act will come into force on 12 August 2016, replacing some of the provisions of the Marine Insurance Act of 1906. The new Act provides a more up-to-date framework for commercial insurance in the UK and will apply to all […]
It seems catfishing has entered the world of insurance. Devon Live has noted that several reports of people responding to fake insurance brokers on social media have reached Action Fraud, the UK’s national reporting centre for fraud and cybercrime. In many cases, victims losing contact with the fraudsters once money has been transferred. Read the full article here
Hastings is seeking a tax rebate, claiming UK operation isn’t insurer, says newspaper Read the full story here