March 12, 2022 |

Is Product Liability Insurance the Same As Professional Indemnity?

12Mar

By Daniel MassNo Comments

Business

Is Product Liability Insurance the Same As Professional Indemnity?

If you have a small business, you may be asking yourself, "Is product liability insurance the same as professional indemnification?" While this type of insurance is not required by law, it can protect you from large payouts if you are found liable for a product defect. These lawsuits are often very expensive, so it's important to protect yourself and your business by investing in product liability insurance. This type of insurance protects your business against claims related to products and services. It can cover legal fees and compensation costs in the event that a customer is injured or damaged by your product. If you're not a manufacturer, you can still purchase this type of coverage. But it may not be a good choice for your business if you sell hazardous products. It may ...

How to Select a Scent Diffuser: The Complete Guide for Homeowners

The market for scent diffusers is worth over $1.59 billion. The popularity of these products makes sense when you realize the brain's powerful response to scent. Scientists once believed that humans could only distinguish between 10,000 odors. That number has since jumped to approximately 1 trillion. Each one elicits a powerful reaction as it impacts memory and emotion. Read on to learn how to select a scent diffuser that'll give your home the right aroma for years to come. Compare Your Options Essential oils have been used for aromatherapy for centuries. The ancient Egyptians put them in cosmetics and ointments. Ancient Chinese and Indian cultures used over 700 of them for medicine. Chemists documented the benefits of these compounds in the 18th and 19th centuries. They've ...

For a Modern and Comfortable House: What to Have

We are always only one design choice away from having a home that looks outdated and old. There is a thin line between traditional and tacky, and we need to have a keen understanding of the key characteristics of a modern house. At the same time, modern need not be cold and sterile. If you want your house to feel trendy and ultra-comfortable like many modern homes in a suburban community, here are some features and additions you cannot neglect. Great Room One of the key markers of a modern house is an open floor plan concept, which means that all your common rooms—the living room, kitchen, and dining area—are all together in one Great Room. You might notice that homes that were built before the 1990s had common rooms separated by walls, so if you want your home to feel new and...