INSURANCE Finance App News and Information Insurance Finance in Digital Era

A surety bond insurance claim occurs when a party fails to fulfill their obligations under a contract, and the surety company that issued the bond is required to make good on the claim. Surety bonds are typically required in construction projects, where the contractor is required to obtain a bond …

An inland marine insurance claim is a request for compensation filed with an insurance company when property covered under an inland marine insurance policy is lost, damaged, or stolen. Inland marine insurance is a type of insurance that covers property that is in transit or stored away from the insured’s …

An errors and omissions insurance claim can protect businesses and individuals from financial losses resulting from mistakes, errors, or omissions in the performance of their professional duties. These claims are typically covered under professional liability insurance policies, which provide coverage for claims alleging negligence, breach of contract, or other wrongful …

Life insurance provides a financial safety net for loved ones in the event of the policyholder’s passing. For divorced individuals, life insurance can be especially important since it can help to ensure that financial obligations, such as child support or alimony payments, can continue to be met even if the …

A directors and officers (D&O) insurance claim is a request for coverage under a D&O insurance policy. D&O insurance is a type of liability insurance that protects directors and officers of a company from personal liability for claims made against them by shareholders, employees, or other third parties. D&O insurance …

Life insurance provides financial protection for families in the event of the death of a parent. For stay-at-home parents, who often do not have a traditional paycheck, life insurance can be a critical safety net. In the event of the death of a stay-at-home parent, life insurance can help to …

An employment practices insurance claim is a request for coverage under an insurance policy that protects businesses from financial losses resulting from allegations of wrongful employment practices, such as discrimination, harassment, wrongful termination, or retaliation. These claims can be costly to defend, even if the allegations are ultimately found to …

Life insurance for business owners is a type of life insurance that is designed to protect the financial interests of a business in the event of the death of the owner. It can provide a payout to the business to cover expenses such as lost profits, outstanding debts, or the …

Critical illness insurance is a type of insurance policy that provides a lump sum payment if you are diagnosed with a critical illness, such as cancer, heart attack, or stroke. This money can be used to help pay for your medical expenses, lost income, or other financial obligations. Critical illness …

A professional indemnity insurance claim is a request for compensation made by a client who has suffered a financial loss due to the negligence of a professional service provider. Professional indemnity insurance is a type of liability insurance that protects professionals from claims of negligence, errors, or omissions in the …