The Betterley Report – Cyber and Privacy Insurance


This report provides an overview of the market conditions and coverage trends related to cyber and privacy insurance for healthcare organizations. Readers will not only better understand the cyber exposures faced by healthcare organizations, but they will also be provided with incomparably detailed side-by-side comparisons of the leading insurers writing coverage for this segment.

Insurance Coverage for Intellectual Property Claims:

Title insurance protects against losses due to defects in title. Before issuing a title insurance policy, title companies search and examine title plants or public records to identify liens, claims or encumbrances on the property, and alert you to possible title defects. The premium cost is a one-time fee payable at the time of escrow closing. In contrast, homeowner’s insurance insures your house and contents and may provide coverage for losses due to fire or lightning, theft, vandalism, and personal liability claims brought against you, the policyholder. Homeowner’s premiums are often billed monthly, quarterly, or annually and installment payment options are often available. Title insurers in California are not permitted to provide homeowners insurance to you.


What is Promotional Insurance

Often the concept can be difficult to understand, so here is a case study to let you know how a sales promotion can go wrong and how promotional insurance would have actually helped. This is the big boss of all sales promotion disasters throughout the land, also known as the hoover free flight fiasco of 1992. In an ambitious attempt to reclaim market share, lost customers and to offload surplus stock, hoover teamed up with a travel agent and offered an outstanding promotion definition offer! for every hoover product purchased with a value over £100, the customer would receive a free flight in Europe, yes, you heard correctly.

Promotional insurance is a form of risk management

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity that provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.

Examples of common personal and advertising injury insurance claims

You can gain a better understanding of the types of insurance claims covered by personal and advertising liability insurance, with these common examples that can happen to anyone. For example, you’re a contractor and one of your workers doesn’t like how a client treated him. So he goes to Facebook and shares his bad-mouthing with the world. Your client happens to notice this post and sues you as his employer. That’s where your advertising liability coverage kicks in.

Benefits of a Next Insurance policy

You may request to cancel your travel insurance policy and we will refund your premium in full, provided that the period of insurance has not started, and you have not made any claim under the policy. Please refer to the table below. The reissued travel policy will exclude coverage related to COVID-19. However, you are still covered for benefits such as baggage delay, loss of travel documents, missed travel connection, and medical benefits should you fall ill or injure yourself during your trip, so long as there is no connection with COVID-19.

Justifying for a student’s insurance. Students and children are mostly the known beneficiaries of insurance coverage due to their parents who are policyholders. When a parent submits a student application for his child to enter the field of education, he must verify and inform the school that their child is a valid beneficiary of insurance coverage to acquire a safety assurance. By using the results of a verified and certified insurance verification form, the school will know what particular medical services and emergency protocols will be covered by the child’s benefits range. This does not only help the school to lessen their expenses when an emergency arises, but it also serves as a call for the parents to feel secure as their child heads to the school campus and participate in any school-related activities.

Why is subrogation becoming so important in the insurance industry and how can it benefit you, the policyholder? subrogation is important because any monies recovered through the subrogation process go directly to the insurance company’s bottom line. The benefits of subrogation have been demonstrated in company performance. This is according to the ward financial group, a firm that researches property/casualty operations and identifies operational benchmarks that distinguish high performing companies. According to a study by ward, companies that achieved superior operating results subrogated claims at about twice the rate of average companies and recovered substantially higher percentages of their loss payments through subrogation. A company with an effective subrogation department can offer lower premiums to their policyholders.