Business interruption insurance — the kind Ms. Melchionda should have had — pays not just the lost sales and rent and payroll costs while you rebuild your business after an accident; it also pays for you to rent a temporary office or equipment so you can get back on your feet faster.
These policies are just the first building blocks of your insurance coverage. There are dozens of other policies you could add, depending on the kind of business you run. Some, like medical malpractice for doctors and hospitals, are absolutely essential, while others are pure waste. To determine what you need, start by asking yourself two questions: how likely is it that you’ll sustain damage, and could you cover the cost of the damage yourself? As experts like to point out, insurance is meant to cover catastrophes, not pay for maintenance.
“It’s a gamble,” said George Von York, a public adjuster who helps business owners negotiate higher claims payments from insurers. “Most people will never have a substantial claim in their life. But boy, when you need it, it’s good to have that coverage.”
1. The passage mainly focuses on .
A) how to buy the most suitable insurance for your own business
B) how to pick an agent for you own business
C) how to pick a policy when you buy the insurance
D) how to deal with the insurance company
2. Gabrielle Melchionda .
A) did not realize that the insurance company will compensate her loss in the fire
B) realized the real pain for her loss in the fire when the fire broke out
C) had her company insured against business-interruption
D) was very sorrowful when her beauty company caught fire
3. Buying insurance sometimes is frightening in that .
A) you should ask other people in your industry for the advice
B) it is not easy to distinguish the honest advice and the lie
C) there are different types of agents for you to choose
D) you do not know where to buy insurance for your company
4. If you have an unusually risky operation .
A) you should find a trustworthy vendor
B) you should seek help from insurance company
C) you are supposed to hire a risk expert
D) you are supposed to weigh the risk of your company by yourself
5. What kind of policy is required by the state law?
A) Workers’ compensation
B) Property insurance
C) General liability insurance
D) Business interruption insurance
6. In the policy of “worker’s compensation”, the rates _______________.
A) are the same in different occupation
B) are the same in different industries
C) are different in different occupation but the same in different industries
D). are different in different industries and occupations
7. George Von York ________________.
A) thinks to most people it is not necessary to buy insurance
B) thinks we are supposed to buy certain insurance in our life
C) is a public adjuster who charges higher claims payments from insurers
D) is an excellent seller in insurance
8. Property insurance covers your physical premises as well as .
9. It is necessary for you to buy the more expensive occurrence policy if it is .
10. Business interruption insurance also pays for you to rent .
上一页 [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] ... 下一页 >>
(责任编辑:admin)