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Edwin Williams is a 22-year-old gym assistant who enjoys painting, escapology and badminton. He is stable and careful, but can also be very lazy and a bit untidy.
Pubic Liability Insurance: Reasons Why You Need it

Pubic Liability Insurance: Reasons Why You Need it

The business environment in Singapore is ever-changing. But some things haven’t changed. One of them is risk. You see, running a business in Singapore is risky because of unexpected and unfortunate events like an accident during your business.

The best and likely the most effective way to protect your business from legal and physical damage is by insuring your business. Presently, there are different types of insurance for businesses. Each of them is unique and has specific things they protect against. But which will be best for your business?

A survey that was conducted a while back shows that many businesses in Singapore are opting insurance such as Public liability insurance. Want to find out why? If yes, I suggest you read this article carefully, as we will be taking a close look at Public liability insurance to learn what it is all about, and how small and medium-sized businesses can get the most out of it.

The following article by Aviva explains why businesses in Singapore in Insurance.

What is business insurance and why you need it

In an ever-evolving business environment, insurance coverage can protect businesses against unexpected events so owners have the confidence to keep moving forward no matter what happens. Here’s how it works. Read more here.

You are likely now abreast with some compelling reasons why businesses in Singapore need to have some sort of insurance. You also now know why the future of businesses without insurance is uncertain. But do you know how much it will cost to have one of the most important insurance for small and medium-sized businesses in Singapore?

This article by Bizcover sheds light on the cost of opting for one of the most popular types of insurance in Singapore.

How much does Public Liability Insurance cost?

On average, small business owners can expect to pay around $80.75 per month for Public Liability insurance. Public Liability Insurance is one of the most popular types of insurance for businesses. In fact, it is essential for almost every kind of business from those that operate in the Read more here.

You surely now have an idea of how much it will cost you to opt for Public Liability insurance. You also now know some factors like turn over, the size of your business, number of employees, and location, just to mention a few. But do you know that there are other types of insurance you need to have aside from Public liability insurance?

This article by Employee Benefits unveils some important type of insurance you probably don’t know about.

9 TYPES OF INSURANCE A SMALL BUSINESS SHOULD HAVE

As a small business owner, you’ve probably spent a lot of time and energy launching your company and cultivating its growth. There are so many things to manage, and the last thing on your mind is probably insurance! Read more here.

You are likely now abreast with some 9 types of insurance like property insurance, workers compensation, marine cargo insurance, professional liability insurance, and cyber liability insurance, and many more that small businesses should have. Yes, all of them are great and can go a long way in protecting a business. Before opting for any of them, it is important that you first consider the risks that your business is constantly exposed to, and choose the one that can protect against it.

Final note

Whether you own a small company or a large enterprise, you must insure your business against the risks and uncertainties that are inevitably going to spring up as you run your business.

As you probably know, there are different types of insurance out there. No doubt, all of them are great, but some of them may not add much value to your business.

 For example, opting for marine cargo insurance when you own a restaurant business isn’t going to do you any good. The obvious reason for this is that you don’t import or export goods. Opting for Public Liability insurance, on the other hand, is a better option, as it can help cover the cost of any accident that occurs in your business area.

How Businesses in Singapore are Leveraging Public Liability Insurance for Protection

How Businesses in Singapore are Leveraging Public Liability Insurance for Protection

Thinking about starting a business in Singapore? If yes, then you need to prepare for the unexpected. The obvious reason for this is that nothing is 100% certain, a disaster or an accident can happen in your office or on your business premises at any time.

 If you aren’t prepared, you may end up spending your revenue from your business to cover the cost incurred by the unexpected event. Trust me; you don’t want to be unprepared.

But do you know that there is a way you can protect your business from the damages that are inevitably going to rise as you carry out your business activities? It is through public liability insurance. But what exactly is it? How does it work? What does it cover? What determines its costs? Want to find answers to these questions? If yes, find out more here https://allegiance.com.sg/commercial-insurance/public-liability/

This article by Kent Thune explains how public liability insurance works and how you can get the most out it.

Public Liability Insurance: Cost, Coverage & Quotes

Public liability insurance (PLI) covers claims arising from injury or property damage suffered by a member of the public on your premises or other locations where you work. Most United States businesses can get the same coverage in their commercial general liability policy. Read more here.

You likely now know  that pubic liability insurance protects against everything from bodily injury and legal expenses to property damage. You also now know that it doesn’t cover errors and omissions, advertising, personal and employee injuries, and a lot more. But do you know how massive businesses like Foodpanda and Deliveroo are using it to protect their business? If no, read the next article carefully.

The following article by Toh Ting Wei sheds light on how big businesses in Singapore are using third-party liability insurance to protect their business.

Foodpanda looking into third-party liability insurance, Deliveroo and Grab riders already covered

SINGAPORE – Pedestrians are now better placed to claim for damages should they get into an accident involving riders from the three major food delivery services in Singapore. Deliveroo and Grab have already taken up third-party liability insurance for their riders, Read more here.

You likely now know how established businesses like Deliveroo, grab, and a few other big names in Singapore’s business space are leveraging third-party liability insurance. You also now know that it is probably going to be mandatory for businesses in the food delivery industry to opt for public liability insurance.

This article by Bizcover shares on how much it is likely going to cost you to have public liability insurance.

How much does Public Liability Insurance cost?

On average, small business owners can expect to pay around $80.75 per month for Public Liability insurance. Public Liability Insurance is one of the most popular types of insurance for businesses. In fact, it is essential for almost every kind of business from those that operate in the trades and service. Read more here.

You likely now know that it is going to cost you around 80 to 100 dollars per month if you own small businesses. Keep in mind, that that amount may increase or decrease depending on factors like- the nature and type of your business, the size of your business, the location of your business, and a few other things

Final note

Public liability insurance is a must-have for small, medium sized and large businesses in Singapore, especially those that come in contact with clients or customers regularly.

Before opting for it, it is wise that you learn about what it covers and doesn’t cover, its requirements and pricing, and lots more.

If you happen to have a question or aren’t really sure about anything, promptly consult an expert. Trust me; they will be more than happy to help you out.

Best Types of Public Liability Insurance for Small Business Owners in Singapore

Best Types of Public Liability Insurance for Small Business Owners in Singapore

If you own a small business, you may assume that you don’t need public liability insurance. The reason for this may be because you don’t make a lot of deliveries or because you have a small customer base. If you think like this, you are going to land into serious trouble or something. Don’t believe me. Now think about this- Imagine that a client trips or falls and have a serious injury during his visit to your office. Imagine that a cup of hot coffee spills over your client’s computer. If you don’t have public liability insurance coverage, you may end up paying thousands of precious dollars to cover for damages. This could hurt your business in the long run.

Do you still think a small business doesn’t need public liability insurance? Pat yourself on the back if you answered no because you are 100% correct. 

This article by Newtek sheds light on 13 types of insurance small business owners in Singapore should have.

13 Types of Insurance a Small Business Owner Should Have

1. General Liability Insurance: Every business, even if home-based, needs to have liability insurance. The policy provides both defense and damages if you, your employees or your products or services cause or are alleged to have caused Bodily Injury or Property Damage to a third party. Read more here.

You likely now know some thirteen types of insurance small business owners need to consider opting for, like General Liability, Property insurance, Business owner’s policy (BOP), commercial auto insurance and worker’s compensation insurance, just to mention a few. See, you don’t have to opt for all of them just because you want to protect your business. Instead, pick the ones that best address the risks associated with your business.

The following article by Wikipedia talks about one of the best types of insurance business owners that have constant contact with customers like restaurant need to have.

Liability insurance

You likely now understand how public liability insurance works, the various types that are available, and what they can protect against. You also now know some strategic ways to get the most of it and some important things to consider before opting for it. Read more here.

You likely now understand how public liability insurance works, the various types that are available, and what they can protect against. You also now know some strategic ways to get the most of it, and some important things to consider before opting for it. But do you know the difference between liability and public liability?

This article by Sean Ross explains the difference between public liability and liability.

Are Liability and Public Liability Different?

When you see the term “public liability” attached to a business, its products or its services, it refers to a specific type of legal liability that could result from injury to a member of the public while on company premises. Read more here.

You likely now know a whole lot about pubic liability and liability. You also now know what set it apart. Regardless of the nature of your business, you need to keep in mind that you need to have insurance. Of course, you have the freedom to opt for anyone, but before making a final decision, it is wise that you first consult an expert.

Final note

The risks associated with running a business are many. While some are avoidable, others cannot be helped. Before they occur, you must take steps to prepare your business by opting for public liability insurance.

Ignore this, and you may end up paying a small fortune when an accident occurs in your business area or office. 

 As you likely know, public liability insurance has terms, conditions, and policies. Make sure you learn as much as you can about it before making a final decision.

Best Food Items to Relieve Your Joint Aches

Best Food Items to Relieve Your Joint Aches

You could be already taking medicines for your joint pain – either over-the-counter or prescription to relieve joint aches as well as inflammation and stiffness. Many studies have, however, revealed that certain supplements, spices, and foods can help apart from regular treatments and medicines.

Alternatively, you can look for joint support products such as PIP Elekiban Support. If you are having knee support issues, you can consider knee support products such as PIP Elekiban Knee Support. Check out Knee Support Singapore for more information.

Check out the recommendations of the experts on the diets to have.

1. Green tea
It is one of the world’s most widely used beverages. Green tea’s positive health benefits have been a subject of many studies. It has polyphenolic compounds that have anti-inflammatory feature and is known to complement the nutritional therapy effectively.

2. Herbs and spices
Ginger and turmeric are spices acknowledged worldwide for their anti-inflammatory properties. These spices are frequently used in Indian dishes. In fact, turmeric finds its uses in traditional Asian medicines due to its anti-inflammatory benefits.

3. Cruciferous vegetables
Apart from the intake of other vegetables an affected person should make an effort to consume half a cup of cruciferous vegetables on a regular basis. These include kale, sprouts, Brussels, cauliflower, or broccoli. Many nutritionists feel they are powerhouses of different kinds of nutrients like fiber, vitamins, and antioxidants. A group of researchers from Maryland made a study of an antioxidant compound called sulforaphane in 2005 discovered in cruciferous veggies. They also discovered that the compound can block an enzyme, which triggers inflammation and joint aches. Apart from helping patients suffering from arthritis, they are also useful for athletes putting a lot of stress on their joints.

4. Fish oil
Fish oils have many associated benefits as they are a rich source of omega-3 fatty acid. Many studies conducted on consumption of fish oil demonstrate that there are anti-inflammatory properties that are especially useful to relieve joint pain. Fish oil can be found in cold-water fish like sardines, trout, and wild salmon. Natural sources of vegetarian and vegan food include organic soybeans, chia seeds, and flax seed.

5. Mediterranean diet
Several studies have inferred that a Mediterranean diet has different kinds of health benefits. In fact, some of them have overlapping attributes with nonsteroidal anti-inflammatory drugs.
People suffering from joint pain and arthritis should avoid these foods
Refined grains and sugars like white bread, pasta and rice should be avoided as much as possible if a person wants to get relief from joint inflammation or reduce it.

In case you have a feeling that despite being careful about your eating habits, you are succumbing to diet-related joint aches; it is time to consult a doctor as soon as possible. Alternatively, you can look for joint support products like the one we have mentioned at the top.

Why you need visitor management systems

Why you need visitor management systems

Why you need visitor management systems

Organizations have people going in and leaving all the time. They include employees and visitors. If you have a system set up to identify employees, it is vital to have records of visitors as well. Having a record of visitors helps you to keep track of the company’s productivity and ensure security is observed. Some companies use a visitor’s book or sheets of paper to record the movement of visitors into the premises. However, it is difficult to follow up on visits since these easily get lost. The safest way to have a record of the visitors to your company is with the use of visitor management systems.

If you are looking to protect your institutions from such troublesome behavior, you should consider ATT Systems Group. They offer not only an integrated Visitor Management System, but also advise on how to run it. Check out their ATT Systems Visitor Management today.

In this article in thereceptionist.com, the author discusses the benefits of using a visitor management system.

Importance of investing in visitor management systems

“How many visitors are in your office right now? How many did you have yesterday? What about on August 27, 2016? You probably struggled to answer at least that last question, if not the one before. And if you could answer them at all, you likely had to pull out the binder that holds your visitor sign-in sheets or find the old Excel spreadsheet in your shared drive and manually count the entries.” Read more here

Visitors can quickly turn into paying clients depending on the kind of reception they find at your premises. They want to feel valued and protected. Having their names displayed for future visitors may discourage them from giving their real names or even returning. Once they feel their privacy is respected, they may trust you enough to do business with you. Having records you can easily extract also means you will be able to refer to visitors by their names without asking them to introduce themselves every time they visit your office.

In this article in silvaconsultants.com, the author talks about electronic visitor management systems.

What to expect from an electronic visitor management system

“Electronic visitor management systems are used to sign-in and track visitors who come to visit your facility. Electronic visitor management systems are an electronic version of the visitor sign-in sheet or visitor log book that is commonly used at many facilities. Electronic visitor management systems make the visitor sign-in process more efficient and provide an improved ability to track visitors.” Read more here

The electronic visitor management system gives you flexibility on the information you would like to capture. When visitors use manual systems when signing in, they are restricted to using their names, ID numbers, and signatures. The electronic system gives the option to include photos, barcode scanners, card scanners or personalized visitor badges. This system allows you to have a record of every visitor, duration of stay, and frequency of visits.

In this article, Paul Kazlauskas discusses the security benefits of using electronic visitor management systems.

 

How electronic visitor management system boosts security

Electronic Visitor Management Systems (VMS) are an electronic version of the visitor sign-in sheet (or visitor log book) used in buildings for years and are being implemented more frequently in the business world. While more expensive than a traditional log book, the VMS offers a more efficient and full-proof sign-in process.” Read more here

Accidents have been known to occur in buildings sometimes. It would be irresponsible of you not to know how many people are in your building at any given time. It may be easier to tell how many employees are in the building because of the systems set up to monitor the movements of employees. However, not being able to account for the visitors is risky. You are responsible for every individual in your business premises. One way of taking responsibility is by having an electronic visitor management system.

Having a visitor management system shows your clients that you are embracing technology as a company. Some visitors are easily impressed by the set-up of a business from the moment they walk in. This could give you the conversion you need, from one being a visitor to becoming a client. The electronic visitor management system allows you to develop a personalized relationship with the visitors to your building. You also get to collect records which may be used in case security issues arise. If one of the visitors to your premises is linked to some offenses, you will be able to retrace the person’s steps and evaluate the visitation patterns.

Fact or fiction can a magnet patch relieve pain

Fact or fiction can a magnet patch relieve pain


Fact or fiction? Can a magnet patch relieve pain?

Magnetic therapy is a type of therapy for sore muscles and chronic pain. A magnetic patch works by keeping the body in balance. When the body is in balance muscle soreness and pain isn’t felt. A body being in balance means the body’s magnetic fields and charged ions are in balance. When a part of the body is injured, positive ions rush to the area which causes swelling and pain. Magnetic therapy makes the positive ions retreat from the injured area which allows the body to return to its normal negative state. A good magnet patch would be from pip. More information can be found at http://pip.com.sg/our-products/pip-elekiban

A magnet patch looks like a small band- aid and can be applied anywhere on the body. They are inconspicuous and blend very easily into the skin. A study conducted by Dr. Vallbona in November 1997 has shown promising results for magnet therapy. Dr Valbona studied 50 post polio patients with painful arthritic joints. He gave active and inactive magnets randomly to participants to strap onto their painful trigger points. When 45 minutes had passed, 76 percent of the active magnet patients reported pain relief while 19 percent of the inactive group reported less pain. These results pointed towards magnet therapy showing improvement to patients with chronic pain. While these results are promising, after Dr Valbonas study, not much more research has been conducted on magnet therapy even though Dr Valbona himself advocated more research as his results looked promising.

Magnet treatment cannot and should not be ignored as it generates over a billion dollars in revenue each year. Such a large amount of growing returns show that magnetic products like magnet patches and necklaces are working for the vast majority and can be used to cure chronic back pains, wrist pain, neck pain etc. A human in the 21st century spends a lot of time sitting down because of work, health, school etc. Sitting in one place for too long is unhealthy for a human in the long run. Magnetic patches can be used while sitting to act as a counter to the unhealthy amount of time we spend sitting down, preventing body pain and soreness.

More research needs to be conducted on magnet therapy but for now the research available to the public has pointed towards magnet therapy being a viable way of treating muscle soreness, stiffness, joint pain, lethargy, depression and a whole host of other issues which have plagued human society for many hundreds of years and continue to affect us today.

Procedure to file a Public Liability Insurance claim in Singapore

Procedure to file a Public Liability Insurance claim in Singapore

Public liability insurance is a commercial type of insurance that offers protection from lawsuits that a customer or a third party might file against a business for causing personal injuries or damage to their property. For example, a company damages an expensive piece of furniture while renovating a customer’s house. The customer can sue the company for the cost of the furniture. Another example of public liability is when a customer slips and falls on the wet floor of a retail store and suffers an injury. In the case where the injury affects the customer’s daily routine, a lawsuit can be filed against the retail store, claiming damages.

Before purchasing public liability insurance, it is an excellent strategy to take the following measures to reduce the risk of facing a public liability.

  • Develop a set of safety procedures and document them. An organised set of safety procedures reduces the risk of public liability and, in the event of any unfortunate incident resulting in the filing of a lawsuit, shows that the defendant has been taking appropriate measures to ensure public safety.
  • Train your employees to follow the safety procedures effectively.
  • Use equipment that is of the best available quality.
  • Obtain a license to do a job that requires a license.

In spite of the best safety procedures, an incident can occur that leads to the filing of a public liability lawsuit. A public liability insurance policy that offers the best protection for the risks faced by your business will help build customer confidence. If anything unfortunate happens, the customer is assured that adequate compensation is available. Also the damages to be paid in a public liability lawsuit can be very high.

After any incident that requires the filing of a claim to obtain public liability insurance Singapore, notify the insurance company immediately. Contact the police if there is a possibility that a crime has occurred.

Provide the following documents as required to the insurance company while submitting the claim form:

  1. Incident report
  2. Police report
  3. Colour photographs of property that is damaged and the location where the incident took place.
  4. CCTV footage of the incident, if available
  5. Letter of intention to claim from the third party claimant.
  6. Writ of Summons
  7. If the damaged property has been repaired, the invoice from the repairing company.

 

It is crucial to remember not to admit any liability before obtaining the written consent of the insurance company. Avoid discussing anything related to liability with the third party without a legal representative.

Keep your Premiums up to Date

Keep your Premiums up to Date

Forgetting to pay for a service that is due for a renewal can cause financial stress down the line. For instance, if your premiums are not paid on time, you can lose out in case of an emergency. Most insurance providers ping their clients with a reminder, but in case you do not get the reminder in time, keep a diary so that you are not caught on the wrong foot. In the case of professional indemnity insurance for a small or big business, it is vital to pay the premiums on time.

You never know who can slap you with a claim, leaving you and the business vulnerable and open to a lousy rep and financial ruin. It does take time to get the policy right, and while the premiums can get high, it is advantageous to renew them in time. An attitude of ‘this may not happen to me so why pay for something that is unnecessary’ is so wrong, because you just never know what is lurking out there. By keeping your eye on the ball, you will be prepared for any bad press, which is essential today. 

A professional indemnity insurance policy keeps the business in check from prospective claims, should they arise. Quite a number of people make it their business to file claims against a firm because of a number of reasons. Instead of finding yourself or the business in the line of fire, it is better to stay on point. Breach of contract or improper advice by a service provider to a client is a cause where the individual or business can file a claim. Aside from the fact that the damages may hit the ceiling, running from pillar to post to get suitable counsel can take a lot out of you.

Being prudent with keeping your business taken care of with the right insurance policy as detailed on the website www.allegiance.com.sg will keep you free from facing crazy economic losses. Naturally, one may say that if the advice given was good advice, why worry about a lawsuit? Many businesses have faced the wrath of employees who have filed cases against them for a variety of reasons. This opens the doors to an out-of-court settlement so that the firm does not have to deal with unnecessary negative publicity. With the right insurance cover in place, the business can protect itself without going south.professional_indemnity_insurance_main_banner_1_v2

Different Terms In Marine Insurance That Are Interesting To Know

Different Terms In Marine Insurance That Are Interesting To Know

Like any other subject, the insurance is an ocean to learn. For someone who is new to this kind of business, where the trade has to happen between nations as sea or ocean as the medium of transport, there are numerous words to learn from the dictionary of marine insurance. Enhance your business vocabulary with a few terms related to this subject. Who knows, they might come handy as and when required in a situation that meets with the venture over marine.

Interesting terminology – Few of these terms might sound so general, it feels like it was used on regular basis. But, try finding the meanings related to marine insurance which might help in coping up the scenario.

The terms are ATL – A- Actual, T-Total, L-Loss, CTL – C-Constructive, T-Total, L-Loss, General average, average, franchise, co-insurance, retention, deductible, and excess.

Learn in-depth

ATL and CTL are useful in determining the loss that happened to a cargo, and these two acts act as proof to separate the loss. Actual Loss is when the damage happened is equal to the value or exceeds from real property value. Constructive loss is when both the cost of loss and salvage together can match the value or exceed. It helps in proper assessment of the damage happened in a situation.

Actual Total Loss = [Cost of damage or loss > (or) = property value] Constructive Total Loss = [Cost of (repairs + salvage) > (or) = property value]

General average – It is different from the department that covers marine insurance. To declare general average, there should be some event that has happened out of the ship owner’s control, voluntary sacrifice, some of the property saved. It is a typical clause provided for such a situation.

Average – Average can identify if a good is insured lesser than it’s worth. It can reduce payable amount of the claim.

Excess – In a situation where loss happens, the amount that is payable by the insurance.

Franchise – It is the least amount of damage or loss that should be paid by the policy holder even before the insurance company covers the policy limit.

Co-insurance – This is an amount that should be paid by the individual for any type of service provided by the respective insurance company after paying the deductible.

Retention – In case of no-insurance for the loss happened, assumption of risk is termed as retention.

Deductible – Before an insurer pays the coverage of the claim, some amount needs to be paid by the individual for the loss.

Meaning of Corporate Insurance

Meaning of Corporate Insurance

Imagine a situation where you suddenly find that you have lost all your money. Imagine a situation where you realize that your business is running at a loss and you are in dire need of finances to keep it afloat. Imagine a situation where you have met with an accident or is going through a prolonged treatment and you need a constant flow of cash to ensure that the treatment does not face any impediment. How do you ensure that you always have a financial support system, both personally and professionally? It is in such situations that you need an insurance. An insurance is a way of protecting yourself from financial loss.

A legal entity that provides the insurance is usually known as the insurer. It is also known as an insurance agency or insurance company. The person or company that buys the insurance is known as the policyholder as the person or company is duly insured. The insured pays a small amount as interest to the insurer with the assurance that in case of monetary loss, the insurer will compensate the insured. The small amount that is paid like an interest is known as the premium.

Corporate Insurance:

A corporate insurance is an insurance that protects business from financial losses due to some unforeseen circumstances that may take place during the course of the business. In corporate insurance coverage, there are different types of insurance that cover different types of monetary damage, like legal liability, damage to property, risks that may be posed to the employees during their tenure in the company

In places where there is a lot of business happening, there are many agencies that provide corporate insurance. Corporate insurance in Singapore is very common. There are many companies, big and small, that operate from Singapore. They are dealing with huge amount of capital investments and revenues every day. Thus corporate insurance in Singapore is very important to ensure that the companies are insured from any kind of monetary loss that may lead to bankruptcy and thereby closing down of the business.

One business is linked to another in one way or another. Thus, the closing down of one business will affect another business in an adverse manner. In this manner the web of corporate setup will have to endure many ripples that will disrupt the smooth running of business. Thus corporate insurance is very important in a corporate setup.

Western Ch’an Fellowship

Western Ch’an Fellowship

If you are new to Ch’an or to the WCF then please use the top two links on the menu on the left to find out more.

On this site there is much original material.

Under the Retreats link you will find details of our Retreat Centre and our Retreat Programme, and reports by past participants of their experience of retreat. You can also read about our retreat cooks and their cooking

The Local Meditation Groups link will take you to a page with information about and contact details for our local meditation groups around the UK.

Under the Resources link you will find past and current issues of our journals and newsletters, some sutras and other literature, Dharma talks, the complete text of one of Master Sheng Yen’s books, poetry, photos, artwork, and book reviews. Also there are other documents such as a recommended Buddhist Reading List, our constitution, links to other sites with significant Buddhist resources, and more.

The People link takes you to information about our teachers and their lineage, officers of the WCF, affiliated organisations, other WCF contact details, etc.