Insumust Blog

Commercial Crime Insurance

Commercial Crime Insurance is a policy designed to protect businesses from financial losses arising due to criminal acts committed by employees, outsiders, or third parties. These crimes directly impact a company’s money, securities, and other valuable assets, and are often not covered under standard property or liability insurance. What it covers: Employee Dishonesty: Losses caused […]

Overseas Insurance

Overseas insurance is like a safety net for your international trips 🌍. It covers unexpected stuff like: – Medical emergencies (hospital bills, evacuations) – Trip cancellations or interruptions – Lost or delayed luggage – Flight delays or cancellations – Personal liability (if you accidentally hurt someone) Why get it? – Medical costs abroad can be […]

What is Crime Insurance?

Crime insurance is a type of policy that protects businesses from financial losses due to crimes like theft, fraud, embezzlement, and other dishonest acts by employees, customers, or third parties. It covers losses such as: – Theft of money, securities, or other assets – Forgery or alteration of financial instruments – Computer fraud or cybercrime […]

Group Health Insurance : Secure your team’s healthy future.

Group Health Insurance : Secure your team’s healthy future. Group health insurance is an invaluable benefit for both employers and employees, fostering a sense of security and well-being within the workplace. By providing comprehensive coverage for medical expenses, group health insurance plans ensure that team members have access to necessary healthcare services without the stress […]

Phishing Payroll Breach – Cyber liability insurance

Phishing Payroll Breach is a type of cyber attack where hackers trick employees into divulging sensitive payroll information, such as bank account details or login credentials, allowing them to redirect salary payments to their own accounts. How it happens: 1. Phishing email: Employees receive a seemingly legitimate email, often impersonating a manager or HR personnel, […]

Group Term Life Insurance

Group Term Life Insurance is a type of life insurance that provides coverage to a group of people, usually employees of a company or members of an organisation, for a specified period (term). Key Features: 1. Group Coverage: Covers a group of people under a single policy. 2. Term-based: Coverage is provided for a specified […]

Group Personal Accident Insurance

Group Personal Accident Insurance A Culture of Care – Care that goes beyond This insurance product is not just a standard policy, but a demonstration of the company’s commitment to its employees’ overall well-being, providing them with financial protection and support in case of accidents or unforeseen events. This type of insurance typically covers employees […]

Client Data Loss: E&O Insurance Safety Net

Client data loss can happen due to various reasons like cyber attacks, accidental deletion, or system failures. E&O Insurance acts as a safety net, covering costs associated with: – Notifying affected clients – Providing credit monitoring services – Legal fees and settlements – PR efforts to restore reputation It helps businesses manage the financial impact […]

E&O Insurance: With vs Without

E&O (Errors and Omissions) Insurance is a type of professional liability insurance that protects individuals and businesses from claims of negligence, mistakes, or omissions in their work. With E&O Insurance: – You’re protected against financial losses resulting from lawsuits or claims – Covers legal fees, settlements, or judgments – Helps maintain your professional reputation – […]