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Welcome
to The Flood Group
Our
team is proud to provide
you our unique newsletter. This
newsletter shares strategic risk
management ideas that you too can share with
your clients!
"Our clients" and "your clients"
are the locomotives. Locomotives
are known to be the most powerful machines in
the world. However, without
tracks they're rendered useless.
The Flood Group "designs and builds" the Risk
Management Tracks for your locomotives to run
on! | |
Business
Income Worksheet
One of most overlooked components in a
commercial insurance plan is Business Interruption
Coverage. Business interruption coverage
provides a company with funds to make up the
difference between its normal income and its
income during a forced shutdown. Click the
link below for a Business Income
Worksheet you can use for your clients, or
better yet, verify that your own business is
properly insured!
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Worthless Pieces of
Paper
This article, by Donald S. Malecki, explains
how exclusions are rendering some policies
useless. It is likely the most important
must
read we have
posted!
"Considering that the demand for a standard
market to write contracting risks is greater than
the supply places a great deal of pressure on
producers. The reason is that producers not only
must understand the functions of excess and
surplus lines but also must be aware that it is
largely a 'buyer beware' market."
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| Our
360 Solution Approach
The Flood Group Insurance Agency is committed
to working with you to accomplish two main
goals. The first goal is to provide your
company with a formal risk management plan
resulting in long term risk reduction. Not
only does it reduce your total cost of risk, it
positively impacts your profits. The second
goal is to make your company more attractive to
the insurance marketplace, resulting in your
placement with the best possible insurance
company.
To find out more, Click Here to visit our website or
call our office at
(516)417~5800. | |
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| Monthly
Insurance Tip
A strategic
risk management program, based on questionnaires,
surveys, reports and sound advice from professionals can
assist you to actively protect your business. Insurance,
as part of this program, will give you peace of mind
that you may be able to resume trading in the event of a
disaster or a liability claim against your
business.
To see the rest of this months tips and more Click
Here |
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