Thursday, September 29, 2011

Oil and Gas Insurance Specialists

Oil and Gas Insurance Specialists


We specialize in helping contractors manage the risk. It is important to recognize the errors that have the potential to occur on the job and how to guarantee the right to protect you from complications of the unexpected or to a specialist risk management, we are ready to help. you navigate the complex world of insurance and advise on the plans and providers that are best suited for your unique situation.
Whether you want more information about workers' compensation, general liability, bonds, disability, commercial cars and trucks, or by the sea with us to provide you with the most up to date information. Our specialists work to ensure that they have information relevant to you and your business is no general answer to your question. We know that and make it our priority to listen to your needs in order to give you the advice that matters to you most.
Which has a long history that dates back to 1914, we have the experience to provide you with the type of service you need. At what level of industry you are in, you will receive personal attention, honest answers and advice that is unique to you.
General liability. Provides coverage for your company to financial loss.
Workers Compensation. The legal rights and benefits to employees injured on the jobsite.
Bond Performance bond, bonds, bonds guaranteed by road blockages, bonds, licenses and permits.
Commercial vehicles and trucks. The liability and physical for your vehicle.
Sea water. floaters to the risk of equipment and tools.
Disability The legal rights and benefits to employees injured off the jobsite.

Oil and gas business is not easy. Treatment equipment working, crew and management, implementation, evaluation, or follow the ever-evolving government regulations are rife with potential problems. While you need to know that you're protected in case something does go wrong with any of the many problems that may threaten your work tends to be your first priority.
The EFGI We understand and can help to eliminate your worries. Using our in-depth knowledge and understanding of oil and natural gas, combined with our portfolio of insurance companies we represent specialize in oil and gas gives us a unique advantage. Let us help you proactively manage your risk.
Highlights of Coverages.
General liability.
Workers Compensation. The liability of the umbrella. Rigs and equipment. Truck The property. Control of the well. Rental properties, oil In addition, we can provide coverage for directors and officers liability, crime, employment practices liability, fiduciary liability, and more.
No matter what your size or whether you are on the coast or overseas, we can meet your needs. We offer the following types of business.

Tuesday, September 27, 2011

Whole Life Insurance a Good Investment

Whole Life Insurance a Good Investment

The classic? It is not an investment; It is insurance. But some say the financial times have changed and the stock market there. underperformed. They will advise their clients with up to 10% of their portfolios of life insurance. Check this interview with Joe Heider, Dawson Wealth Management, and Adam Sherman, financial resources Firstrust:. CNBC's Dennis Kneale & Sue Herera: to find better returns in the life (c) Media CNBCVideo. You should be aware that this guide is meant for affluent customers who are looking to diversify a portion of their portfolios away from stocks. Recommended for most people will continue to use the period of insurance for most situations Suze Orman is quite important at this point, as you can see here: Suze Orman on Life Insurance. If there are a couple of the other events that are to be used in life insurance, financial planning and estate planning and gifting of land use planning, life insurance as a vehicle to pay estate taxes when the insured loss. life This is useful for people with the land than the exclusion gifting will be used by people who want to leave a "gift" for one, love or a favorite charity. This is useful for anyone who does not. But the rich, as long as they can afford the premiums. Sales planning on a spouse's business plan, they were, except for amounts below U.S. will go through to the next generation tax free. The property is less than the federal exemption, life insurance can be used to build large businesses. On land with the exception of the central government (currently $ 3.5 million), with an estate tax due after the death of a husband and wife. This depends on the size of the estate tax will go up to 55% of the property is passed to the next generation. Form of insurance called "second to die" life insurance was created to provide coverage of this requirement only. Because the tax is not due until the death of two of the insurance will not pay until then. Insurance is owned by the trust, or adults to make money out of an estate. Permanent life insurance. (Or international) are appropriate for the planned investment is protected because only the death of the person who does not work for some specific period of time. Term life insurance money necessary to cover the pre-defined time. gifting will be used by anyone who wishes to be left behind as a "gift" for one, love or a favorite charity. The gift is the face amount of life insurance policy and will be taxable to the recipient. The face amount is less than the sum of the premiums needed to keep the policy in force. Here is an example for a 70 year old woman in good health who wish to leave a gift of $ 100,000 to keep her child. Permanent insurance is used because the coverage is limited to certain death during the period of time before the deadline. Pre-Yom Academy 's bid for this example is $ 2,009 per year with the company, John Hancock Life Insurance Company. If a woman lives to age 84, she will have to pay out $ 28,126 in premiums to receive a gift of $ 100,000 for her child. If she lived to age 94, she will have to pay out $ 48,216 if she lived to 100 years to pay off her $ 60,270, the maximum amount you paid. That's because the insurance payment for a permanent end to the age of 100, although the protection of "free" extended over 100 years old.

Sunday, September 25, 2011

oil tank insurance : Finding Insurance For Oil Spill Cleanup

 oil tank insurance : Finding Insurance For Oil Spill Cleanup
 
Insurance mandate, the government will prevent a large number of contractors involved in cleaning up oil spills in the Gulf of Mexico oil and BP.

To that end, MarketScout said it has developed a program called cleanup of oil spills and editing (Oscar) to assist contractors in obtaining a policy.

"Insured, most do not provide insurance coverage needed and many people do not fear the death of a leak this," said Richard Kerr, chief executive of MarketScout exchange, insurance agents, retailers, independent. mostly.

"There are people sitting on the sidelines because they can not get hired because they need the insurance," Mr. Kerr said.

Contractors are required to purchase pollution liability and workers in a government mandate 'compensation coverage under the workers' Harbor. Longshore 'Compensation Act (USL & H).

"There are a limited number of providers willing to take a look at this risk, especially for new customers and how they can vary by provider," said Iain Greenway, chairman of the lig Manager Marine Inc, wrote in a blog.

Such action, which has been extended over time because the case law to the benefit of those who are employed in maritime employment on navigable waters or adjoining areas.

The complicating, many insurance companies do a light on the basis of a particular state. Policies that do not work in countries affected by the spill.

"In this case, the document is to slow down the process of cleaning, since the contractor has not been out there," Mr. Kerr said. "We tried to make a one-stop solution for them to get the information they want.".

MarketScout said four leading energy company involved in the Oscar to USL & H, general liability, marine hull, liability, workers' compensation, automobile, excess liability and property

Wednesday, September 21, 2011

oil tank insurance : What Does Oil Insurance Cover?

oil tank insurance : What Does Oil Insurance Cover?

Insurance is the oil sector, which covers a wide range of activities related to the oil industry and energy.




 Some insurance companies specializing in oil companies 'management of insurance, while some others are only part of the oil industry as their clients' investment portfolios, insurance companies, particularly oil. However, there is a bigger market share and thus may provide more assurance program and an advanced service which might not be a general insurance provider.Cargo Insurance is usually the most sought after types of insurance for the oil sector. Such type of insurance covers the contents of the tanks, vehicles and goods. A. Pre-Yom Academy can also cover items such as pollution of the third party based on a sudden accident or as a response to the spill, the response to the environment and other related claims. Some of the premium, the rider training course to maintain the safety and spill response are taught.Assurance that transactions are mainly in the traditional method of distribution. But the events of the Internet, some insurance companies and online services to oil sites and portals that insurance transactions and claims can be managed 24 hours a day, 365 days a year from all over the world. These sites. However, underwritten by insurance companies in particular. In turn, it will greatly reduce the cost and response time between the claims and settlements, because everything was not addressed in the paper, the environment, security and electronic systems. Certificates and other necessary documents in a fraction of the time they took the traditional route.





nsurance also involves guarantees of oil rigs and oil well drilling industry as a whole. Rigs and wells to ensure a market for insurance cover. But the nature of the insurance industry, this oil has some changes, and changes in the aftermath of hurricanes Katrina and Rita a few years back. Last Updated guidelines of the National Insurance Commission (NAICOM) also changes the settings for the oil industry, especially the distribution of insurance of insurance in foreign countries are concerned. This was done in an effort to increase indigenous participation in oil and gas industry

oil tank insurance : What Does Oil Insurance Cover?

Monday, September 19, 2011

oil tank insurance : Oil spill insurance coverage

oil tank insurance : Oil spill insurance coverage

Homeowners often want to sue their insurers for fuel contamination, even if they only. However, the protection of third parties. Several years ago, many insurers amended their policies to remove first. (Of itself), the protection for the oil leak if you do pay extra premiums. Pay a premium and many people find themselves with nothing. However, the protection of third parties, six occurred or was discovered.



 Insurance companies usually pay for the clearing of some in order to prevent or control migration outside the protection of third parties. However, off-site migration can be stopped without cleaning up the property owners that the government can use it. This is often very difficult to do in position.In Cole v. Aviva Insurance Co. of Canada as a judge in Newfoundland has been trying to help homeowners with the introduction of a new interpretation: If the groundwater is the property of the owner of the house. contamination did not affect the interests of the Crown in the groundwater?





And if the Crown is not affected by the coverage of any third party called? The judge raised the issue of his own motion, after backing up his decision about the liability trial. He therefore ordered the parties to return to discover and present additional evidence on this issue; ° and the results of this process, any appeal is still unknown. However, if the plaintiff is successful in the end, the clock for the wave of lawsuits against other insurers as quickly with the new limits in the words of assurance. policies.Every home insurance company will try not to pay for the insurance, because they will use their own profits. This article will show us just fine. We will have to pay for insurance, why? I did not have insurance because I thought, so I can save a lot of money. I recommend it to everyone
oil tank insurance : Oil spill insurance coverage