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The Donald is returning to the place where he first staked his claim as a TV personality.

NBC has announced a premiere date for its “Celebrity Apprentice.” The seventh edition of the show, which will feature 14 reasonably famous people vying to raise money for their favorite charities, is scheduled to premiere at 9 p.m. ET Thursday, Jan. 3.

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Is liability insurance important even if you’re an IT professional? Whatever kind of business you go into it is very important to have insurance plans. If you are a computer technician you should make sure you purchase computer technician insurance so you are covered if something happens as you work. Today, we have a world that is complex, quick, and sometimes hazardous. You’d like to have liability insurance for the just in case, the hidden or the accidental side of the business end. You wouldn’t think having an identity could cause any harm, but today, you have a very big problem with identity, called identity theft that can bankrupt you over-night. But what is liability insurance?

General liability insurance is covers damage , bodily damage, property damage, and medical coverage for a person who gets hurt on your property. Contractual liability, is very important to get in the IT, industry for it covers premise-lease, elevators, railroad deliveries or side track agreement, and license agreements for easements. Liability insurance compliments your technology professional liability insurance. If you’re an inventor and loves to tinker you will need the liability insurance for your safety as well as peace of mind. Check with your trusted insurance agent for all the different liability coverages for our State which are tax deductible too!

Management

Being a twenty-something woman in today’s society one would assume that I would know the answer. However like many people I am actually quite in the dark when it comes to this topic. So, what are surety bonds? After a bit of research I compiled the following information. A surety bond is used in several different ways, but there is a basic formula for any situation. It is comprised of three parts; the principle, obligee, and surety. The first party, the principle, is a person or organization being secured against default. The second party, the obligee, is a person or organization who is owed either money or labor. This is where the third party, the surety, comes into play. The surety is a person or organization who promises to pay a certain amount if the “principle” defaults. For example, if after hiring a contractor he does not complete the job, providing he is bonded, one could get a portion of the moneys paid reimbursed. In this situation the contractor would be the principle, the person who hired the contractor would be the obligee, and the company bonding the contractor would be the surety. To answer the question “What are surety bonds?”, surety bonds are a guarantee that works in favor of the customer to ensure that an agreed upon service will be performed or product will be received.

Business Tips

Small business owners, entrepreneurs, and manufacturers may all need liability insurance to protect themselves and their business from financial disaster of potential lawsuits.

Liability Insurance Protection in Three Areas:

1. To cover injuries caused by a product that malfunctioned, faulty, or even a defect. IF someone is injured properly using an item sold by a business, the injured person could sue. Good product liability insurance protects the business from this type of lawsuit.

2. If the item sold has a faulty design, both the manufacturer and the seller of this item can be sued if there is damage such as fire, or personal injury.

3. A product is used improperly or in a way that it is not intended, and does not have a disclaimer for this kind of use or abuse of the item. If this item causes injury or damage, the seller can be sued for lacking the proper warnings.

Courts have determined that both the seller and the manufacture are liable for injuries and damage caused by items sold from a business. Liability Insurance protects you personally, and the welfare of your business from potential lawsuits and financial disaster.