In the insurance world, material change is described as “any change material to the risk and within the control and knowledge of the Insured” or “a substantial and continuing change in your situation that affects and increases the risk involved to insure your property”. Material change of any kind could affect your insurance. An insurance policy is a legal contract…
Your home and/or commercial property are amongst your most valuable and important assets. Updating, upgrading, and maintaining your properties not only protect your investment and make practical sense, but also could affect insurability. Home Insurance Insurance companies require details regarding the major components of your home, including the roof, plumbing, electrical, heating, and hot water, which must be updated or…
Now, there is insurance coverage to protect against losses or damage created by a cyber attack involving a computing or connected home device.
A major consideration in structuring a Buy/Sell Agreement for dealing with the potential of the death of a shareholder is ensuring that the remaining shareholders have the financial means to pay for the purchase.
A Buy/Sell Agreement is a vital document that protects you from the confusion and potential for disagreement that can come if something happens to a business partner.