first_imgThe recent riots have highlighted a need for business owners to ensure they have no gap between insurance covers. We have been inundated with calls from business owners in the riot-hit areas, who have let their cover lapse and are now wanting cover. This presents a problem as we are unable to backdate cover.It has also highlighted a need to renew your business insurance as early as possible as it is now becoming difficult to place insurance within the riot-hit areas. The Association Of British Insurers offers the following advice, which NAMB Insurance echoes:”We have every sympathy for residents and business owners who have suffered damage to their properties. This is a time of enormous stress for them, and their insurers will be on hand to answer any questions that they may have. Home insurance should cover people for fire, looting or damage caused. Many policies will also cover people for accommodation costs if they cannot stay in their home.”Most commercial insurance policies will cover businesses for damage to their premises, including the interruption to their business as a result. Some policies will also cover those businesses which are not damaged, but whose trade is affected by the aftermath. It is important for people to contact their insurer to check what they are covered for and arrange for immediate help. It is too early for us to have an accurate picture of total costs, especially business interruption costs, but insurers are working hard to deal with claims coming in, which will give a sense of the level and cost of damage.”Stuart Knowles, affinity manager, National Association of Master Bakers Insurancelast_img read more

Phoenix, SMB in key faceoff

first_imgDefending Murphy will be a major cause of concern for Alas, although he thinks he has the perfect man for that job in Calvin Abueva.Sports Related Videospowered by AdSparcRead Next Handball still has chance at SEAG inclusion Nadine Lustre’s phone stolen in Brazil Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Japeth Aguilar embraces role, gets rewarded with Finals MVP plum LATEST STORIES Phoenix Petroleum coach Louie Alas knows that San Miguel Beer is the most dangerous team in the PBA Governors’ Cup at the moment.Not only because the Beermen have a loaded local roster despite the continued absence of reigning four-time MVP June Mar Fajardo, and a talented import in Kevin Murphy.ADVERTISEMENT Tim Cone, Ginebra set their sights on elusive All-Filipino crown Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Allen Durham still determined to help Meralco win 1st PBA title Phivolcs: Slim probability of Taal Volcano caldera eruption Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award MOST READ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew The top four qualifiers will get twice-to-beat advantages in the first round of the playoffs against lower-ranked foes.San Miguel, obviously, doesn’t want to belong to the latter, although the Beermen are currently on the bubble at No. 8 with a 2-4 card, no thanks to that unlikely losing streak.And for the Beermen to entertain thoughts of qualifying in the upper half of the playoff draw, they would need to sweep their remaining five games as they close out with matches against TNT KaTropa, NorthPort, Rain or Shine and Meralco.San Miguel will come into the game a well-rested team, while Phoenix will be trying to take the momentum of a 123-97 ripping of NLEX on Wednesday night into this crucial match.“I felt the nature of the (lopsided) win (on Wednesday) served the team well,” Alas went on. “I was able to play my major player minimal minutes, even Eugene (Phelps, his import).”ADVERTISEMENT Gov’t to employ 6,000 displaced by Taal But it is because of something else.“They’re coming off three straight losses, and that makes me worried,” Alas said as his rampaging Fuel Masters tackle the Beermen Friday night at Mall of Asia Arena in Pasay where a twice-to-beat advantage could await Phoenix with a win after the 7 p.m. contest.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back Chriss“Losing four games in a row hasn’t happened to them in a very long time,” Alas said. “That makes them (Beermen) very hungry coming into our game. And also, they need to win (again) to get back in the top four race.”With a 6-2 card, the Fuel Masters are tied for fourth spot with Blackwater and wouldn’t want to drop out of that position going into the most critical stretch of the elimination round. Don’t miss out on the latest news and information. View commentslast_img read more