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What is a good children's play?

Insurance for Childrens indoor play arears.... Please help?

  • I am currently in the process of setting up a childrens indoor play area, in order to do this I need to write a business plan and include all profit and loss forecasts etc. However, when enquiring with insurance companies I've found that they are reluctant to give out any information as the business is not yet formed. Does anyone know which insurance policies I will need to take out and roughly how much they will cost per annum?

  • Answer:

    there are many different types of insurance on the market. I am currently studying to write my LLQP believe me that insurance agencies love to find a way to insure. try looking up websights most legit agencies could give you information, they cant give you specific quotes of course until you are up and running but perhaps ask one for a ball park figure if you tell them exactly what kind of insurance you are looking for, how much coverage you need, and what you need covered specifically. good luck. please dont take this as professional advice as I am not licensed as of yet but I am just passing on what it is that I know. where do you live? I have a job as soon as I pass the exam maby I could look further into this for you if I had some more information and a location.

emmatbea... at Yahoo! Answers Visit the source

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Hello... It's not that they are reluctant, it's that they don't know. There are many questions to be asked, and yes I know you want a ball park figure, but that ball park figure won't do you any good. And here's why, I work in the California market, and almost on a weekly or at least bi monthly basis there are notices avialable of rate changes. And even in the rates stated constant, there are probably 30 different companies available for what you are looking for and each will have a different price and nearly none will be in the same ball park. I have seen and quoted prices for clients that just want a ball park number and there are times where that "ball park" number will have a delta of $2000 or more. And then there are times where the difference is $10,000.00. What I can do is tell you that want you want to find is a package BOP (Business Owner's Policy). I don't know what state you're in but if you know an insurance broker (notice I didn't say insurance company) give them a call and ask them if they have a BOP for your industry. I certainly hope this helps.

Massieus

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