October 2022


3 Major Types of Construction Insurance

Construction Insurance

Construction insurance is a type of insurance that provides protection for property owners, builders, and contractors against financial losses that can occur as a result of construction. There are many different types of construction insurance, and each one provides coverage for different risks. Knowing these different types of coverage can help you choose the right policy for your project. So, without further ado, here are the three major types of construction insurance.

1. General Liability Insurance

General liability insurance is one of the most important types of construction insurance. It provides protection against claims of bodily injury or property damage that may occur as a result of your work. This coverage can help cover the costs of medical expenses, legal fees, and damages that may be awarded to the claimant. It further protects you in the event that one of your employees is injured while working on the job site. You may even check out what does general liability insurance coverage include for contractors so that you will be more knowledgeable about this type of insurance. Meanwhile, please note that this insurance will not cover any damage that is caused intentionally, or that is the result of gross negligence.

2. Builder’s Risk Insurance

Builder’s risk insurance is a type of property insurance that provides protection for buildings under construction. This coverage can help cover the costs of repairs or replacement if the property is damaged or destroyed by a covered peril. Perils can include fire, wind, hail, theft, and vandalism. This coverage can also help cover the costs of delays that are caused by a covered peril. Builder’s risk insurance is often required by lenders in order to get a construction loan and is typically written for the duration of the construction project.

3. Workers’ Compensation Insurance

Workers’ compensation insurance provides protection for employees who are injured while working on the job. The coverage includes medical expenses, income replacement, and death benefits. Workers’ compensation insurance is mandated in most states for businesses that have employees. This coverage aids in protecting the business from lawsuits that may arise from workplace injuries. Plus, it helps ensure that employees have the financial support they need if they are injured while working and are unable to work.

The Bottom Line

These are just a few of the different types of construction insurance that are available. There are many other types of coverage that can be purchased depending on the specific needs of the construction project. It’s important to work with an experienced agent for general contractors insurance in Decatur, GA, to ensure you have the right coverage in place. The right insurance policy can help protect your business from financial losses that can occur as a result of construction.

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How Cloud Accounting Services Can Help You Save Money?

One of the best ways to save money on accounting and bookkeeping services is to use cloud accounting services. Cloud accounting is an internet-based accounting system that allows businesses to store their financial data in the cloud and access it from any location with an internet connection. One of the biggest benefits is that businesses can save a lot of money on accounting and bookkeeping services. Cloud accounting services can help businesses save money in a number of ways.

Hardware and software costs:

One of the biggest ways that Cloud Accounting Services can help you save money is by reducing your hardware and software costs. When you use cloud accounting services, you don’t need to purchase and maintain expensive hardware and software. This can save you a significant amount of money.

Reduced accounting fees:

Another way that clouds accounting services can help you save money is by reducing your accounting fees. With cloud accounting services, you can often do your own accounting. This can save you hundreds or even thousands of dollars in accounting fees. With cloud accounting services, you can often do your bookkeeping online. It can save you time and money on your bookkeeping.

Increased efficiency:

Cloud accounting services can also help you save money by increasing your efficiency. When you use cloud accounting services, you can automate many of your accounting tasks. This can free up your time so that you can focus on other aspects of your business.

Access to experts:

When you use cloud accounting services, you also have access to experts. This can save you money because you don’t need to hire an in-house accountant. Instead, you can get advice and assistance from the accounting experts that provide cloud accounting services.

Pay as you go:

Another way that clouds accounting services can help you save money is by allowing you to pay as you go. With cloud accounting services, you only pay for the services that you use. It can save you a lot of money because you don’t need to pay for services that you don’t use.


Cloud accounting services are also scalable. This means that you can increase or decrease the number of services that you use as your needs change. This can save you money because you only pay for the services that you need. Cloud accounting services use the same level of security that banks use to protect their online services.


It means that you can use the services in the way that best suits your needs. This can save you money because you can tailor the services to your specific needs. You can also make sure that you get the best possible service by using the internet. You can check the reviews of the companies that provide the services that you need and you can also check the websites of the companies to see what they offer.


Cloud accounting services are secure. This means that your financial data is safe and secure. This can save you money because you don’t need to worry about the security of your data.


As you can see, there are a number of ways that cloud accounting services can help you save money. If you are looking for ways

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CFD Trading Tips for Beginners

CFD (Contract for Difference) trading is getting more and more popular each day as it is an easy way to trade in the financial markets without having to hail a broker or a financial institution. But it is not easy to trade successfully in the CFD market and a trader must be well informed of the market conditions and the risks involved before they even think of trading.

If you are new to CFD trading, here are a few tips to help you get started:

  1. Choose the right broker

Choosing the right broker is one of the most important things to do to ensure a successful CFD trading experience. You must choose a broker that is regulated by a recognized financial authority such as the FCA, ASIC, CySEC, etc.

This will give you the confidence that the broker is not a scammer and will abide by the rules and regulations that are set by the financial authorities. The broker should also have a good reputation in the market and should have a good platform for trading.

  1. Have a clear understanding of the risks involved

The CFD market is a volatile market and the prices can move up or down very quickly. It is important to have a clear understanding of the risks involved in CFD trading before starting to trade. It is also important to have a risk management strategy in place to protect your capital.

  1. Use a demo account first

The best way to get a feel of the 差价合 market is to use a demo account first. Most brokers will offer a free demo account to their clients to allow them to try out their platform and get a feel of the market. It is important to trade in the demo account for a few weeks to get a feel of the market and the platform before opening a live account.

  1. Have a trading plan

It is important to have a trading plan in place before starting to trade in the CFD market. The trading plan should include your entry and exit points, your risk management strategy, and your profit targets. It is important to stick to your trading plan and not to let your emotions get in the way of your trading decisions.

  1. Use stop-loss orders

Stop-loss orders are very important in CFD trading as they help to limit your losses in a trade. You should place your stop-loss orders at a level that is below your entry point so that you can limit your losses if the market moves against you.

  1. Use limit orders

Limit orders are also very important in CFD trading as they help you to take profits when the market moves in your favor. You should place your limit orders at a level that is above your entry point so that you can take profits when the market moves in your favor.

  1. Do your research

It is important to do your research before entering into any trade. You should read books and articles about CFD trading and also follow the financial news to get an idea about the market conditions.


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What is CPF Shielding?

Think about if “SA Shielding” is the best technique for your retirement planning after considering the benefits and drawbacks.

You may have heard of SA Shielding from friends or a financial advisor if you are a CPF member approaching 55 soon. This may have left you wondering whether protecting your Special Account is worth the effort, if you stand to gain anything by doing so, or if you stand to lose anything if you don’t.

To begin, let’s define SA Shielding.

When you reach the age of 55, the funds in your Special Account will not be “protected” by being moved into your Retirement Account. Please allow me to explain what happens to your CPF shielding accounts after you reach the age of 55 so that you may better understand this procedure.

The three CPF Accounts (Ordinary, Special, and MediSave) are available to you before age 55. When a Singaporean citizen reaches the age of 55, the CPF Board opens a fourth account for them called the Retirement Account. You will utilise this retirement fund to enrol in CPF LIFE, which will provide you with a steady income beginning when you become 65 years old. This retirement fund is comprised of money from both your Special and Ordinary Accounts.

To what extent would you prefer to utilise funds from the following accounts to fund your Retirement Account when you retire? You could have easily increased your savings interest by 3.5% p.a. with this method had you gone with the Ordinary Account. Or you might have responded that it doesn’t make a difference if you don’t care about the interest your investments yield. After all, you should prioritise having a comfortable cushion for your CPF LIFE payments.

The CPF Board will prioritise moving funds from your Special Account to your Retirement Account since the CPF Board knows that this is where you will need them throughout your retirement years. You may transfer up to your cohort’s Full Retirement Sum (FRS), which should be enough to cover your living needs for the rest of your life when you cash out your CPF LIFE account. The FRS for those who will reach 55 this year is $186,000. A portion of the funds in your Regular Account may be moved to your Special Account if there is insufficient money in the latter.

Some astute people in the past five years or so have figured out how to sidestep this procedure by taking use of one of the preexisting CPF schemes. The first $20,000 in your Ordinary Account and the first $40,000 in your Special Account are protected from being invested under the CPF Investment Scheme. Any money you invest in your CPF won’t be moved over to your IRA. That’s right; any money you put away in a Special Account beyond the first $40,000 won’t make its way into your Retirement Account. Since $40,000 won’t cut it for the FRS, the CPF Board will take what’s left in your Ordinary Account.

SA Shielding’s Advantages

By doing so, you have maximised the efficiency of the interest accrued on your total CPF balance. However, that’s not the whole story. Your CPF investments will be liquidated and the proceeds deposited into your Special Account. With the FRS met, your money may sit in a Special Account and collect 4% p.a. interest until you’re ready to withdraw it, at which point you’ll have your very own high-interest savings account.

Clients with even more initiative may choose to attempt a Dual Shield, investing all of their CPF funds over the limitations of both the Ordinary and Special Accounts. If they don’t have enough money in their Ordinary or Special Accounts to cover the FRS, they may put that money in their Retirement Account and earn a high rate of risk-free interest.

As you can see, SA Shielding like Direct Asia comprehensive value plan is legal since it makes advantage of pre-existing CPF schemes to arrive at a solution that, although not identical to the default, nonetheless achieves the policy goal of maximising your retirement savings via CPF LIFE. However, like with everything, you must be wary of the possibility of inappropriate use.

Cautionary Notes

Mis-selling is possible since you need to invest your Special Account funds. You may be advised to use a financial instrument with higher fees or more potential for loss than you are comfortable with, or even aware of. SA Shielding may not be worth it if investment losses mount. We advise you to put your money in short-term government bonds or treasury bills issued by the Singaporean government via your bank, or in a short-term bond fund like the Nikko AM Shenton Short Term Bond Fund. Because you want to transfer the money back to your Special Account within a few of months, you should prioritise low expenses and safety above returns.


Therefore, if you are wondering which credit card easy get approved Singapore, if you want to maximise the return you get on your CPF or cash savings, SA Shielding is a tool you may utilise. While it’s admirable to strive for greater returns, it’s also important to keep in mind that CPF is designed to provide you with a reliable income in retirement, thus your ultimate goal should be to have enough in your RA to cover your CPF LIFE payments.

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How to Use Public Block chains with Programmable Privacy?

Block chains are a type of distributed ledger, which means that they store data in a decentralized manner across a network of computers. This makes block chains resistant to fraud and tampering, as it would be very difficult for a single person or group to alter the data on all of the computers in the network. Block chains can be used to store any type of data, but they are often used to store financial data or to create digital currencies.

Understand the basics of block chain technology:

Before you can start using public block chains, it is important to understand how they work. Block chain technology is based on a distributed ledger, which means that the data is stored across a network of computers. This makes block chains resistant to fraud and tampering, as it would be very difficult for a single person or group to alter the data on all of the computers in the network.

Choose the right block chain platform:

There are many different block chain platforms available, and each one has its own strengths and weaknesses. When choosing a block chain platform, you should consider factors such as the scalability of the platform, the fees charged, and the level of security.

Set up a wallet:

In order to use public block chains, you will need to set up a digital wallet. This is where you will store your digital currency, and it will also be used to send and receive payments. There are many different types of wallets available, so you should choose one that meets your needs.

Acquire some digital currency:

Once you have set up a wallet, you will need to acquire some digital currency. This can be done by purchasing it from digital currency exchange, or by mining it.

Use smart contracts:

Smart contracts are a key feature of public block chains, and they can be used to automate a variety of processes. For example, you could use a smart contract to automatically send payments to a supplier when goods are delivered.

Decentralized applications:

Decentralized applications are apps that run on a block chain. They are often used to provide a specific service, such as a digital marketplace or a social network.

Join a block chain consortium:

A block chain consortium is a group of organizations that cooperate to develop and use a block chain. This can be a good way to get started with public block chains, as you will have access to the resources of the consortium members.

Attend a block chain conference:

Findora Defi conferences are a great way to learn about public block chains and to meet other people who are interested in the technology. The industry is still young, so these conferences can be extremely helpful in getting to know the key players, the major projects, and the overall direction of the space.

Keep up to date with the latest developments:

The world of block chain is constantly evolving, and new platforms and applications are being created all the time. It is important to keep up to date with the latest developments in order to make the most of public block chains.


Public block chains are a powerful tool that can be used to create a variety of different applications. By understanding the basics of block chain technology, and by using the resources listed above, you can start to explore the possibilities of this exciting new technology.

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What Kind of Travel And Expense Policy You Should Follow

Unfortunately, some businesses may find it challenging to see the benefits of controlling travel expenditures. Since they have faith that their employees are adhering to all of the company’s standards and processes, they don’t think it’s necessary to devote any resources to processing reports of travel expenses. Some of these businesses wrongly believe they are too small to profit from automating their expenditure reports in this way. However, no enterprise can afford to ignore the possibility of wasting time or money in any part of its operations.

In other words, what exactly is “Travel & Expense Management”?

Managing travel and spending helps businesses save money and makes work visits more convenient for employees. One option for businesses to limit their spending is through monitoring and reporting on the activities of business travellers. One way to effectively manage business travel and related expenses is to hire a travel management company. In addition to easing the traveler’s burden and adding a personal touch to the trip, this technology has the ability to humanize business travel.

Procedures for Business Trips

Your company may create a meaningful, organized, and dependable travel system with the help of a travel policy, which is its own unique document. In it, you lay down the rules for your employees’ trips, such as how they must account for their expenses and how they must be planned. As part of your company’s strategy for controlling travel and spending, a travel and expense policy is critical.

Preventing Employee Fraud

One of the benefits of efficient management of travel expenditures is attained when a business adopts a uniform travel spending policy and communicates that policy to its personnel and the management team. There is far less room for misunderstanding regarding what kinds of expenses are allowed and what kinds are not since everything is laid out clearly. It’s crucial to regularly assess the efficacy of the business’s travel policy.

Those who have worked in the business sector for any length of time know that bogus travel and expense reports account for 15 percent of all corporate fraud. Having a system in place for early identification of fraudulent activity is one of the many benefits of travel expense management for organizations. False claims for business travel expenditures are one method through which employees might seek to mislead their employer.

Some businesses wrongly assume that only large corporations are susceptible to travel expense fraud. That is the farthest thing from the truth! Employees who submit phony expense reports and fake receipts are a regular issue for small company owners. With the tools at our disposal now, forging a receipt is a rather straightforward process.

Responsibility When Undergoing an Audit or Examination

Good travel spending management also shows up in an audit, which is a nice bonus. Having a record of all of your business and travel expenses can make dealing with auditors much easier. In the case that an employee is possibly submitting an invalid expense as a legal one, several tools now on the market will inform the employee. The corporation can inform the travel expense management software exactly which types of charges are allowed and which are not, depending on the criteria established for business travel.

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