Fundamental Principles Of Insurance

Insurance is a contract, a risk transfer mechanism whereby a company (Underwriter) promised to compensate or indemnify another party (Policyholder) upon the payment of reasonable premium to the insurance company to cover the subject-matter of insurance. If you are well conversant with these principles, you will be in a better position in negotiating you insurance needs.

1. Insurable interest. This is the financial or monetary interest that the owner or possessor of property has in the subject-matter of insurance. The mere fact that it might be detrimental to him should a loss occurred because of his financial stake in that assets gives him the ability to insure the property. Castellin Vs Preston 1886.

2. Umberima fadei. It means utmost good faith, this principle stated that the parties to insurance contract must disclose accurately and fully all the facts material to the risk being proposed. That is to say that the insured must make known to the insurer all facts regarding the risk to be insured (Looker Vs Law Union and Rock 1928). Likewise, the underwriter must highlight and explain the terms, conditions and exceptions of the insurance policy. And the policy must be void of small prints.

3. Indemnity. It stated that following a loss, the insurer should ensure that they placed the insured in the exact financial position he enjoyed prior to the loss (Leppard Vs Excess).

4. Contribution. In a situation where two or more insurers is covering a particular risk, if a loss occurred, the insurers must contribute towards the settlement of the claim in accordance with their rateable proportion.

5. Subrogation. It has often been said that contribution and subrogation are corollary of indemnity, which means the afore-mentioned two principles operates so that indemnity does not fail.

Subrogation operates mainly on motor insurance. When an accident occurred involving two or more vehicles, there must be tortfeasor(s) who is responsible for accident. On this basis, the insurer covering the policyholder who was not at fault can recover their outlay from the underwriter of the policyholder who is responsible for the incidence.

Understanding The Ins And Outs Of A Coffee Franchise

Owning a coffee franchise can be a very rewarding experience, but before you sign on the dotted line and start serving hot cups of ‘joe’, there’s certain things you need to know so you can make the right decision. If you go into buying a coffee franchise blindly, you could end up making a very costly mistake.

First things first, get a reality check. You should know going in what kind of money you have to put towards a coffee franchise, you should understand your strengths and weaknesses in running a business and be very honest with yourself about how much time you’re willing to spend in your business. If you do this, you’ll be way ahead of the curve. Don’t jump into any decision. Take your time, consult with franchise experts and do your due diligence.

The attractive thing about owning a coffee franchise is the cash flow and profit margin. People are drinking coffee today like it’s going out of style and they are happily paying upwards of $3 per cup. The real cost of the coffee is under $.25. The profit margins with coffee are HUGE! On the contrary, only making a few bucks per cup isn’t going to get you a mansion in Beverly Hills. A Coffee franchise is 100% a volume business. You have to crank out thousands of cups per month to see any real income. Some of the most successful coffee franchises have drive-thrus which can make up to 70% of the revenues.

The real secret of a coffee franchise is NOT the coffee, but the atmosphere. People can get coffee anywhere, but they come to these shops because of the social element. They come to hang out, conduct business, surf the web, relax, read a book, whatever. That’s why so many coffee franchises have the relaxing and mellow look and feel to them.

However, there are things about a coffee franchise that aren’t so fun from the very start. First, the high start-up costs can be huge. Not only will you have to pay a hefty franchise fee, but then you have to get a location, you’ll have to get equipment, you’ll have inventory to get, fixed costs, variable costs, employee wages and on and on. The costs can be high. Don’t forget about the royalty fees that are based on gross revenues, not net profits.

Now even if you are financially capable of buying the coffee franchise, that won’t matter because there are more pre-qualifiers you must meet. You’re going to need a considerable net worth, a good credit history but the real challenge is that you have to get approval to buy the franchise. If they don’t like you, they won’t sell you a franchise.

The Law of Attraction – The Real Science of Getting Rich

If you’ve been paying attention to the personal development industry in the past few years then you must have heard about the law of attraction. Thanks to the movie ‘The Secret’ the law of attraction has become a household name. The truth is that this law has been known by most success teachers for years. However, it is only now that it has become common knowledge. In this article I will explain what the law of attraction really is and how it is truly the science of getting rich.

So what is the law of attraction?

You will find many definitions about this law, however, the simple and basic explanation is that this law is all about harmony. I call it the ‘harmony effect’. The harmony effect simply states that you draw to you whatever you are in harmony with and that is exactly what the law of attraction does. It draws to you everything that is in harmony with you.

So what this means is that a rich person is in harmony with money, a poor person is in harmony with poverty, a sick person is in harmony with sickness, a healthy person is in harmony with health and so on and so forth. By understanding this simple explanation you realize that you do not necessarily attract what is like you or unlike you. You simply attract what is in harmony with you. This is the secret to understanding the law of attraction.

How many times have you met people who had something you wanted and you wondered why they had it and you didn’t. You might think that you deserve more than they do but what you have to understand is that to get what you want you need to get in harmony with it. Those people you see who have the things you want are simply in harmony with them. The law works perfectly and it’s universal in its application.

How to use the law of attraction effectively:

1 – Know what you want

2 – Focus predominantly on what you want (not what you dislike or are unhappy about)

3 – Take action

As you can see the law of attraction is a simple law that can easily be misunderstood. By reading this article you should now know that the law of attraction is all about harmony. Nothing more nothing less. Your job is to know what you want, focus on it and allow the law to bring you people, places and circumstances that will eventually lead you in the direction of what you want.

Singing Lessons Software – Don’t Bang Your Head!

There are some good beginner singing lessons software programs out there if you look in the right places. Some programs don’t live up to their hype. I stick with the ones, which have a long established track record.

Just like anything, I always make sure to seek others, who have used something before I consider buying it. There are a couple of good learn singing guides you can download now, which eliminate the need for expensive vocal coaches. For me, singing lessons got expensive and I felt like I didn’t need them anymore to just review what we already learned.

With a decent beginner singing lessons software program, you don’t have to learn something one week with a teacher and then pay them again to review your progress and go over the same stuff.

I can usually hear my own progress as a singer or I can record myself to hear the progress. With a decent instruction program, they will have recording software and ways to play back what you just practiced into the mic. There are also ways to improve with singing games, which come with some programs. This might suit some aspiring singers more than hiring expensive vocal coaches.

Don’t get me wrong, some vocal coaches are absolutely fantastic, but who can afford them on a weekly basis? I sure couldn’t as an aspiring musician with a decent pay check coming from my day job. That’s why some teachers will even tell you they’re finished with you after you have four or five lessons. This is admirable when teachers do this because they could keep trying to milk you for more money.

So there are a few good programs out there just find which one has the best reputation and which one is created by someone well knows in singing circles. That way, you are less likely to be disappointed with the beginner singing lessons software that you decide to acquire.

Call Center Franchise And Remote Pizza Agent Opportunity

Call Center Franchises and Remote Pizza Agent offer professional yet personalized telephone support for established and growing businesses alike – from answering the clients calls when they cannot, to telephoning potential customers and arranging appointments on their behalf. In fact, they can handle just about any activity which involves using the telephone effectively.

The Norbells vision is to ensure service offerings were more custom-made to the clients needs and budget. Our pricing structures are completely transparent, enabling clients to easily calculate their return on investment. Future of Call Center Franchises is very exciting and bright.

Are you interested in starting your own business but afraid of doing it all on your own?

We at Norbell have solution for you. Over the last 9 years, thousands of people have discovered that Call Center Franchising with Norbell is the secret to finding an independent, fulfilling career.

No previous technical experience required to start Call Center or Remote Pizza Agent center. Norbell has become a leading worldwide franchising opportunity by developing an extensive call center training program that will get anybody started with a new business. Norbell will also offer you support throughout your career with our team of professional and trained support staff.

The reputation of Norbell speaks for itself. Entrepreneur has consistently ranked Norbell finest in the worldwide Call Center Franchising and Remote Pizza Agent category. With our franchisees operating around the world, weve grown and developed a unique business strategy and methods of operation that are designed to help you quickly start a profitable, sustainable business.

Foundation of the most trusted and profitable franchising program are Training and Support. This is the reason that we dont require you to have technological and consulting experience. Youll learn the methodology and principles of a successful franchise in our extensive Certification procedure. Youll then be ready to create a profit-driven and knowledgeable Call Center or Remote Pizza Agent Franchise, all the while making use of our on-demand support structure to help you along.

Norbell Advantage
No Contracts
No Minimum Commitments
Get 30 Days Free Trial
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Starts from US $6.99/- Per Seat per Month

Our simple concept of mutual success is the driving force behind Norbell and has helped thousands of franchisees take their places in the global market.

Take the steps today to become a part of the worldwide Norbell! Dont put off any longer your business aspirationsnow you have the tools you need to succeed!

Choosing Hardware and Software

All aspects containing software and hardware in a business environment should not be taken lightly. Many people tend to underestimate the importance of having their systems in optimal condition. For us, you should not have a tight budget as far as hardware and software are concerned. When you make an investment for something that you are going to make use of every working day, you should be looking forward, preventing problems before they arise.

One principle we always follow, is what kind of software and hardware we are going to need in order to perform our everyday operations in order to have as few problems as possible in our own working environment. Quite frankly, if we have to deal every so often with problems in our own network, we are going to have much less time available to address our customers’ issues. As a result of that, we do not invest based on a tight budget.
We also maintain a constant look at the future. We do not buy equipment for our own company, nor we encourage our customers to buy equipment based on the principle of “as long as it gets the job done”. In the future, we are going to have to invest again in order to take advantage of new technologies and to address the volume of the data involved.


We always prefer and encourage our customers to buy “brand name” products. Why? Because, according to our opinion, “brand name” products offer better quality materials than the “no name” ones. Take into account a data cable for a hard drive. If it has a loose contact with the drive itself, it will give you a headache till someone finds out what the problem is. We also always prefer hardware that is accompanied with On-Site warranty. As long as possible. We do not see as a viable option for a business environment, the process of sending the product back to the manufacturer in order to get it fixed. We see it as a luxury.


Before you buy some software licences, it would be wise to have a look at it thoroughly and test it in your own working environment before purchase. We strongly advise you to make sure that it is suitable for your own needs. Also, we encourage you to have a look at the cost, the time to respond and the kind of aftersales support by its developer. It would be wise to spend time on this matter. You will save on unnecessary expenses in the future!

Generally speaking, think what the needs of your business are going to be in the future and adapt your infrastructure accordingly, now! Stop thinking only about today’s needs, invest in the future. You will save on time and money!

We consider that all the above, require very careful planning. A bad plan can create an additional cost on the allocated budget. It can also set you out of schedule (time-wise).

Computer Hardware Diagnostic Tool Is Used Worldwide

We are a global leader in the development of state-of-the-art of Computer hardware diagnostic tool. The testing tools are designed to reduce the expenses associated with the repair and building of computers: thus limiting downtime, unnecessary repair, unwarranted technical support, excessive warranty issues and costly RMA returns.
Our company’s comprehensive computer hardware diagnostic tool specifically targets the four key phases of a PC’S life-cycle: Hardware Development, Computer Manufacturing, PC Maintenance, and Customer Support. Award Winning Computer hardware diagnostic tool, used to diagnose problems on a PC running in Windows or a DOS environment.
Our Professional PC hardware diagnostic tool allows its user to maintain quality service and support during the four phases of a PC’s life cycle. The Professional version of our Computer hardware diagnostic tool has the added ability to perform hundreds of extensive test routines which can better assist in detecting problematic PC hardware failures.
By including our Computer hardware diagnostic tool in your tool-kit, the professional technician can be assured that both valuable time and money will be saved. The features of the Professional version include a detailed reporting of the computer’s components and operating system.
In addition, extensive information about the computer’s processor, memory, hard drives, CD/DVD drives, floppy drives, monitor, video card, network card, modem, sound cards, keyboard, mouse, serial ports, USB, PCI, system board devices, and more.

Additional features for our computer hardware diagnostic tools include the ability to select and execute extensive tests for your processor, memory, hard drives, CD/DVD drives, floppy drive, monitor, video card, network card, modem, sound cards, keyboard, mouse, serial port, and USB. Our Computer hardware diagnostic tool has the added ability to run a set of tests individually or all at once, and then create a report from the results.
This report could be saved for future reference, printed or e-mailed to a help desk operation or other technicians for further analysis. No matter what operating system is installed on your PC (Windows, Linux, DOS), simply boot up from our specially configured floppy drive’s, CDROMS or USB drives, and run complex tests on your hardware.

Computer hardware diagnostic tool intended for (PC Support Technicians, Computer Maintenance and Computer Hardware Troubleshooting. This version is compatible with the following operating systems Windows 2000, 2000 Pro, XP, Windows 2003, Windows Vista and Windows 7. It is recommended to have at least 20MB free space on your hard drive and 64MB of memory.

Science Update Stem Cells and Cardiovascular Health

Thanks to a growing body of research, scientists are now recognizing that having more stem cells in ones bloodstream could be one of the greatest strategies for optimal health. For example, a number of recent studies have shown that a greater number of circulating stem cells equated to greater cardiovascular health.

Lets look at some of these studies in a little more detail so you can grasp the potential benefits of supporting your bodys natural release of stem cells into the bloodstream

In 2001, Vasa et al reported that compared to healthy individuals, people with cardiovascular problems had fewer endothelial progenitor cells (EPCs) in their bloodstream. EPCs are a type of stem cells responsible for the development of new blood vessels. The study also demonstrated that the EPCs isolated from people with cardiovascular problems showed less ability to migrate in tissues. The Vasa group also reported that smokers had fewer EPCs in their blood.

In 2004 Schmidt-Lucke et al measured the number of EPCs in the bloodstream of 120 individuals (43 controls and 77 individuals at risk for cardiovascular problems) and observed these individuals for ten months. At the end of this time, the authors reported that a reduced number of circulating EPCs was linked to a poor cardiovascular health prognosis.

The next year, in a similar but more extensive study, Werner et al measured the number of EPCs in the bloodstream of 19 individuals, and observed these individuals for one year. Overall, the people with more circulating EPCs experienced fewer cardiovascular problems and, conversely, the people who had fewer EPCs in their blood showed increased incidences of cardiovascular events.

Thanks to recent studies, scientists now understand why greater numbers of stem cells in the bloodstream equate to better cardiovascular health. In essence, when a tissue has poor blood circulation, it lacks oxygen. And when a tissue lacks oxygen, it releases compounds that accomplish two specific tasks: 1) attraction of EPCs into the tissue, and 2) conversion of EPCs into capillary cells. Therefore, whenever a tissue is lacking oxygen, a process is triggered whereby circulating stem cells migrate to the tissue and contribute to the development of new capillaries. This leads to greater delivery of oxygen and nutrients, thereby helping the tissue maintain better health.

When we understand that poor oxygen and insufficient nutrient delivery to organs and tissues are two of the most common underlying causes for a wide variety of health problems, it is clear that increasing the number of circulating stem cells becomes one of the most valuable strategies for maintaining optimal health.

Disclaimer: This article is for educational purposes only and does not constitute medical advice. The opinions expressed herein are those of the author and any products mentioned, while supported by science, are not intended to diagnose, mitigate or treat any disease or illness.

For information on supporting your bodys natural ability to release stem cells, and to take advantage of financial opportunities in this exciting arena, visit:

Computer Information Technology-What It Is & Why Is It Important

For example, computer information technology is often used to describe:
Computer hardware
Computer servers
Computer networks and networking equipment
Computer monitors
Software and operating systems
Copy machines
Fax machines
Office phone systems
Internet systems
Cell phones
Many additional types of technology and data management equipmentIT also represents the how all of these systems are used and how they inter-relate to one another at the same time.

In the Workplace: The IT Department

While it is not necessarily a rule, more often than not these days, a business’s IT department will typically manage all of the office’s technology needs, including everything from the procurement of computer and technology equipment to the installation and ongoing maintenance of the systems. In the modern data centered workplace environment we’ve come to expect today, ensuring the computer information technology backbone is operating effectively and efficiently has become absolutely mandatory to running a successful business or workplace operation.

Why Is Computer Information Technology So Important?

IT has become the lifeblood of how business is done. As our world continues to adapt more and more towards an information based society, managing the stream and storage of data and making access to data more and more reliable and easy to use is not just important from a profit standpoint alone-we’ve actually come to totally depend on technology 100% to make business possible.

In this type of environment, ensuring that every small “slice of the pie” operates and performs as it should is essential. Think of it much like setting up a chain of dominoes-if one piece of an organization’s technology system goes down, it is certainly going to have an entire chain of cause and effect throughout the entire organization.

Information technology is so important because it requires thoughtful and knowledgeable planning and development to create sophisticated systems that work seamlessly with each other to produce an end result of transparent functionality that we rely on. It’s almost like one of those things that we’ve just gotten used to-we’ve come to expect it to work flawlessly all of the time, only noticing it when something goes wrong.

This kind of operational transparency is usually the main goal of IT professionals. Making sure that data and technology systems work properly and dependably enables others to perform their duties without a hitch. Qualified IT professionals are always in high demand and generally well compensated for the services they provide.

It’s safe to say that computer information technology really is what makes the world of technology go ’round!

Precautionary Action Plan Of Hardware Failure In High Availability Database Servers

Hardware failures pertain to failures experienced by different component such as disks, controllers, CPUs, memory, routers, gateways, cables, tape drives, fans, and so on. Such failures generally call for the malfunctioning component to be repaired or replaced. Once thats done, regular operations can be restarted. It is important to maintain multiple components for those susceptible to frequent failures. Single points of failures are common causes of high downtime. For instance, twin-tailed disks that connected across two nodes or mirrored disks allow systems to remain functional even when a node or mirror goes down in the case of a node going down, there may be a brief disruption, again depending on the fail-over solution implemented.

If just a single component is maintained, during the time it is being repaired or replaced in the repair window, service will be unavailable. Sometimes, the time required to obtain a component can be horrendously long. For example, when we blew a disk controller at a client site, the hardware engineers determined that the component needed to be totally replaced. It was not available locally and had to be flown in from out of state, taking at least two days to get in and be replaced. Situations like these can cause tremendous downtime.

There is a chance of failure of hard disk or disk controllers too. Important thing is that, we cant able to judge this kind of hardware failure. But for precautionary action plan, we need backup server in high availability database server environment. If backup server is not possible in every cases then we need to make strong Service Level Agreement SLA with strict condition and response time with hardware vendors. Sometime we need to put some penalty clause too in response time measurement of replacement and availability of failure component. Using this trick we are able to maintain lowest downtime for high availability database servers.

A two-day service interruption may cause a company to out of business in certain cases. To avoid situations like these, some of my clients have a component availability guarantee clause put in all hardware contracts, wherein the vendor would ensure that specific components prone to failure would be available locally or obtained within an acceptable predetermined time period from specific remote sources for immediate replacement. Identify all critical components are augment them with clones.

Additionally, all hardware should be maintained securely inside cabinets to prevent accidental or intentional damage. All guidelines from the manufacturer temperature, proximity to other devices, and so on should be strictly followed. Cabling should be done as neatly as possible, so as not to get in the way of people walking about. Raised floors in your data centers greatly help in preventing accidents.