Tips For Santa Insurance

Basic insurance policies for Santa insurance
When holidays such as Christmas start knocking at the door, every child has his/her eyes eying for Santa flights and embark on his dream journey to the sky. But before Santa even decide on giving these children their greatest holiday gift they can ever get, Santa needs to decide on the most vital Santa insurance policies he should have to protect his assets and himself.

Step 1

Santa insurance must have a general liability policy to protect him against lawsuits in case he causes damages to homes during his mission of delivering presents. Santa insurance also needs to have an insurance cover for bodily injuries caused on the children or even to himself. Getting a home insurance would be a great idea for Santa in case his house crumbles down during stormy days. 

Step 2

Santa insurance policies must as well not lack a life insurance. If Santa is an employee for a big corporation, he is then a key employee who must be insured by the company and replacing him would cost the corporation a fortune. If Santa is a solo business operator, he should get a personal life insurance cover.

Step 3

Why Santa needs worker’s compensation insurance
Worker’s compensation is important for Santa insurance just incase the employees gets hurt at the workshop while making children toys. Since Santa employees are always involved in risky activities at the company such as carving wood to make the toys, an employee would easily cut his thumb in the process or hurt himself. 

Step 4

Compensating such an employee might cost the company a great deal of money in case the employee decides to seek court intervention. Santa insurance for worker’s compensation should cover key areas such as medical bills for employees who get accidents in the course of their work. However, this policy has higher chances of being a bit expensive for Santa insurance given the risky nature of activities involved in.

Step 5

Why Santa needs Travel Insurance
Bearing in mind the extensive travelling schedule of Santa which includes even international trips, Santa insurance should definitely include travel insurance. Buying travel insurance before Santa begins his world wide tours is essential and the insurance should cover key aspects such as medical care while in overseas destinations as well as transport cost that may be incurred in evacuating Santa to a medical health disaster or a place that he will be safe. 

Since Santa may even sustain serious accidents during his travels, the cost of moving his remains at home may be too expensive. Thus, travel insurance is a key component for Santa insurance.

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