Sunday, September 8, 2019

Differences between Cole and Dalton Approach Essay - 1

Differences between Cole and Dalton Approach - Essay Example The approach of Dalton to Corporate security concerns is both traditional and legal. That of Cole is modern, forward-looking and humane. Cole is also fully aware of the legal responsibilities of the service provider, the client, and the personnel engaged by the service provider. Â  Richard Cole’s document has the most comprehensive insurance reporting requirements. As per this document, the contractor has to provide a number of insurance certificates, prior to commencing any services, for the client, such as Worker’s Compensation Insurance, including Employer’s Liability Insurance etc. It is a perfect and an ideal legal document as far as insurance coverage for the employee is concerned. The employee works under the protective umbrella of the perfect insurance scheme. The highlights of the various insurance schemes for the benefit of employees, apart from huge sums assured in the event of mishaps are, a retroactive date prior to or coincident with the agreement inception date, ‘the client is promptly notified in writing of any advancement of the retroactive date’, ‘the contractor specifying if defense costs are included in the limits of liability, the client being promptly notified in writing of any erosion of aggrega te limits’, etc. Such provisions indicate the extensive and deep concern of the managers, providers of the insurance, that the employee is given financial security to himself/members of his family, should any unfortunate mishap occur. Â  

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