Would you believe that a magnet no larger than a quarter could lift a 150 pound man off of the ground and hold him there indefinitely? Well, if the magnet were a rare earth magnet, it would have the magnetic force to hold that man by his metal belt buckle so he could be suspended over a tank filled with man eating sharks and not have to worry about becoming lunch. Neodymium magnets are incredibly powerful.
Belonging to a group of magnets collectively known as rare earth magnets, neodymium magnets are the most powerful of all permanent magnets known to man. Made of an alloy consisting of Neodymium (Nd), Iron (Fe) and Boron (B), these magnets are sometimes referred to as NdFeB or NIB magnets.
Neodymium magnets are a relatively new scientific break through having only been developed in the late 1970s and early 1980s. Their tremendous pulling power easily out-performs the magnetic field produced by ferrite or alnico magnets, which were considered the standard prior to the discovery of rare earth magnets.
Today, these powerful magnets are used in numerous applications. They are perfect for many industrial uses such as in permanent motors and cordless drills and other tools. They are also found in stereo headphones, speakers and computer hard drives. In addition to some of the high-tech products, these magnets also appear in many basic situations where metal needs to be held in place. Signs can be held in place with just one or two miniature neodymium magnets and they can also serve to keep doors closed.
The extremely powerful magnetic force produced by these special magnets can also be quite dangerous if not handled with care. It is quite possible to be injured or even break a bone in your hand if you get caught between two strong magnets or a magnet and a piece of metal. Children should never be allowed to play with these magnets for obvious reasons.
Additionally, the powerful magnetic field that is created by neodymium magnets can erase magnetic media and cause such things as the magnetic tape on the back of a credit card to become disabled. Other problems can develop with computers and CRT monitors if these magnets come in close proximity to such electronic components.
Like any other new technology, when the first neodymium magnets became available for industrial and business use, the cost was prohibitive. Other magnetic options were still used because of the big difference in price. Eventually, the technology improved and the mass production of the earth magnets brought the price down and in line with other options. Because of the superior performance that was able to be achieved in miniature-sized magnets, the neodymium magnet became the most popular of all permanent magnets. Today, these magnets are widely used and they are helping to produce better and more innovative products in many different areas of the economy.
Any one in the trade industry in NY will have to have some sort of liability of insurance. Trade crafts, such has plumbing, electricity, carpentry among others leave you open to high liability risk. The chance that something you accidentally do will causes some sort of physical damage to your clients property is rather significant. As if this was not reason enough, much of the work done by contractors requires insurance that will cover both the contractor and the client. Most insurance companies will offer insurance to professionals working anywhere in the state. Contractors Insurance NY
The type of insurance offered to contractors varies depending on the type of work they are involved and the equipment that they use. You can get liability insurance of the general nature and it will cover most types of contractor jobs and it offers coverage to both the contractor and the client. Other types of insurance extends coverage to any bystanders that could be injured by catastrophic failure of equipment or other materials involved in a job.
For contractors seeking to work in NY, Contractors Insurance NY is needed. The exact type of insurance required is dictated by the exact nature of the jobs the contractor does and even the location of their business. For example, if it is a construction business, the contractor will need to have insurance that covers injuries. As on the job injuries are fairly common at construction sites, a business owner will want to have enough coverage to prevent the business from being bankrupted by injury claims.
Another sort of insurance that you will need is auto insurance. One never knows when you or your employees will have some sort of an accident. Good insurance will cover everything from personal injury to damaged property. Any vehicles owned by the company or leased by it will be covered by this insurance. A different sort of insurance may be required if your company uses heavy equipment or machinery in order to cover loss or theft when they are left on-site.
Workers comp insurance is another necessary type of contractors insurance NY and it is mandatory for most contractors working in New York. This sort of insurance compensates workers who are injured on the job and if they are let go after certain amount of time.If an employee of a business gets injured and the contractor does not have the proper insurance, the contractor would be required to compensate the state for the medical costs in addition to fines. In short, if you want to do business in New York, you will required to have the necessary sorts of insurance in order to properly protect you, your employees, your clients and even, under the right circumstances, bystanders. This will vary based on what work you are involved in and the risks associated with it.
