Most businesses have a variety of insurance policies to cover things like employment liability, property damage, officers and directors, commercial vehicles, workers compensation, etc. The coverage you purchase should be specific to your business, the industry in which you work, and the unique risks you and your employees face in a typical workday. In theory,…
While shopping for insurance, whether for your home or business, you may have heard the term “property and casualty insurance” used by your agent or insurance representative. When looking at your quote or reviewing your issued policy, you will see lists of coverages such as “personal property” or “general liability”. These coverages fall under either Casualty or…
Try to get an answer to the question, “Why buy Whole Life Insurance?” and you find endless debates trying to argue the value of whole life versus term life insurance. But, you would do well to move past this eternal contest and settle some personal concerns. Term Insurance Term Insurance has an important purpose and…
A Business Owner’s Policy (also known as a BOP policy) is a package policy, providing both property and liability coverage geared toward small to mid-size businesses. They are worthwhile because, unlike separate property and liability policies, they are bundled to contain extra coverage at a low price. Many companies now offer specialized BOP policies for home based…
Following days of heavy rain, it seems as if your roof wasn’t ready to weather the storm. You’ve finally stopped the rain from dripping in to your living room and cleaned up any sitting water on the carpet and furniture. So what now? Notify your insurance company as soon as possible if you have a claim. To…
Not only does the Affordable Care Act legislate for every US citizen to purchase Health Insurance of some form or another, it also obliges large and small businesses to provide their employees with Health Insurance. October 1 marks the opening of the Small Business Health Options Program (SHOP) marketplace, which will give employers with 50 or fewer…
Most Businesses are not legally obliged to provide staff with on-site Health and Safety training. However, with incoming Health Care Reform and nationwide promotion of wellness in the workplace, more and more companies are beginning to offer First Aid training to staff. In light of this, we explore the benefits of making First Aid training a requirement in…
Small Businesses have been cited by the White House as the ‘backbone’ of the United States Economy. That backbone of 28 million small employers saw dramatic changes October 1, when the Health Insurance Exchanges opened, giving way to a new era of Health Care in the United States. So how exactly will the Affordable Care Act, which…
Risk events can come in many different shapes and sizes, but regardless of your profession, risk management is something that can give you the edge over potentially damaging risks. For Small Businesses, there are several reasons why Enterprise Risk Management should be implemented. These reasons range from legal obligations to budgetary requirements and below, we…
Whether you are driving for work, to and from work, or even to the grocery store, the time you spend in your vehicle can be the most dangerous part of your day. That is why next week we will be observing Drive Safely Work Week, the annual safe-driving campaign sponsored by the Network of Employers…
