occupational compensation

What Is Occupational Accident Insurance?

Workers’ compensation laws vary between states, but most require coverage if you have a certain number of employees. Occupational accident insurance (OAI) can help provide for employers and employees in the absence of workers’ compensation coverage. Advantages of Occupational Accident Insurance One of the biggest advantages of OAI is that it can be customized to…

insurance for retail businesses

General Liability for a Retailer

Operating a retail business could include a number of different products, but in general, retail operations share similar liability exposures. The traffic coming through the doors, the employees serving customers, and the exchange of financial information all present a number of risks, so the insurance for retail businesses should have more than one coverage application.…

Covid-19

Understanding Employee Benefits and Covid-19

The current Covid-19 pandemic has caused understandable stress for employees who will suffer not only in health but financially should they contract this devastating illness. As an employee, knowing your options can provide a sense of security in an uncertain future. Critical Illness Insurance Critical illness insurance offers a lump sum payout intended to help…

protects company

4 Scenarios Where EPLI Protects Your Company

Employment practices liability insurance is essential for any business to have in order to protect against claims made by employees. This is especially true for smaller companies that may not have a defined structure of policies and training in place. Legal accusations related to EPLI have been increasing in recent years. Even if a claim…

owensgroup

4 Good Reasons To Have Guaranteed Replacement Cost Insurance

Being a homeowner can feel refreshing for anyone who has paid rent or lived under someone else’s roof. However, it also comes with unexpected circumstances. Adding guaranteed replacement cost insurance is recommended to financially cover your home. Here is why. 1. Current vs. Original Value The original home value covered by homeowner’s insurance at the…

health-insurance

Benefits of Group Health Insurance

One aspect of starting and managing a successful business is choosing the right products for employees to help mitigate financial and operational risks. No one ever really expects or plans to fall ill, but it happens. To keep employee health issues from interfering with your company’s needs and expenses, you may want to look into…

AXIS

What is Fiduciary Liability?

In the eyes of the law, fiduciaries owe their clients the highest level of care that one person owes another. Fiduciaries are individuals who have been entrusted to manage or provide an important financial service for an individual. Examples of fiduciaries include financial advisors, pension administrators, bankers, estate executors, and guardian ad items. When fiduciaries…

Merrimac Marine Insurance

Jet Ski Rental Insurance

Face it, using personal watercraft can be dangerous. Although enjoyed safely by thousands, inexperienced users become victims of jet ski accidents on a regular basis. In fact, one-third of vehicle collisions on the water have to do with personal watercraft and many of these result in injury. Fortunately, PWC coverage exists to mitigate these risks.…

CannGen Insurance

3 Reasons Your Hemp Crop Should Be Insured

Thanks in large part to the 2018 Farm Bill, hemp regulations have eased, and the cannabis industry is booming. However, growing hemp carries its own unique set of risks. Hemp crop coverage can help you avoid losses from fire, theft, or failed crops. 1. The Weather Is Unpredictable Even if you grow your crop indoors,…