Category Archives: Staff Insurance

Workers’ Compensation Insurance for Temporary Staffing Agencies

Temporary staffing agencies have unique Workers’ Compensation Insurance needs. Any temporary staffing insurance package should include appropriate Workers’ Compensation coverage.

What Is Covered by Workers’ Compensation Insurance?

By law, Workers’ Compensation provides both medical coverage and income replacement for workers who are injured or become ill as a result of being on the job. In the case of injury or illness as a result of work, coverage includes:

Medical expenses
Rehabilitation
Lost wages resulting from being unable to work
Permanent disability
Death benefits

Do Clients’ Workers’ Compensation Plans Cover Temporary Employees Placed by a Staffing Agency?

In some cases, yes, clients could be liable for Workers’ Compensation under the law. In many cases, both employer clients and staffing agencies serve as joint-employers under the law. However, staffing agencies cannot rely on clients to provide coverage for workers. Because staffing agencies are the employers of these workers, staffing agencies must carry Workers’ Compensation coverage.

Is Workers’ Compensation Insurance Required for Seasonal and Temporary Employees?

Even if you only employ seasonal and temporary employees, you must carry Workers’ Compensation Insurance, per the law. This is just one of several temporary staffing insurance needs.

Workers’ Compensation coverage is absolutely necessary. Even temporary staffing agencies need it as part of their temporary staffing insurance package.

Knowing When it Is Time for You to Switch Insurers

If your frustrations with your current insurer have reached their peak, it may be time for you to start shopping for temporary staffing insurance with a better company. Just because you have an established history with a particular insurer doesn’t mean that you are obligated to stay with them. They may not be giving you the best rates nor a sufficient amount of coverage in your policy. Instead of sticking around out of loyalty, protect your company’s best interest by finding an insurer that truly values it policy holders.

Red Flags

Although you are getting financial protection for your company from an insurer, you should never have to compromise on any of your experiences when you interact with them. Poor customer service, miscommunication, inaccurate information, lengthy claims processes and high claim rejection rates are all red flags you should keep an eye out for. If you run into any temporary staffing insurance companies that have them, steer clear and continue looking elsewhere. You may run into a few duds before you find one that makes the grade.

No matter how great an insurer is, reevaluate your policies and experiences with them every six months to a year. It’s a great way to ensure that you always get the caliber of services and insurance products you deserve.

The Keys to Finding Small Business Workers’ Compensation in New Jersey

Finding the right New Jersey small business workers’ compensation can be challenging, especially the insurance market is changing rapidly, in some ways leaving your small business in the dust. However, if you work with the right brokers and agents, then you’ll have no difficulties gaining preferred access to some of the best insurers in the market, and the best agents and brokers provide creative solutions to get the most specific coverage possible so that you don’t have to waste money on general services that you would never need.

In addition to finding the agency that can get you access to the best markets through long standing connections, you need an agent who understands the specific risks of being an artisan, running a beauty shop, managing a dental practice, working in retail or any other type of small business. If all the risks that your employees and clients face are properly covered and your agent can get quick insurance turnaround times, then you’ll never have to worry about your business being drastically slowed by an accident or injury. Look for all of these qualities when searching for New Jersey small business workers’ compensation coverage to give your employees and even your clients the services and treatment that they deserve. Earn their trust and satisfaction and your business will remain healthy for a very long time.

Business Insurance: Prevent Your Dreams From Getting Dashed

You’ve worked hard to build a great product or service. You’ve given your blood, sweat and tears, and being a business owner has become your livelihood. Can you imagine if all of it was lost because of a situation that could’ve been prevented? Michigan business insurance can be vital to the health of your company.

It’s easy to believe that risk mainly lies in fostering a client base and maintaining a flow of income. Unfortunately, that’s not the case, as there is always be the possibility of someone or something causing a financial hardship for your company. You can’t avoid it. Luckily, there are policies that address an array of situations such as an injury occurring on your premises, an employee or third party alleging discrimination, a client believing a service you provided caused them financial loss, an unforeseen event such as fire or theft destroying property and a hacker gaining access to your computer network.

It’s worth noting that you not only have the ability to get the right coverage in place, but also some guidance as to how to mitigate risk. Many insurance specialists can perform an analysis of your organization, identify your exposures and offer strategies for risk management and loss prevention. Plus, as the propensity for a claim against you changes or evolves, a good consultant will be able to adjust your program accordingly. Don’t underestimate the importance of Michigan business insurance and make sure to secure future of your company.

Why Every Business Needs Hired Non-Owned Auto Insurance

There Is no great mystery why you need auto insurance if you own your vehicle, whether a personal or company car. However, not many business owners give sufficient thought to hired non-owned auto insurance and what it can mean for their business. You may have an entire fleet of cars covered with a comprehensive insurance policy, send an employee out to bring back lunch in a hired car when there are no other available cars, only to find that an accident happens. This is also a concern if your employees travel for business frequently and need to rent cars.

Policies for hired non-owned auto insurance vary from those that cover cars your company owns. You may not be able to cover damage to the car itself, but you can be insured in case of bodily harm of an employee and damage to property or merchandise within the car. This can be particularly important if you use a hired car for deliveries of valuable items.

Speak to an insurance agent about hired non-owned auto insurance for your business. The kind of insurance you get depends on how many hired vehicle you use and their purpose. Even if hired cars are used only for business trips, don’t neglect this type of insurance coverage, because you can’t control what does not happen on the premises.

3 Reasons you Need Surety Bonds for Your Next Project

If you’re getting ready to begin any construction-based project which involved other parties like contractors and subcontractors, you should consider using surety bonds in Pennsylvania to make sure that all parties are meeting their respective ends of the bargain. While it seems like it’d be simpler just to work on the honor system, there are risks inherent in these types of agreements that can really come back to bite you financially as the owner of the property. There are several reasons why you should use these services, some of the most important including:

In the event that a contractor fails to pay subcontractors and other parties they’ve recruited for the project, you’ll be held financially responsible. You can remedy this with a surety bond.
If you complete the project and then begun experiencing issues with the work that’s been completed, you may be unable to seek repairs if you haven’t written up a guarantee through a surety bond.
Without a surety bond, there’s never a surefire way to guarantee that your contractors will complete the work according to the terms and conditions you’ve agreed upon.

Overall, surety bonds in Pennsylvania are the ideal way to ensure that you’re able to complete your project without a hassle, and they you get the quality construction that you’ve been waiting for.

Choosing the Right Commercial Insurance Plan

When it comes to protecting the investment you have in your small business, choosing the right commercial insurance plan can be confusing. NewMark Insurance offers a variety of flexible professional liability insurance solutions to meet the needs of your business. Specialized packages offer protection according to your liability and property requirements.

Industries Requiring Insurance

Your business and insurance needs are unique. Commercial insurance allows your business to operate even in the face of costly litigation regardless of your industry. A liability policy protects the financial future of your organization with top-notch coverage, and NewMark Insurance offers the following commercial policies and coverage options:

Attorneys Professional Liability, including legal malpractice coverage
Insurance Agents E&O, such as innocent insured coverage for independent contractors
Mortgage Brokers/Lenders E&O to manage claims related to discrimination allegations
Property Managers E&O for retail shopping centers, office buildings and more
Real Estate E&O to handle claims of failure to disclose material facts or inspect a property
Title Agents E&O for losses due to errors in the title documentation process

Choosing the right type and amount of insurance protects your hard work and investment in your business now and in the future.

Business Insurance Portfolio

NewMark Insurance offers cost-effective insurance solutions for your business. Talk to a trusted agent for more information on coverage options.

Why Do You Need Temporary Staffing Insurance?

You may place workers with clients for days, weeks or months, but focusing on temporary staffing means a quick turnover and the likelihood that you will be dealing with a large number of people. There may be many people coming through your doors intending to work for clients, and this entails significant responsibility on the part of your company. Make sure your agency is insured against damage or injury caused by workers placed with clients with temporary staffing insurance.

The risks involved with temporary staffing can be greater than with permanent staff because of the number of people you are likely to be working with. Thorough screening is required, but it may be hard to catch every sign of potential problems. In addition, unexpected mistakes and mishaps can occur. Look for temporary staffing insurance that covers liability for bodily harm, property damage and monetary loss. You may also want coverage against cyber-crime and other kinds of misdeeds.

Be sure to screen potential workers thoroughly before placing them with clients. Do complete background checks and call prior employers for references. After doing this research, there is always a chance, of course, that problems may arise as the result of mistakes in the workplace. Make sure you are covered with temporary staffing insurance.

Why Your Accounting Business Could Benefit From Errors and Omissions Insurance

Accounting has long been a necessary trade, and owning and accounting business is one surefire way to turn a profit, particularly in the modern market. However, because of the high stakes which you and your employees often have to work with when it comes to balancing accounts, accidents can occur that put your business’s financial stability at risk. This is why having insurance for errors omissions in Manhattan is potentially one of the smartest things you can do for your business in the coming years. This service protects you from issues like:

Mistakes or oversights that result in substantial losses for clients or other oversights by your employees.
Failure to make a bid in certain situations in which serious gains could have been made for a client otherwise.
Failure to inform clients about important developments with their accounts that have the potential to impact them on a large basis.

These are all serious threats which any large or growing accounting company faces on a daily basis. Accidents in calculations can and do happen, so it’s best to protect yourself form the fallout with the help of errors omissions in Manhattan. Speaking with a professional is the best way to clear up any questions you may have about this service and to get started with getting your coverage right away.

Keep Health Care Staff Healthy

Managing a staffing agency is a challenging enough task in itself, but there are an additional slew of challenges that come when your work in the health care sector, too. Staffing for health care allows hospitals and other medical facilities to fill last minute openings in their schedules. As a scheduler or recruiter, you’re tasked with managing personnel, and this includes the liabilities they face on a day-to-day basis. Since many of those exist in clients’ facilities, they are out of your control, but you can invest in measures such as staff insurance to ensure you are protected from many of the most common risks.

Health Care Provides Face Unique Risks

The health care providers you staff with clients are exposed to a number of situations that put them at risk for injuries and illnesses such as:

Sickness contracted from patients
Slip and fall
Harm inflicted by patient
Muscle sprain
Lacerations
Other various accidents

Insurance Protects Relationships With Clients

In unique circumstances, you may have personnel perform in a way that is unsatisfactory and jeopardizes your relationship with your client. In cases when this becomes a legal matter, staff insurance can offer a layer of protection to guard against liability for damages and protect the relationship you’ve cultivated with your client.