Each state varies, but most employers must carry workers’ compensation insurance for their employees. Independent contractors such as contractors or freelancers often do not fall under these policies unless they opt in themselves. Workers’ comp provides medical expenses and part of lost wages for injured employees as well as disability and death benefits. With few …
Business property, commonly referred to as commercial property insurance, is an essential coverage type for many businesses. This coverage helps safeguard assets such as equipment and buildings against losses caused by fire, theft or natural disasters such as tornadoes. Purchased either on a replacement cost or actual cash value basis. Replacement cost policies reimburse for …
Running a business entails taking calculated risks, and without proper insurance protection, a single claim could put your entire enterprise into financial peril. Coverage provides protection from such unpredictable hazards such as property damage, lawsuits and reputational harm like libel or slander. General liability covers businesses from legal entanglements associated with bodily injuries or property …
Offering group health insurance is an effective way to boost employee happiness, retention and financial security while complying with Affordable Care Act regulations and any additional health requirements. Small businesses can access SHOP Marketplace for affordable health plans compliant with the Affordable Care Act (ACA), or they can enroll in an association health plan (AHP), …
Launching and operating a business can be one of the riskiest endeavors you ever undertake, yet having adequate business insurance protection can safeguard it against financial ruin. Nationwide offers an assortment of policy solutions, such as its Business Owner’s Policy (BOP), which combines property and liability coverage in one package. Furthermore, its mobile app facilitates …
Running a business comes with its fair share of risks. From unexpected accidents to potential lawsuits, the challenges can be overwhelming. This is where business insurance steps in as your safety net. It’s not just a checkbox on your startup checklist; it’s essential for safeguarding your investment and ensuring peace of mind. But what exactly …