Insurance Policies for Small Business Owners and Independent Service Providers

Tips For Ensuring You Get Your Workers’ Compensation Benefits

Posted by on Jun 10, 2016 in Uncategorized | Comments Off on Tips For Ensuring You Get Your Workers’ Compensation Benefits

Workers’ compensation is a benefit provided to people who get injured or become ill on the job. It helps to cover your medical expenses and lost income as a result of the injury. Here are some tips for applying for your benefits and increasing the chances of getting what you deserve. Report the Injury Immediately There is a high chance of your employer rejecting your claim if you don’t report it right away. They need to know what the injury is, how it happened, and who was there to witness the injury. Injuries due to mechanical issues, for example, are often due to faulty machinery. The employer needs to investigate the situation and make sure nobody else makes the same mistake. After reporting the injury, the employer will likely inform you of how to file your claim for workers’ compensation benefits and let you know how to get medical treatment for the injury. If the injury is a repetitive motion injury, inform the employer of what you have done so far to try to improve it but that nothing has worked and you now need medical assistance. Don’t Wait Too Long to File the Claim With workers’ compensation, you can’t delay filing your claim. After seeking medical help, you need to get proper documentation from the doctor, then file the claim promptly. There are usually time limits of when you can file the claim and get benefits, so if you wait too long, you might miss your chance. If you are delaying because you’re not sure exactly how to fill out the paperwork, hire a workers’ compensation attorney. They specialise in these cases and can get you to file it correctly and on time. File An Appeal if You Are Denied Benefits If you get a letter that states you are being denied workers’ compensation benefits, don’t just assume you can’t get them. The letter should indicate information about why you were denied and how to file an appeal. There is no harm in filing an appeal, so it is highly recommended. Try to include information that resolves the issue the workers’ compensation insurance company had with your original claim. Perhaps you need more doctor’s documentation of your injuries, your employer needs to provide them information, or you failed to fill out part of the claim paperwork. At this point, getting a lawyer is necessary so you can ensure it is done correctly for the...

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What You Should Know About Non-Owners Car Insurance

Posted by on May 2, 2016 in Uncategorized | Comments Off on What You Should Know About Non-Owners Car Insurance

If you don’t currently own a vehicle, but you often borrow or rent one, you might be a good candidate for non-owners car insurance. This type of insurance policy is only for people who do not own a vehicle but occasionally use a car or truck for personal use. It includes many of the same types of coverage a regular auto insurance policy will cover, though there are some exceptions. Here are some things to know about this type of policy. Reasons to get a Non-Owners Insurance Policy  First of all, there are a few different reasons you might need a non-owners insurance policy if you don’t own a vehicle. If you have already sold your old vehicle or will be selling it well before buying a new one, you should get this policy. That is because between that time, you will likely be borrowing a vehicle to run errands or test driving a car at a dealership. It helps to have your own vehicle insurance during this time. You are also a good candidate if you will be renting a vehicle on occasion for work or errands, or if you will be borrowing someone’s vehicle when they don’t live in your household. Also, you might borrow someone’s vehicle and share driving duties whom you commute with, but you won’t be covered under their policy. Who Doesn’t Need This Policy There are also situations where you may not need this type of vehicle insurance policy. For example, if someone who you live with has a vehicle you borrow regularly, that is not usually a good reason to have the policy. You should be able to be covered under their policy since you live together. You also don’t need a non-owners car policy if you are using a vehicle owned by your company, since you should be covered under their commercial auto insurance policy. Common Things to Be Covered Under the Policy It also helps to know exactly what is or is not covered under a standard non-owners vehicle insurance policy. First of all, some basic types of coverage include property damage, such as damage to a vehicle during a collision, and bodily injury due to a collision. Some insurance companies will offer a little extra coverage for this type of policy, such as uninsured motorists’ coverage and coverage for medical payments. More extensive policies are usually not an option if you don’t own the vehicle, such as towing and roadside assistance, rental reimbursement, comprehensive, and equipment...

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Types of Business Insurance You Should Contemplate

Posted by on Aug 31, 2015 in Uncategorized | Comments Off on Types of Business Insurance You Should Contemplate

Owning a small business typically means investing extended hours into growing your business and ensuring it stay afloat. This comes with a long laundry list of responsibilities that you are tasked with as the owner of the business. However, your top most priority should be ensuring the continuity of your business regardless of the circumstances. This is where business insurance comes in. There are a myriad of risks posed to your business that could compromise its success and longevity. By taking out various types of business insurance, you are doing what you can to ensure you cover these risks as best as you can. Here are some of the types of business insurance that you should contemplate. General liability insurance General liability will protect your business against general claims such as negligence, libel, accidents, lawsuit costs and more. Since there are numerous instances that could put your business at risk of liability, they are all covered under the canopy of general liability insurance. For example, perhaps you have a glass business. You install new windows for a client and some shards get on the ground. If a hapless passer-by becomes injured through this broken glass, your general liability insurance will provide your business protection from the damages that may come with a lawsuit. Property insurance As the name suggests, this insurance covers damage to any property owned by your business.  These range from equipment used in your office, computers, tools and more. For example, if your glass business happens to be hit by extreme weather, chances are that all property within the premises (yours as well as your clients’) will become damaged. Your property insurance will then cover the cost associated with the replacement of these items, thus ensuring your business does not suffer from losses due to property damage. Errors and omissions insurance This type of insurance is also commonly referred to as professional liability insurance. It protects your business in the event of any mistakes that may be made from your end when providing goods and services to your clients. For instance, if your glass business fails to deliver quality goods to a customer and they have already paid for the goods rendered, chances are they could choose to sue you for not keeping your end of the bargain. The errors and omissions insurance works toward protecting you from these lawsuits. Cyber insurance This is a relatively new insurance policy but quite pertinent in this digital age. In the event your business undergoes a cyber-attack, it could end up crippling your operations. With cyber insurance, you can rest assured that the insurance company will cover the financial cost to get your website and any relevant databases up and...

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