east longmeadow: What’s the Difference Between Workers Comp and General Liability?
- 05/29/09 05:26 AM
Maintaining a safe work environment is crucial for two reasons: most importantly, to keep everyone safe; and second, to prevent lawsuits filed by employees or guests who have been injured. You may wonder what the difference is between workers compensation and commercial general liability coverage. Workers comp generally protects workers, while liability generally protects employers. Both coverages are required by law in nearly every state for businesses with employees. Workers compensation specifically provides payment to your workers who have been injured at work or have suffered an occupational illness. With workers compensation, the insurance company agrees to pay all medical expenses … (2 comments)
east longmeadow: How Your Age Will Affect Your Insurance Policies
- 05/15/09 07:52 AM
Age will affect nearly every type of insurance policy you'll ever invest into. It can be give you both advantage and disadvantage, depending on what the policy is. For instance, everyone knows that it's better to invest into a life insurance policy when you're younger. If you begin a life insurance policy in your 20s or 30s, you're going to get an amazing deal. However, almost every driver knows that when you get auto insurance in your 20s, it can be expensive, as younger drivers are less experienced behind the wheel and therefore a bigger risk to insurance companies. As for … (1 comments)
east longmeadow: Employer Mistakes That Can Lead to Legal Action
- 04/30/09 01:12 PM
Workers compensation is a great asset for any business. Because it protects your employees from the expenses that can result from an injury that happened at work, every business should have it to fully protect everyone in the workplace. However, no matter how careful you instruct your employees to be and what precautions you take, accidents always happen and before long, at least one of your workers is going to get hurt. The injury can be almost anything - a strain, a cut, or the beginning of carpal tunnel syndrome. Depending on your relationship with your employees, the injured worker … (1 comments)
east longmeadow: Business Theft Trivia: How Protected Are You?
- 04/15/09 04:16 AM
95% of companies suffer from business theft, but only 10% ever actually discover it. Most business owners don't really think about business theft, but it can cause enormous problems within a company. With financially strained conditions ahead, layoffs, and "mom and pop" establishments folding at an alarming rate, preventing theft is no longer a secondary consideration; it is a core element linked to business survival. Unfortunately, many business owners refuse to believe it could happen to them. This makes them unprepared. Regardless of what kind of business it is, any owner is subject to business theft. A bit of true/false regarding … (1 comments)
east longmeadow: Auto Insurance for Home Businesses: Personal or Commercial?
- 03/30/09 06:39 AM
If you are in the middle of starting up a home-based business, the issue of commercial auto insurance is most likely not what you're thinking about. You probably haven't given any thought to changing your regular auto insurance policy. However, it's important to not overlook commercial auto coverage. It's also very important that you don't just assume your personal auto coverage will be adequate as commercial auto insurance. It very well may be adequate, but you should still understand how it applies to your home business. It really all depends on what your home-based business does, and if you have employees. … (1 comments)
east longmeadow: Now the Best Time to Buy a Car?
- 03/14/09 10:25 AM
Like many Americans, you may be wondering if this is the right time to buy a car. Times are difficult financially; however, some people are still making good money, and may want or need a new car. Maybe you're one of those people and have been considering if you should jump now or hold out just a little longer for a better deal. On one hand, you see that dealerships are lowering their prices more and more each week, and you wonder just how low they can go. Maybe you're holding out for a "bundle promotion" where they throw in some … (1 comments)
Maintaining a safe work environment is crucial for two reasons: most importantly, to keep everyone safe; and second, to prevent lawsuits filed by employees or guests who have been injured.;)
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