Why is my Retroactive Date Important?
Learn about retroactive dates in insurance: their importance, how they impact your claims-made professional liability or E&O insurance, and the potential risks of coverage gaps.
Are Occupational Accidents Covered Under Workers' Compensation?
Occupational accidents are unexpected incidents at work that cause harm to employees. For instance, a technician getting burned while operating a furnace at work is an occupational accident, but an accident on the way to work would not.
How Does Workers' Compensation Insurance Shield Business Owners from Legal Risks?
Understand how Workers’ Compensation Insurance safeguards your business by assuming liability for work-related injuries, offering legal protection from employee lawsuits. Learn how maintaining this coverage can help you manage risks, ensuring a stable work environment while you focus on your core operations
What is Workers’ Compensation Insurance?
Keeping your team safe is crucial, but accidents can happen. Workers' Compensation insurance is the safety net your business needs. From coffee burns to heavy lifting injuries, it ensures injured employees are taken care of, regardless of fault. Stay compliant with state laws, protect your staff, and safeguard your business.
What Is Completed Operations Liability?
Ever wondered about the lingering liability risks in your business? Especially if you're in construction, installation, or repair work? Completed Operations Liability is designed to help cover costs of injuries or damages due to faulty workmanship. Stay informed, understand the criteria for claim eligibility, and safeguard your business.
What is an Occurrence Form Policy?
An 'Occurrence Form' insurance policy covers any damages or injuries that happened while the policy was active, regardless of when the claim is made. This ensures business protection even if claims come in years after the policy has expired.
What is a Claims-Made Policy?
Understanding insurance can be tough. Here's a simpler look at 'Claims-Made' policies: these are designed to cover incidents that both occur and are reported within certain time frames. This typically makes them a cheaper option as they cover a shorter period. Key takeaway? Make sure to report any incidents within your policy period to ensure coverage. Better understanding = smarter insurance decisions.
