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ClearView understands that every company has different needs and takes the time to evaluate the right coverage to fit those needs.
Business Property and Liability
Comprehensive General Liability insurance is usually limited to claims of bodily injury or other physical injury. Often, General Liability insurance is offered in conjunction with property coverage to protect against accidents on your premises or at other locations where you normally conduct business.
If you provide professional services such as accounting, computer consulting, or medical care, Professional Liability insurance is a critical coverage. Professional Liability (sometimes called Errors and Omissions coverage) protects your business against claims of alleged negligent acts and errors or omissions in the performance of your professional services. Professional Liability claims can be extremely costly compared to General Liability claims.
Worker's Compensation
Workers' Compensation insurance is a type of business insurance that employers carry to provide medical and disability coverage for employees who suffer job-related injuries or illnesses. Michigan requires most businesses to carry Workers' Compensation. Workers' Compensation insurance premiums are based on your company's services and payroll. Employer's Liability insurance, (typically offered as part of a Worker's Compensation policy) protects companies against workers' who claims that an illness or accident was caused by unsafe working conditions. If you're not sure, ask to have your policy reviewed to make sure you have Employers' Liability insurance.
How do you know which coverage's you need and how much you should be paying for them? You should probably assume you will need Workers' Compensation insurance for all employees. While premiums are usually based on payroll, ClearView Insurance investigates several insurance providers to comparison shop to see what limits they include; premiums may also vary depending on the Employer's Liability coverage included in the package.
Group Health
Group health insurance is employer-sponsored health coverage for business owners, employees and often for dependents. A majority of Americans have group health coverage offered through their own, or a family member's employer-sponsored group plan. Employers and employees can share costs and there are special tax incentives available to businesses that provide group health insurance. With rising health care costs, it is crucial for an employer to review their Group Health insurance annually.
Group Life
Group life insurance plans are usually offered by employers or other fraternal providers to members or employees. This coverage provides a benefit to the beneficiaries if the covered individual dies during the defined covered period. As with other types of group benefits, group term life insurance is generally cheaper than comparable individual policy coverage. For this reason, group term life insurance is often a key component in employee benefit packages.
Group Disability
While medical, dental, and vision care are an important way to protect physical well being, providing Group Disability Insurance for your employees provides peace of mind by protecting their income, standard of living, and families. Short and Long-Term Disability insurance increases employee confidence in you as an employer. Confidence that you have a plan in place to ease the financial discomfort of an illness or accident. Disability plans help solidify your employees' financial well-being.
Contact Us for additional information.
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