Workers’ Compensation can be a large cost center for a business. The extent depends on the type of business and the state where the business is located. The cost to insure a single employee making $30,000 per year can range from less than $100 (for a clerical worker) to around $1,400 (for a restaurant worker)…Read more
Disability vs. Workers Compensation
Many workers are unclear on the difference between disability insurance coverage and workers compensation insurance. Often, workers will decline optional disability insurance coverage, however badly needed – because they think they are covered under their employer’s workers compensation plan. This is usually a mistake. Workers Compensation is designed to protect both businesses and workers from…Read more
Preparing for a Workers’ Compensation Audit
The mere mention of a workers’ compensation audit is enough to strike fear in nearly any business owner. For anyone who is scheduled for an audit, there is no need to worry or be fearful. With a little bit of common sense and preparation, much money and aggravation can be spared. It is important to…Read more
Insurance for CrossFit Health Clubs and Yoga Studios
With the holidays approaching, it is a great time to think about personal fitness and health. According to WebMD, most Americans never lose the weight they gain during the winter holidays. Even if this is just a pound or so every year, those add up over time. Sure, joining a gym is easy enough, but…Read more
Workers Comp Ghost Policy
The Workers’ Compensation Ghost Policy What is a Ghost Policy? A ghost policy is a workers’ compensation insurance policy that is generally purchased by a business owner with no employees in order to meet coverage requirements, where the business owner excludes themselves from receiving workers’ compensation benefits in the event of a work injury. Since…Read more
