Question 100 in 100 Insurance Questions in 100 Days Video Series! Workers’ Compensation is typically the largest part of a business’s insurance expense. It applies to workers who are injured or become ill due to their job function or environment. It also compensates for lost wages. The wages are replaced up to a certain percentage amount. There is a seven-day waiting period in order to do that. It is not the same as short-term disability. Short-term disability covers for injuries and sicknesses that occur away from one’s employer. Workers’ Compensation also covers unlimited amounts of medical expenses that happen and…
Question 71 in 100 Insurance Questions in 100 Days Video Series! There is a nice piece of insurance called contingent business interruption. Watch this brief but important video message to see why it is so valuable.
Question 67 in 100 Insurance Questions in 100 Days Video Series! I don’t know about you, but I would not be able to survive on $170/wk even without kids and a wife. If I were to become injured or sick and not be able to work for a few months, and that was all I had to live off of…things would get ugly. However, many small business owners do not realize how simple and inexpensive it is to bring that $170 up to an amount more in line with what the typical persons expenses are. Watch this video to see…