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7 types of insurance every business owner needs

Insperity

A business leader can’t eliminate all risks, but insurance can provide some cover should the sky begin to fall. Despite this, insurance is an area where owners often try to skimp on the type of insurance they pay for or the amount of coverage they choose. Property insurance . Workers’ compensation. Professional liability.

Insurance 221
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5 ways insurance brokers benefit from working with a PEO

Insperity

Insurance brokers and professional employer organizations (PEOs) are supposed to be competitors, right? Working independently or as part of a larger brokerage group, brokers earn a commission on the insurance plans they sell to clients. PEOs, however, don’t sell insurance. Let’s explore how.

Insurance 149
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3 Proven Ways to Reduce Your Workers’ Compensation Costs

Insperity

If you’re looking for ways to save on workers’ compensation insurance, you’re well aware of the direct costs that you pay in premiums. But what you may not have considered is the indirect costs of on-the-job accidents and injuries, which go beyond what you pay for workers’ compensation insurance.

Insurance 224
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Future-ready HR: The versatility of full-service PEO partnerships

Insperity

They consult with client companies on a regular, ongoing and proactive basis. An example of this is a client company discovering that they’ve been continuing to pay for medical insurance for a terminated employee. You have many options for outsourcing your company’s human resources (HR) function.

Payroll 244
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COVID-19 vaccinations for employees: Can employers mandate it?

Insperity

It’s critical to consult with HR experts to handle these situations in an optimal way. That’s why many business owners and leaders opt to consult with experienced HR personnel, a professional employer organization (PEO) or legal resources to help minimize risks and potential liability. Religious beliefs. Incentivizing vaccines.

Legal 312
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Can I Use Life Insurance as a Retirement Plan?

Success

Life insurance is vital to your financial planning if you have young children or someone who depends on your income. Most people know that life insurance helps your family if you pass away and they lose your income. What is a life insurance retirement plan? What is a life insurance retirement plan? How does it work?

Insurance 111
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Digital Nomad Health Insurance: Everything You Need to Know Before Hitting the Road

Success

Navigating the world of health insurance is complicated enough within the United States. When preparing to move abroad as a digital nomad, typical private medical coverage doesn’t necessarily work while you’re outside of your home country—while travel insurance might not be designed for longer trips or anything other than emergency care.

Insurance 105