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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 229
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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?

Insurance 111
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COVID-19 vaccinations for employees: Can employers mandate it?

Insperity

Other factors include federal, state and local laws (not to mention vaccination distribution plans and availability). It’s critical to consult with HR experts to handle these situations in an optimal way. You may also consider creating an incentive plan and sharing the plan with your workforce. Religious beliefs.

Legal 312
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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. Collaborating with a single, full-service PEO partner who understands your strategic initiatives and devises a service plan around helping you achieve them can drive your business forward most effectively.

Payroll 254
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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 231
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How to reduce workers’ compensation costs: 3 proven strategies

Insperity

If not, do you understand the sizeable risk that workers’ compensation claims pose to your business, and do you have a plan in place for when these claims arise? Ready to start planning? The Occupational Safety and Health Administration offers many helpful tips and tools to kick off your health and safety plan.

Insurance 217
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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