To protect employee pension plans, the U.S. government enacted the Employee Retirement Income Security Act, also known as ERISA, in 1974. The legislation places a heavy burden on employers while conferring rights to employees. These are the top three things everyone should know about ERISA. Covers Private Sector Employees Although they may offer employee benefits, […]
Educational institutions can be quite unique when it comes to insurance. Unlike other establishments, the educators and administrators in this industry must be mindful of the changing times and possible legal battles. These days, schools are seeing more lawsuits than ever before for an array of reasons. If you haven’t taken these factors into account […]
A PWC or personal water craft is a small type of boat that uses an inboard jet drive for propulsion. PWCs are designed to be ridden, rather than sat inside of. An example of a commonly known PWC is a jet ski. These water craft can be a lot of fun but are not without […]
When it comes to earning a profit, operating a laundromat can be a means to that end. Before you can start to see the profit rolling in, however, you have to have a customer base. While placing your laundromat in a busy area can help you bring in new customers, if you want the best […]
All dealerships face inherent risks, and boat dealerships are no exception. In addition to caring for their facilities on land, boat dealerships must manage the myriad risks that come with being on the water. 1. Property Damage Boats can incur damage from a number of sources, including test drives that are more commonly referred to […]
The world of healthcare has many aspects, but allied health is a segment of the industry separate from medicine and nursing. On a broad spectrum, allied health professionals are those whose evidence-based practices and scientific principles help promote optimum wellness, evaluate and treat chronic or acute disease, advocate for disease prevention, and work administratively to […]
Most people do not think seriously about disasters until they actually strike. A better time to think realistically about what might occur is when first deciding how to ensure the contents of your home or business. When doing so, it is important to understand the difference between insuring actual cash value vs. replacement cost. Actual […]
General liability insurance is a fundamental policy for businesses, but for any company that involves an in-person service, a public liability policy is crucial to have as well. It is an additional way to mitigate exposure to risk. Here are the facts of what public liability insurance is and if your business can benefit from […]
A small business may be reluctant to work with a third-party company for human resources administration, but it can offer several key advantages. When resources and staff time are limited, outsourcing can be a cost-effective and efficient way to handle HR tasks. Get Expert Help One of the most appreciable benefits of working with an […]
Product liability is an often-misunderstood area of insurance, due in part to the fact that many general liability policies do carry at least some public liability coverage. As a result, it’s easy to go without this coverage when it could be vital to protecting your business. Remember, your general liability insurance covers a broad range […]