Some businesses have to cut employees to keep it running. Some smaller businesses have to close down the entire operation because of financial challenges.
If you own a business or two, this is the best time to have insurance, and here are the reasons why you should do so. Moreover, the goal is to keep the business up and running to serve the clients, so you and your employees have an income.
Workers' compensation insurance provides employee benefits for injury or sickness from the job. Making it one of the most popular insurances available these days. In most states, workers' compensation insurance is a legal requirement for business establishments.
Employment Practices Liability Insurance
The Employment Practices Liability Insurance covers wrongful acts. It arises from the employment process. Also, these include wrongful termination, discrimination, and harassment. It also covers other inappropriate workplace conduct.
Business Owner's Policy (BOP)
For business owners, another popular type of insurance is the Business Owner's Policy (BOP). It combines general liability, property insurance. Plus, business income coverage is all in one package.
The current situation we're facing brought so many uncertainties. It is the best time to have a backup plan. It will help you and your business survive the challenges brought by the pandemic.
At Honest Insurance Services LLC, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (215) 354-1600 or Click Here to request a free quote.