workers compensation

The following blog posts have the category Workers compensation

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Kathleen Hansen -

When it's time to store your boat for the winter, sit down with a member of the marina's staff and discuss what you can expect to have done. Most marinas are prepared to service your boat efficiently, but you are responsible for seeing that all work is done. Ask that they call you when the winterizing is complete.
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Categories: annual review, annuity, asset protection, atv, automotive, boat , boat and yacht insurance, boat insurance, bonds, business auto, business continuity, business insurance, business interruption, business management, business safety, car insurance, car safety, christmas, claim examples, college students, collision, community involvement, comprehensive, computer security, contractual liability, cyber security, deductible, disability insurance, disaster insurance, discounts, domestic employee, driving safety, earthquake, electricity, employee retention, employee safety, epli, family fun, family safety, finances, fire insurance, fire prevention, fireworks, floaters, flood, flood insurance, food safety, gun safety, health, health insurance, healthy living, hmo, holiday, home business, home insurance, home safety, hsa, identity, identity theft, immunization, inland marine, insurance, insurance claims, insurance cost, insurance credits, insurance exclusions, insurance history, insurance quiz, insurance records, internet, inventory, investments, jack and sara, joke, just for fun, lawsuits, liability insurance, life insurance, long term care, mental health, money, motorcycle, new york, ocean marine, online safety, outdoor safety, paid family leave, personal property, pet insurance, pets, planning, ppo, prevention, product liability, professional liability, retirement, risk management, safety, security, small business, smoking, spouse, spp, structured settlements, technology, teen drivers, term life, trailer safety, travel insurance, umbrella, umbrella policy, water damage, weather, weather safety, wedding, winter, winter storage, winterizing, work safety, workers compensation | View all Categories
Kathleen Hansen -

Dear Valued Client:

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Categories: annual review, annuity, asset protection, atv, automotive, boat and yacht insurance, boat insurance, bonds, business auto, business continuity, business insurance, business interruption, business management, business safety, car insurance, car safety, christmas, claim examples, college students, collision, community involvement, comprehensive, computer security, contractual liability, cyber security, deductible, disability insurance, disaster insurance, discounts, domestic employee, driving safety, earthquake, electricity, employee retention, employee safety, epli, family fun, family safety, finances, fire insurance, fire prevention, fireworks, floaters, flood, flood insurance, food safety, gun safety, health, health insurance, healthy living, hmo, holiday, home business, home insurance, home safety, hsa, identity, identity theft, immunization, inland marine, insurance, insurance claims, insurance cost, insurance credits, insurance exclusions, insurance history, insurance quiz, insurance records, internet, inventory, investments, jack and sara, joke, just for fun, lawsuits, liability insurance, life insurance, long term care, mental health, money, motorcycle, new york, ocean marine, online safety, outdoor safety, paid family leave, personal property, pet insurance, pets, planning, ppo, prevention, product liability, professional liability, retirement, risk management, safety, security, small business, smoking, spouse, spp, structured settlements, technology, teen drivers, term life, trailer safety, travel insurance, umbrella, umbrella policy, water damage, weather, weather safety, wedding, winter, work safety, workers compensation | View all Categories
Kathleen Hansen -

A 5-Step Checklist for Financial Health in 2017

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Categories: annual review, annuity, asset protection, automotive, boat and yacht insurance, boat insurance, bonds, business auto, business continuity, business insurance, business interruption, business management, business safety, car insurance, car safety, christmas, claim examples, college students, collision, community involvement, comprehensive, computer security, contractual liability, cyber security, deductible, disability insurance, disaster insurance, discounts, domestic employee, driving safety, earthquake, electricity, employee retention, employee safety, epli, family fun, family safety, finances, fire insurance, fire prevention, fireworks, floaters, flood, flood insurance, food safety, gun safety, health, health insurance, healthy living, hmo, holiday, home business, home insurance, home safety, hsa, identity, identity theft, immunization, inland marine, insurance, insurance claims, insurance cost, insurance credits, insurance exclusions, insurance history, insurance quiz, insurance records, internet, inventory, investments, jack and sara, joke, just for fun, lawsuits, liability insurance, life insurance, long term care, mental health, money, motorcycle, ocean marine, online safety, outdoor safety, personal property, pet insurance, pets, planning, ppo, prevention, product liability, professional liability, retirement, risk management, safety, security, small business, smoking, spouse, spp, structured settlements, technology, teen drivers, term life, trailer safety, travel insurance, umbrella, umbrella policy, water damage, weather, weather safety, wedding, winter, work safety, workers compensation | View all Categories
Kathleen Hansen -

Before signing on the dotted line, it's important to know what exactly comes with the new house you're about to buy. In addition to that amazing kitchen, fabulous master bath and lush green backyard, could there be foundation issues? Or maybe a rotting roof in need of replacing? You may not be required to have a home inspection, but it is highly recommended and almost always worth the money. Help reduce your stress and take the guesswork out of potential issues by working with a qualified home inspector.
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Kathleen Hansen -

No matter what the climate is like where you live, keeping the temperature comfortableinside your car often means battling foggy windows. If you live in a climate with cold winters, staying warm in your chilly car means turning on the heater — and battling the resultant fog on the inside of your windows. In warm, humid areas, turning on the AC can cause the opposite issue — fog blurring your windows from the outside.
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Thanks to the Internet, almost anyone in New York can go into business for himself or herself these days. Whether you're a carpenter, web designer, or accountant, online resources and professional networks make it possible for just about anyone to connect with potential clients and take care of basic day-to-day business operations on their own. For employers, this ever-expanding pool of freelancers and self-employed skilled laborers means that hiring an independent contractor to provide a service for your business is now easier than ever.
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When an employee in New York gets injured on the job, the negative repercussions can affect everyone. Worker's Compensation Insurance ensures that both employees and employers are protected in the event of a worker accident, illness, or injury.
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Executive Insurance and Financial Services -

10) Multi-State operations are covered under one policy.
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Executive Insurance & Financial Services -

Understanding whether your business needs Workers’ Compensation coverage can be difficult.But it is important to make sure you have the proper coverage.President Anthony Sce' III and E.I.F.S. can help you to understand your business's needs.Watch our informational video and then give us a call.
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Executive Insurance & Financial Services -

Tired of Premium Audits?
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Executive Insurance & Financial Services -

DO YOU HAVE EMPLOYEES?!?!?

If you have one or more employees working in NY State you are required to obtain NYS Workers’ Compensation insurance coverage.The Workers’ Compensation Insurance Policy must be effective no later than the first day you have employees.
Understanding whether your business needs Workers’ Compensation coverage can be difficult.But it is important to make sure you have the proper coverage.The agents at E.I.F.S. are experts in Workers’ Compensation and can make sure you have the coverage you need.
View Our Informational Video
Hereis some more information to help get you started:
But it is important to talk to someone to be sure your business is correctly covered.
Family Businesses: Family member who work for the business, including spouses, are considered employees if they work 40 hours a week or live on the premises. If it’s a home business you must have a separate Workers’ Compensation policy.
General Contractors: General Contractors should carry a Workers’ Compensation insurance policy if hiring sub-contractors.
When Hiring Independent/Sub Contractors: A true independent contractor is self-employed. He or she has a Federal ID# and maintains a business location.In this case the party responsible for Workers’ Compensation depends on the number of hours worked, the method of operations, the raw materials and state laws.Even if you think that they are responsible for Workers’ Compensation, you want to clear on this upfront and have contracts in place specifying whom is responsible for Workers’ Compensation. This is not just in the contracting arena; this is true for any sub-contractor, for example a website designer.
Volunteers: If they volunteer without pay or compensation then they are not employees and do not need Workers’ Compensation, but covering them could avoid costly lawsuits.
Sole Proprietorships/Partnerships – You can choose if you want to be covered or not, but the safer choice is to cover yourself in case an injury occurs while on the job. Many health insurance policies will not cover work related injuries.If you’re not 100% sure that your business falls into this category, call us to be sure. (888)-343-7463
Special Employees – If you have special employees such as temps, borrowed employees or leased employees you want to be certain about who must provide Workers’ Compensation. Usually the company or the person who controls the work is also responsible for Workers’ Compensation. If you’re not sure, contact us (888)343-7463 and we can help you figure it out.
Failure to obtain a Workers’ Compensation Policy when required constitutes a Class E Felony if you have more than 5 employees and a misdemeanor if you have less than 5 employees and it can cost you a large sum of money in penalties and the cost of a claim in an injury occurs.
If you’re unsure if your business needs Workers’ Compensation, call or contact Executive Insurance & Financial Services and let our licensed & knowledgeable professionals guide you.
888-343-7463
Learn the Top 10 Reasons to Call E.I.F.S. for your Workers' Compensation Policy!

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Executive Insurance and Financial Services -

Having Trouble Understanding Workers' Compensation?
Want help arranging your Workers' Compensation Policy?
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EIFS -

A REAL LIFE SCENARIO: When your Worker’s Compensation Lapses
Agent: Jason B.
This is a problem incurred by a new client at EIFS.For our EIFS clients, 99.9% of the time, this problem could not happen because of the system of ‘checks and balances’ we have in place to make sure that we, as your agents, stay on top of these type of issues for our clients.
This is a true scenario.The company name has been altered.
We had only recently started working with our new client (TGS) when I received a phone call from a Collection Agency on behalf of the Workers Compensation Board regarding a fine that TGS incurred for having a Workers Compensation policy lapse for 60 days prior to coming to our agency.
The Penalty: $12,000
The Collection Agency asked us if we knew how to get in touch with the owner of the company since they had been trying to reach them for some time but they had not responded to their calls. Rather then letting the client handle a situation that they have no experience with, I asked if I could help to remedy the situation on the client’s behalf.
I immediately contacted TGS and explained to them the urgency of the situation and advised them that by not responding to the penalty letters they had received only made matters worse. I volunteered my expertise to help them to solve their problem and they were most grateful for my assistance.
I explained that they would have to pay a fine, but that I would do my best to bring it down as much as possible.I acted quickly on behalf of our client and consulted with an attorney along the way to be sure I was dispensing the best advice I could.After negotiating with the collection agency the penalty was reduced from $12,000 to $4,500.
My client is ecstatic and the Worker’s Compensation Board is satisfied and the case is closed.
At EIFS we will work with you to ensure that you never have an issue regarding your Worker’s Compensation Policy.

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Artisan contractors like carpenters, roofers, electricians and plumbers often have basic insurance needs taken care of through a Business Owners Insurance Policy (BOP), but a BOP isn't designed to provide coverage for all business risks, especially those faced by contractors.  Floaters may be necessary to cover equipment; business auto insurance may be needed to cover trucks used primarily in business, and many states require contractor employers to provide workers compensation insurance.

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Construction Contractors Need Special Types of Insurance

Construction businesses need the same kind of insurance as other businesses, but special situation unique to the building trades mean you often need supplemental insurance.  Examples include insurance floaters to cover equipment and machinery in transit or during testing; builders risk policies to cover the ever-increasing value of a structure as a job moves toward completion; bid or other bonds may be required for many jobs.

 

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Although the range of different products manufacturers produce is huge, with only a few exceptions the risk exposures differ more in degree than in kind.
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