Why does the average cost of small business health insurance tend to be lower than that of individual coverage? This is, in part, due to risk pool advantage, which means that the larger the group, the more spread out the costs are to provide coverage for medical care. The Small Business...
Health insurance is an important benefit to provide employees. However, when you’re the owner of a small business, the management of financials plays a huge factor. Consider the importance of small business health insurance costs. It’s monumental and can havea real impacton your financial heal...
The average annual cost of business property insurance is $800, while the average annual cost of general liability insurance is $805. But if you’re looking to insure your company, there’s a way you could pay under $1,000 total per year for both these insurance plans: a business owner...
As a small business owner, employee health and well-being are essential to your company’s success. As you build your business, we’ll work with you to find a group health insurance solution that works for your employees and delivers the best value for your budget. We’re proud to offer...
Business owner’s policies do not typically covercommercial auto insurance, health insurance, disability insurance,workers’ compensation insurance,professional services insurance, orprofessional liability insurance. In most cases, thesetypes of business insurancemust be purchased separately or as policy add-...
(BOP) combines protection for all major property and liability risks in one insurance package. This type of policy assembles the basic coverages required by a business owner in one bundle; however, it is usually sold at a premium that is less than the total cost of the individual coverages...
Insurance cost reform vital to Illinois business healthArthur R. Gottschalk
Point-of-Service Plan- Known as a (POS), this type of health insurance plan provides access to health care services at a lower overall cost, but with fewer choices. Members can access care from in-network or out-of-network providers and facilities, but coverage is better when you stay in...
How Much Does Business Interruption Insurance Cost? The cost of business interruption insurance varies depending on a number of factors including the size of your company, the industry in which you operate, and the coverage levels you choose. Other factors that can influence the cost of business ...
Happy, Engaged Workforce: 81% of small business employees report that having insurance and/or benefits has given them peace of mind from the unexpected. Cost Effective Options: Employee-paid options offer group rates to employees at no additional cost to you as a small business owner.Why...