The workers' compensation cover, also referred to as workers' comp, is an insurance cover that reimburses medical-related expenses and a fraction of remuneration for employees who get injured or sick at the workplace.Answer and Explanation: Workers' compensation generally covers workers in two ...
What is life insurance? What is renter's insurance? What is a firm underwriting? What is liability insurance? What is a coverage extension in business and insurance? What is title insurance? What is a mortgage broker? What is personal guarantee insurance?
A Single Premium Immediate Annuity (sometimes referred to as an "SPIA") may be the right annuity for you if you are looking for payments that begin right away and continue for the rest of your life or for a specified period of time. The annuity is purchased from an insurance company ...
What is employment practices liability insurance (EPLI) and why do employers need it? EPLI is a business insurance policy that protects businesses from claims of mistreatment by employees. It provides coverage for a variety of lawsuits, including sexual harassment, discrimination and mismanagement of...
Is a Fidelity Bond Required for Retirement Plans? ERISA requires every plan fiduciary and anyone else who handles or has the authority to handle plan assets to be covered by a bond. A fidelity bond is an insurance policy that names the plan as the insured party and covers anyone who handles...
What Is a Health Maintenance Organization (HMO)? An individual shopping forhealth insurancemay find a variety of insurance providers with unique features. One popular type of insurance provider is the health maintenance organization (HMO), which provides coverage through a network of physicians. ...
Nonqualified plans includedeferred-compensation plans, executive bonus plans, andsplit-dollar life insurance plans. Of course, it gets complicated. Individual retirement accounts (IRAs) are not qualified plans because they are not set up by an employer and therefore don't fall under ERISA rules. ...
people with no previous coverage who don't enroll in their employer's plan until after the regular deadline has passed (i.e. late enrollees) the maximum time period that a company can exclude pre-existing conditions under the Health Insurance Portability and Accountability Act amendment is 18 ...
The reinsurance market is on the verge of a positive transformation as we approach 2024 and 2025. For years, the industry has been characterized by high rates and an imbalance driven by ... READ MORE Posted by Luke Stotmeister Business Owners Seek Improved AI Insurance Coverage Over the pa...
Failure to fund the plan in accordance with the Employee Retirement Income Security Act (ERISA) Embroker makes it simple Skip the hassle — get Fiduciary Liability insurance the easy way and protect your business with tailored coverage. Quick quotes ...