Remove Deductible Remove General Liability Remove Workers Compensation
article thumbnail

Travel Insurance for Businesses

Bankers Insurance

In most cases, the deductible requires the insured to pay about 10 percent of any loss. Policies carry about $20 million to $30 million limits, which is generally more than enough to pay a typical ransom. This coverage provides workerscompensation benefits in the event of a work-related injury or illness.

article thumbnail

E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

Coverage limits, deductibles, and other policy terms can be adjusted to align with the company’s nature and size. It can also cover temporary workers, contractors, and even former employees. EPLI coverage isn’t limited to full-time employees.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Best Practices for Effective Claims Reviews

Risk Management Monitor

For instance, frequent third-party claims for premises liability may have led to restrictions on Med Pay coverage or a higher deductible to give the customer a bigger stake in safety measures. As a result, within about two years, the program cut the manufacturer’s workers compensation loss ratio roughly in half.

Claim 75
article thumbnail

Cannabis Industry Prospects Brighten;Risks, Challenges Remain

Triple-I: Workers Compensation

The Small Business Tax Equity Act would provide an exception into the Internal Revenue Code to let cannabis operators – as long as they’re in compliance with state laws – make the same deductions as any other business. Does workers compensation cover a workplace accident in which the injured employee tested positive for marijuana?

Risk 40