The Importance of Adapting Your Insurance to Your Business Growth
Posted: September 19, 2023
The Importance of Adapting Your Insurance to Your Business GrowthWatching your business prosper and grow can make all your hard work seem worthwhile. As you enjoy your success, it is important to be aware that as your business grows, risk management considerations increase accordingly. You may need to revise your business insurance because of expansion or any of various other factors. How Do Most Businesses Get Started With Insurance Coverage? For most business owners...
3 New Year's Resolutions for Small Businesses
Posted: December 9, 2022
3 New Year's Resolutions for Small Businesses2023 is almost upon us, along with the long-held tradition of New Year’s resolutions. For individuals, after a season of parties, food, holiday cookies, cakes, and drinks, resolutions about losing weight are a common theme – but what about small business owners? The New Year is the ideal time to set goals for the year, establish a workable plan to achieve those goals, and evaluate...
4 Things to Know About Employment Practices Liability Insurance
Posted: May 4, 2022
4 Things to Know About Employment Practices Liability InsuranceEmployment Practices Liability Insurance or “EPLI” is a form of business insurance specifically to protect against employment-related lawsuits. While the suit may not be accurate, once filed, you will need to defend against the case, which can prove to be very expensive without this type of insurance. The right Employment Practices Liability Insurance can help you get through challenging legal situations without sustaining severe financial...
Questions You Should Never Ask in a Job Interview
Posted: March 4, 2022
Questions You Should Never Ask in a Job InterviewImagine this hypothetical scenario: you’re a small business owner who needs to fill an open position at your company. After sorting through resumes and interviewing four candidates, you hire the one you think will be the right fit for the job. Your new employee joins your team, and business continues as usual. Three weeks later, you’re notified that one of the candidates you didn’t choose...
What Is Employment Practices Liability Insurance, and Why Does My Business Need It?
Posted: August 19, 2021
What Is Employment Practices Liability Insurance, and Why Does My Business Need It?Employee lawsuits against employers are on the rise. Employment practices liability insurance (EPLI) is coverage to protect your business against employee claims that their rights have been violated. Some insurers will provide this coverage as a Business Owners Policy (BOP) endorsement, while others offer it as stand-alone insurance. What Does EPLI Cover? Employment practices liability insurance provides protection against a range of employee claims, including:...