“Safety and security don’t just happen, they are the result of collective consensus and public investment…”
If you’re a business owner frustrated with workers compensation audits or high insurance bills, this is for you! Did you know that learning how to choose the right type of insurance and how to implement planning strategies to master your premiums, can save you from paying thousands of dollars annually?
And, it all starts with proper financial planning…
Whether you are just starting out or have already developed a business over time, it is highly recommended for most businesses to obtain Property Insurance and General Liability Insurance, and this is suggested at the least. If a business already has employees on board, business owners will also want to ensure to have additional coverage and security. And, depending on the type of business, the list of insurance types goes on and on!
Depending on how a business is classified and what roles employees have, various insurance options should be considered. For example, if a business has drivers and company cars, Commercial Auto Insurance will also be extremely important. Most states in the US require businesses to have Worker’s Compensation Insurance too, and it is beneficial regardless of the requirements, as it covers both employers and employees for any unexpected instances.
As a business owner, often times choosing the right insurance can become overwhelming, as there are so many options available. However, once determining what the business needs are and the potential liabilities that could occur, it is possible to buy separate types of policies that will provide other opportunities for guaranteed coverage, in case of any types of accidents occurring.
If you would like to learn more about the best insurance out there for business owners and how to get the most desirable rates that will save you money in the long run, hiring a financial planner to support you throughout your journey of obtaining insurance will help to save money overtime. Their knowledge will guide you in choosing a plan that will provide you with the financial security you, your business, and employees need and deserve.
ERPS Group is a one-of-a-kind financial firm located in Metro New York City that offers a differentiated approach to helping people to achieve enduring financial results and support in choosing the perfect life insurance plan. They offer effective strategies that help to bridge the gap between financial freedom and personal or business goals.
Interested in learning more? Contact us today at (347) 462-2778.