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Self insurance coverage

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Q: You own a company in a state where state funds aren't mandated for employee health insurance What is one option for providing your employees with health care coverage for work-related injuries?
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You own a company in a state where state funds aren't mandated for employee health insurance What is one option for providing your employees with health coverage for work-related inju?

self-insurance coverage


You own a company in a state where state funds aren't mandated for employee health insurance What is one option for providing your employees with health coverage for work-related injuries?

Pay for it yourself.


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What is the primary reason employers purchase insurance plans to provide health coverage?

With spiraling medical costs, the employees without health insurance coverage will be in total jeopardy. As a result, they will absent from their duties frequently and their working strength will gradually reduce to a low ebb. Considering the above scenario, the employers deems it essential to purchase insurance plans for their employees' health coverage.


Can I bring my truck to Mexico?

Providing it is legally registered in this country (U.S.) AND you apply for the proper insurance coverage from a Mexican Insurance Co.


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Can you add an endorsement to cover your employees vehicles who drive their own vehicles for business purposes?

I assume that you are referring to your commercial auto policy. You can add coverage for non-owned auto coverage on the policy. However, you are not covering their vehicles, you are providing excess coverage to protect the business only from liability. They are still required to have their own insurance and this coverage will pay any loss above their underlying coverage for an accident that occurs while working. It will not pay for damage done to your employees vehicle in any case.