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What type of insurance is needed for a residential housekeeping business with one employee?
If you mean, a business that consists of one household employee, i.e., you employ a housekeeper, nanny, etc. in your home, most states (e.g., New York, Massachusetts) would require you to have workers comp insurance. You would also have to pay state and federal unemployement tax, though this is not strictly speaking insurance.
What else can I help you with?
Does my son need Work men's Compensation Insurance coverage in my sole proprietorship business in California?
Forget he is your son. You must treat him like any other employee you would hire in respect to insurance coverage requirements. <><><> California law requires any business with even ONE employee have Worker's Comp insurance. If your son is an employee of the business, then yes, you need it.
What is commercial life insurance?
There are many reasons to use life insurance in a business situation. Say you have two people in a partnership and you agree that if one person dies the other will buy out the family of the deceased. Where will you get the money to buy out the family. Life insurance is often the funding source for many such agreements. This example is called a Buy-Sell Agreement. These are funded by life insurance on each partner in a set amount per their agreement. It serves both parties as the survivor gets the business and isn't all of a sudden without a partner and stuck with inexperienced family members who own half the business. The family of the deceased are paid in full by the insurance proceeds without having to negotiate a price for a business at a bad time. Another type of business life insurance is "Key Man Insurance" where a business would suffer financially if an important employee died. The life insurance would pay the business and give them money to overcome the loss as well as to recruit and train a new employee for the important position. There are many other type of business life insurance. For full disclosure, I own and operate a small Independent Insurance Agency in Georgia and have for the past 22 years. I also worked for a direct writer for the 3 years before that.
How can a business avoid insurance liability?
You can avoid insurance liability by making sure that all employee's are doing and following the safety guidelines correctly. Post signs saying that things are not safe, wet floor, hazardous materials etc.
Employee life insurance benefits from Clark Equipment?
I would like to know about Life Insurance on my husbanc, Wm. Bravender. He was employed by Clark Equipment in Buchanan.
Does a business have to let the public us the restroom?
If it isn't an employee restroom and they do if they use the business' service.I don't understand this answer .... Yes? Or No?
What does a business insurance agency do?
Business insurance agencies typically sell insurance policies to commercial businesses. They sell property and liability policies, employee coverage and product liability.
Does my son need Work men's Compensation Insurance coverage in my sole proprietorship business in California?
Forget he is your son. You must treat him like any other employee you would hire in respect to insurance coverage requirements. <><><> California law requires any business with even ONE employee have Worker's Comp insurance. If your son is an employee of the business, then yes, you need it.
Why would a business obtain a residential loan instead of an individual?
My last company bought residences for temporary employee housing.
What kind of insurance does M3 Insurance offer to consumers?
M3 Insurance offers a wide rage of insurance including business insurance and employee benefits, and personal insurance like auto, home health, and life.
Are employees covered under the auto insurance policy of a business?
As long as the business has the driver listed as a driver/employee of the automobile, they should be covered.
Can an employer force an employee to use their company health insurance as the employee's primary insurance when the employee already has very good insurance?
No, They can not
If you own a business and are an employee of that business can you collect unemployment when the business goes under?
troughIf you were paying your full National Insurance stamp for the required amount of time then you should be able to.
Will it be cheaper to get health insurance for individuals?
The final price on your health insurance will depend on the contract that your employee has with the insurance company. Often a business will cover the majority of the price of an individual but will charge a higher premium for a family.
Why business use life insurance?
Most business use Group life insurance. Group life insurance is one of those non-monetary or feel good benefits company's provide their employees. For as long as someone works for the company, depending on their salary and grade, they are insured for a certain amount. The company bears the premium payment and the insurance proceeds are paid by default to the survivor of the employee. If I were an employee, I would prefer a company that offers a higher group insurance.
What kind of insurance plans does Grange Insurance provide?
Grange Insurance provides the following insurance plans: Homeowner, Renter, Personal Umbrella, Identity Theft, Auto, Boat, Motorcycle, Recreational Vehicles, Business, Life, and Employee.
What is a benefit of the company Foremost Insurance Group?
Foremost Insurance Group is perfect for a business owner. They work hard to find the best plan for you. They are very concerned with your employee's safety.
What does commercial shop insurance do?
This type of insurance is tailor made to your business. It insures you against employee insurance claims, stock theft or damage, building damage and assists you to claim from almost any disruption from your income.
