Category Archives: Business Insurance

“What If” Wednesday: A Tale of Perseverance and Positivity

Tree FrogWhat if…I am given a great opportunity, but I’m too afraid to take the risk?

Here is a story about the rewards of risk taking and perseverance against all odds:

There once was a bunch of tiny frogs who arranged a running competition. Their goal was to reach the top of a very high tower.

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“What If” Wednesday: An Insurance Agency Built on Community

Community Service

What if…everyone put in their 8 hours at work and went home?

Picture a world where everyone did their job – and that’s it.  At the end of the day, they went home, closed the door on the world and did not reappear until the next day.  Imagine having no coaches for soccer, t-ball or swim team; no 4-H, Boy Scouts, Girl Scouts, or American Red Cross activities; no volunteer firefighters, paramedics or neighborhood watch.  What kind of world would that be?

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“What If” Wednesday: Smart Social Media Etiquette

social network business insuranceWhat if…I am perusing my favorite social media site and want to comment on a hot news item? Is there anything I should keep in mind before responding?

In the current days of social media, we need to be careful on how we respond to the latest news, gossip, etc. With everything on the internet being at our fingertips, everything can be commented and judged. Keep in mind that once it is out there, the whole world can see it.

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“What If” Wednesday: An Essential Business Insurance Addition

man holding umbrella over a cartoon business manWhat if…I get sued by one of my employees?

This stuff really happens!

Protect Your Assets

Two businesses we insure are thanking us for helping them understand why they should add Employment Practices Liability to their business insurance policies, as they are being sued by either an employee or a former employee.

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“What If” Wednesday: Is My Work Laptop Covered by Business Insurance?

Is my work laptop covered by my business insurance?What if…the laptop or tablet computer that I use for my business is stolen?   Will my business insurance policy cover the loss?

A typical commercial insurance policy does not provide coverage for the physical loss or damage to a laptop.   It will also not cover your legal “data breach” requirements if your device was storing customer, vendor and employee information.   You will need to purchase an inland marine policy (or an electronic data processing policy) to cover the laptop and “data breach” coverage to your policy to cover the costs associated with loss of that information.

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“What If” Wednesday: Disability Insurance Protects You

DisabilityWhat if… I’m hanging blinds and I fall, leaving myself unable to work?

One of the biggest threats to your income is the likelihood that an illness or injury will leave you unable to work for an extended period of time.  Most people underestimate their chances of suffering a disabling illness or injury.  The Social Security Administration’s statistics show the typical 20-year-old has a one in four chance of experiencing this type of disability before retirement.

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Insurance for Your Home-Based Business

Working from a home office or doing business from your home can be a great way to earn income! It has a number of benefits, such as:

  • Less Stress
  • No Commute
  • Time with Family

Whether you are selling designer handbags, scented candles, are a financial planner, operating a daycare, selling vegetables at a roadside stand, or providing repairperson services, it remains a business.  With that comes all the risks and rewards associated with owning a business.

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Avoid Business Insurance Audit Surprises!

As you know, your business sales/revenue totals, as well as your payroll, may be used in calculating your final insurance premiums.

In addition, subcontractors’ wages may be included in your final premium calculation unless they have provided your business with an approved liability and workers compensation certificate of insurance or exclusion form.

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When An Employee Sues You

This stuff really happens!

Two businesses we insure are thanking us for helping them understand why they should add Employment Practices Liability to their insurance policies, as they are being sued by either an employee or a former employee.

In both cases, the owners don’t feel they did anything wrong.  However, they have to defend themselves and legal defense is costly.

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The Latest Insurance Industry Changes that Affect You

Let’s talk… Changes in the insurance industry that can impact the price you pay.  If you have questions or concerns after reviewing this information, please contact us online, by telephone, or email (see contact info below).  Your Michigan Insurance Agent at Kemner Iott Benz wants to help!

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