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Does your Business Need Workmen Compensation Insurance Policy?

Yes, you need a workmen compensation insurance policy, even if you have fewer employees. The fact is that any business working with either part-time or full-time is vulnerable to lots of expenses if its employees become sick. Even if your business is statutorily exempt from buying coverage, you should properly weigh all the catastrophic costs […]

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Things Small Businesses Should Know About Workmen Compensation Insurance Policy

A workmen compensation insurance policy offers legal liability cover to employers. It also protects employees from incurring financial burden by providing them compensation in case of any injury or accident at the workplace. However, several small business owners consider it like any other extra and unnecessary expense. For this reason,they scout for various ways to […]

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What is Average Clause in Workers Compensation Insurance?

What is the Average Clause in Workmen Compensation Insurance? An average clause in workmen compensation insurance comes into play when the absolute number of employees changes during the term of the policy. The change in the number of employees can be due to the joining of new employees or the exit of old employees once […]

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