If you didn’t already know, we sell life insurance! Here’s a link to a great article by on of our carriers discussing the importance of assessing your life insurance needs. Contact Derek Wirz at 423-504-4647 for a quote today!
Be aware that it is not legal to obtain a copy of the applicant’s driver’s license or any other identification at the pre-hire phase because it includes information that cannot be used in the hiring process, such as the applicant’s date of birth. This information is to be obtained only after the employee has accepted the job offer and no later than their first day of employment.
This year we picked up a contractor that performs 90% of his work on residential properties. Look was lurking inside his old policies! An exclusion that made his general liability worthless! (And of course we fixed it!)
If you are a business owner and looking for a second opinion on your insurance, please call me at (423) 504-4647.
Many in the human resources profession say “hire for attitude and train for skill.” However, the employer must also include the applicant’s aptitude and integrity. Some employers ignore the proper hiring process because they “like” someone or need to place a warm body in a position. The employer with an undesirable and costly workers’ compensation program cannot expect a better outcome if they continue to hire and train the way they have always done in the past. Changes must occur!
We highly recommend to our Home Builder clients to transfer the risk of structural warranties to an insurance company. We represent Professional Warranty Service Corporation, pwsc.com, and would like to share information on how you may apply for this excellent program!
Contact Derek Wirz at 423-504-4647 to set an appointment and discuss your risk.
Eliminate confusion by educating employees and management on your company’s Workers Compensation procedures. Are safety programs available and attendance well documented? Have pre-injury preparations been discussed by upper management? Is your panel of physicians filled out correctly and posted properly? Does each employee know who to contact in case of an injury? These processes need to be a priority in your business.
Obviously in traumatic situations the first phone call should be to 911. However, when an employee has signs of physical distress always err on the side of caution and call 911 to have proper medical responses. The last thing you want an employee to suffer a heart attack or stroke from signs that you may have missed.
Please call me if I may assist you and your company.
At a meeting, a speaker asked how to avoid “coverage misunderstandings.” One agent spoke up and said “R.T.D.P.!” Puzzled, the instructor asked, “What is R.T.D.P.?” the agent replied “I tell my clients to Read The Dang Policy…” Smart advice, but there is one problem and that is that insurance policies are often hard to understand. This is why you MUST be insured with a skilled insurance agent.
There is perhaps no better place to start reading policies than the property insurance policy. For example, a standard commercial property insurance policy excludes certain mechanical failure, damage to electrical motors, boilers, compressors, or electrical components caused by a drop in a electrical phase, brown out, power surges, damage caused by an animal, or even unknown causes! But hold up now… Just like the property policy, these policies also have exclusions – like wear and tear.
Wow – think about that, a property policy that does not cover the major components of a building for certain types of destruction. Well, there are just certain exposures that all insurance companies are not willing to cover without a coverage enhancement and premium. To reverse many of these exclusions you need to have a form of Equipment Breakdown coverage (and a great insurance agent).
Sadly, many insurance agents do not review these exposures with their clients. Gladly, that is where we can help.
If you are a banker, CPA, attorney, or other professional that advises businesses in some capacity, share this post. There is a heck of a chance your clients don’t know about this landmine AND an uncovered loss can cost the business owner their entire net worth!
Call me if I can help.