Why get your Workers Compensation from LPL Risk Management
Posted: May 2, 2022
Why get your Workers Compensation from LPL Risk ManagementWorkers Comp can be one of those evil necessities for NYS employers. New York Law says all employers must cover their employees form work place injuries and this adds a tremendous cost to many employers. But for the employees,, it helps keep them safer and on the job. It can and should be a positive experience for both the Employer and Employee. The advantages of...
Is all workers compensation the same?
Posted: May 24, 2021
In short the answer is no! When you ask an employer why they carry workers compensation the number one answer is "I'm required to by law". This is a good answer and deserves to be the number one answer but are there other benefits? Sure, just as there are drawbacks. Just like General Liability and property insurance, workers compensation protects people from financial losses....
Workers Compensation Payroll Billing
Posted: September 23, 2020
Rather than paying for insurance up to a year in advance and tying up vital cash, premiums are paid as you go one payroll period at a time! With a normal workers compensation policy you have to pay 25% down each year and then make monthly or quarterly payments. Pay as you go eliminates having to make down payments as well as end of year large billing...
Why Restaurateurs Need Business Insurance
Posted: May 20, 2019
Hot surfaces. Sharp knives. Foodborne illnesses. Patrons coming and going on a daily basis. Restaurant owners face a multitude of risks that are specific to your industry. And that’s in addition to the typical concerns most small businesses must prepare for like property damage to your premises or loss of important customer, vendor, or employee files and records. Learn about the small business insurance coverages...
NYSIF Safety Groups
Posted: April 29, 2013
A safety group is a loss sensitive insurance program that enables employers in the same industry to pool their insurance premiums with the goal of reducing the cost of workers' compensation insurance. It gives small and medium sized employers the opportunity to participate in the type of program that is usually reserved for much larger employers. A NYSIF safety group operates on the same principle...
