Logos Insure Talks 1.3 – Do 1099 employees need Workers Compensation Insurance?

In terms of the basic types of safeguards they provide, commercial and personal auto insurance is very similar. However, one of the fundamental differences between personal and commercial coverage is that a commercial policy allows you to protect yourself and your company from uninsured liabilities that may arise as a consequence of a major accident.

Who benefits from workers’ compensation insurance?  The insured staff or the business that provides the insurance for its employee? Whether it’s the employee or the employer, it is no doubt that this type of insurance is necessary for all businesses.

Professional liability insurance (PLI) covers practitioners such as accountants, attorneys, and doctors from lawsuits brought by their clients for negligence or other reasons. Since general liability insurance plans do not cover liabilities resulting from business, this form of insurance is required for professionals who have specialized knowledge in a particular field.

If you think you have the best insurance policy, try to think again and secure your business even more. Umbrella Insurance is a form of insurance designed to cover a wide area of business that is not normally covered by your primary insurance. Some overlook this insurance since they think that its implication and use…

Dealing with business is a hell of a game. It requires you to be quick and fussy since the situation you’re in forces you to do so. And to better help you with that, you should get your company’s interest insured.

Workers have all the right to be treated fairly under the law. It has been a century-old warcry of all the workers ever since the idea of industrialization was born. Now that time has evolved, workers have attained some of the rights that they deserve. But these rights can become privileges if abused. It is…