Advantanges and Disadvantages of Self-Insured Business Every business needs some type of insurance. For businesses with low-risk, paying premiums isn’t worth it when claims are not made. A self-insured business can assure coverage for its employees and any business losses without having to pay insurance premiums. What is Self-Insurance? Self-insurance is an insurance plan whereRead more

Insurance for Franchises: What Kind of Insurance Do You Need? There are different types of insurance for franchises to consider depending on whether you’re a franchisor or a franchisee. Franchise insurance requirements also depend on what business activities your franchise takes part in. What Should Franchisors Consider? Franchisors need to make sure they have insuranceRead more

The Importance of Collecting & Reviewing Endorsements Having an effective system for managing COIs (certificates of insurance) and understanding your insurance policies is critical to mitigating risk for your company. But, tracking COIs and collecting and reviewing endorsements by hand is difficult and time-consuming, which leads many insurance professionals to put off or overlook theseRead more