Business Builder Plan Blog

Employer based health insurance provides protection for the millions of Americans. Unfortunately, many employees will be without coverage when they do their job, quit, retire, or if their company goes out of business to lose. In most cases, an employee can elect COBRA lose employment. The Consolidated Omnibus Budget Reconciliation Act will provide 18 months of additional coverage, as long as the group consisted of 20 or more employees. In Ohio, if the group under 20COBRA allows employees up to six months of reporting. This law is sometimes referred to as “Baby COBRA.

Business Insurance is particularly important for any business because it is a key part of making sure that you are set up to run your business properly. There are different types of insurance cover that you need depending on the type of business you run and what you need to be covered for.

One of the most common types of business insurance is Public Liability Insurance. This covers you for any damage or injury you might cause to another person or their property whilst you are in the course of your business activities.

If you run a business with employees you will need to have Employers Liability Insurance which is a legal requirement in the UK. This will protect your employees if they fall ill or are injured whilst working for you.