stop gap insurance coverage

3 Reasons To Have Stop Gap Insurance in Monopolistic States

Monopolistic states handle the sale of workers compensation insurance. The required insurance does not include employers liability insurance in those states. By not having that rider often easily added onto workers compensation insurance in non-monopolistic states, businesses in Washington, Ohio, North Dakota and Wyoming benefit from adding stop gap insurance coverage.

Comply with Other Insurance

Many general liability policies require businesses to purchase stop gap insurance in monopolistic states. The workers compensation plans often are bare bones and don’t protect the employer’s liability.

Limits for Bodily Injury

When an employer is sued for bodily injury due to an illness or accident caused by an employee, stop gap insurance steps in. Temporary employees need specific coverage to cover the employer liability when property is damaged or bodily injury occurs at the client’s business.

Additional Coverage

The workers compensation law only covers so much. Monopolistic states use a bare bones policy to ensure businesses. Stop gap insurance handles the employer liability outside that dictated by the law.

Prevent financial loss due to an accident, illness or property damage caused by a temporary family with stop gap insurance coverage. The general liability policy has the stop gap insurance attached to it in monopolistic states. Keep your clients happy with safety measures but be prepared in the event something does go wrong.

Many general liability policies require businesses to purchase stop gap insurance in monopolistic states. The workers compensation plans often are bare bones and don’t protect the employer’s liability.

Limits for Bodily Injury

When an employer is sued for bodily injury due to an illness or accident caused by an employee, stop gap insurance steps in. Temporary employees need specific coverage to cover the employer liability when property is damaged or bodily injury occurs at the client’s business.

Additional Coverage

The workers compensation law only covers so much. Monopolistic states use a bare bones policy to ensure businesses. Stop gap insurance handles the employer liability outside that dictated by the law.

Prevent financial loss due to an accident, illness or property damage caused by a temporary family with stop gap insurance coverage. The general liability policy has the stop gap insurance attached to it in monopolistic states. Keep your clients happy with safety measures but be prepared in the event something does go wrong.