Those who own businesses always have to worry about what might happen to their employees if they happen to be injured. In fact, it should be one of the biggest concerns for employers because it’s rare that an employee would ever be considered ‘at fault’ for something that happens to them.
Better hiring practices and safety procedures can go a long way to ensuring you don’t fall into this trap, but it may not be able to prevent everything. See how commercial insurance works in Pomona, CA when it comes to injured employees.
Injured Employees Are Covered
THINK Insurance & Financial Services can tell you that your commercial insurance will cover your injured employees if they sustain an accident or chronic illness/condition when on the job. Everything from back pain to a sprained ankle could be considered a workplace injury. It’s the only thing that’s required for business owners to have by the government, as there needs to be some insurance in place in the case of a catastrophic problem. However, that may not be the end of the story.
You May Not Have Enough Coverage
Just because you have some type of coverage though doesn’t mean that you have enough. However, that doesn’t mean that you’re off the hook when it comes to helping your employee with their troubles. THINK Insurance & Financial Services can give you more information when it comes to protecting your business from the worst that may occur. Employees may sue for not just the medical bills that they incurred from their injury, but also for ongoing physical therapy and for lost wages. The worst case scenarios can end up wiping out a business completely. To avoid getting caught in hot water, you need to have the right amount of protection on your side.
Are you the sole provider for your family? Do you have any financial plans for your loved ones even after your death? Well, death has no alert or preparation. You never know when you will die, but one thing you can be sure of is that your family’s financial needs will always be there. Do you want your family to live a miserable life after you are long gone? of course not.
If you are in Pomona, CA, THINK Insurance & Financial Services provides you with a life insurance policy that can ensure your family’s stability after your death. We understand the value of family, and that is why we offer you this plan so you can feel satisfied knowing that your children will continue achieving their dreams even after your end.
We offer you different coverage options depending on your needs. Let us look at some of our options.
Term Life Insurance
It is one of the most common life insurance policy. It helps to secure your family’s financial needs but for a temporary period. It can be used to cover funeral expenses, living expenses, school fees, and mortgages but after achieving the set goal and for a specific time, it is terminated.
Permanent Life Insurance
Unlike the term life insurance, permanent life insurance is for a lifetime. It provides financial stability for your family even after all your children have graduated. Sometimes, you may reason and say that what is important is your kid’s education and that is true. But what about your spouse? What if he or she lives for other twenty years after your death? Will they be able to maintain the same lifestyle you had provided before your death?
Well, both the policies are significant depending on your preference. It is just a matter of choice. So, remember, if you are in Pomona, CA, feel free to visit THINK Insurance & Financial Services for more information.