With this expertise, the agent can point out exposures you may overlook. He or she can suggest options from a vast menu of risk-management strategies and amend a basic policy by adding special coverages and endorsements. The resulting policy will be custom tailored to your business's unique protection needs. Your agent can also recommend non-insurance strategies to meet your needs. Where appropriate, he or she will suggest that your accountant and attorney be brought into the decision-making process to review the legal and tax implications of suggested strategies.
Litigation is costly, whether the claimant's suit is valid or ridiculous.
The legal defense provision greatly reduces those costs to the policyholder. Rehabilitation-Insurance companies that write a lot of workers' compensation insurance may provide access to extensive rehabilitation services. Generally, these services help return injured workers to employment and, in some cases, may even help train the workers for a different job. Inspection services-Many cities require businesses to conduct regular inspections of the steam boilers in commercial buildings. Boiler and machinery insurance policies not only protect against certain kinds of damages to energy equipment, but also provide for inspection by the insurance company's specialists.