- Key employee insurance: This policy protects your business from the loss of a key employee. Think about it—the continued success of your business is likely dependent on a few executive employees and their guidance. What would happen if one of them become disabled, fell ill or passed away? This coverage provides monetary rewards to compensate for the search for a new staff member, training said staff member and sometimes even lost profits that are directly related to the loss of the previous staff member.
- Loss of income insurance: A covered event, such as a fire, tornado or severe storm, can interrupt daily business operations if the building is too damaged for employees to work. The lack of work can reduce profits, which can impact your business’ ability to uphold financial obligations, such as payroll, rent and utilities. This vicious cycle can be the demise of a business, unless you have loss of income insurance to cover the profits you’ve missed out on.
- Equipment breakdown insurance: Businesses rely on computers and a variety of additional pieces of equipment in order to operate. If machinery or electronics get damaged or fail, this coverage can provide the funds to repair or replace such equipment. This includes phone systems, break room appliances, computers, printers, boilers etc.
Thursday, July 31, 2014
3 Lesser Known Business Insurance Policies
Friday, July 18, 2014
Don't forget these Top Trucking Safety Tips
Trucking is a dangerous job, between the
obvious road hazards and the effects of sitting for hours on end. While
you can’t avoid all of the dangers while hauling cargo, you can employ
certain tactics that make the job safer for you and everyone else on the
road. Try some of these safety tips while behind the wheel of a big
rig:
- Seat belt: Seat belts are essential for
stabilizing a trucker’s body during an accident. Without one, a person
can be thrown through the windshield or side window, causing more damage
as the truck continues moving without a driver.
- Brake: Big rigs take longer to fully stop than
passenger vehicles. Applying slow, steady pressure to the brakes well in
advance is required for safely stopping.
- Bad weather: Drive slowly during bouts of rain and other bad weather to keep from sliding or jackknifing.
- Blind spot: Make good use of your mirrors when turning and changing lanes to avoid accidents in a truck’s blind spot (or no-zone).
- Exit ramps: Slow your speed when driving over
highway entrance or exit ramps. Taking the curves too quickly can cause
loss of control or a rollover because of trucks’ high center of gravity.
- Cell phones: Talking on a cell phone is more
distracting than you may think and texting while driving can have worse
effects than driving while intoxicated. Limit phone usage to your breaks
and, if you must make a call, use a hands-free headset.
- Rest: A lack of sleep can make you sluggish and
irritable, while reducing your reaction time. Get a full night of sleep
before climbing behind the wheel (which goes for any form of driving!).
- Breaks: Take a break every two to four hours to stretch out your arms and legs. Walk a few circles around your truck to relieve the tension that develops from sitting for extended periods of time. Breaks help you stay focused and feel refreshed.
Subscribe to:
Posts (Atom)