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Monthly Archives: November 2014

How Business Insurance Protects your Company

Lawsuits can easily bankrupt a business. To protect your investment, here are two important policies that small businesses should own:

Commercial General Liability

A standard commercial general liability policy provides insurance coverage for lawsuits arising from injury or damage caused by your business practices or employees. It also covers infringement on intellectual property, slander, libel, contractual liability, tenant liability, and employment practices liability. (more…)

How Companies can Get Ahead of Data Breaches

In 2013, big retail companies were targeted in a series of cybercrimes, where costumer information was stolen and used for fraud. Millions of dollars were lost by these establishments, some of their executives and employees were fired, and customers became apprehensive about using their cards at those stores for a time, which cost even more money.

If there’s anything businesses should learn from the recent data breaches that have hit the headlines, it’s the importance of protecting themselves. Using systems that accept unencrypted credit card data or data storage with weak security, for instance, can put your company at risk, so shifting to more advanced and highly secured systems would be ideal. The question is: if upgrading all your equipment or software would take time or if it wouldn’t be possible currently, can you still protect your company? (more…)

Gauri Gupta Earns Chartered Healthcare Consultant (ChHC) Designation


Gauri Gupta, CBC,ChHC, Director-Employee Benefits Division, at InsureYourCompany.com, a provider of reliable small business health insurance in NJ, has earned the Chartered Healthcare Consultant (ChHC) professional designation from The American College, Bryn Mawr, PA.

Candidates for the ChHC designation must complete a minimum of six courses and 12 hours of proctored examinations. They must also fulfill stringent experience and ethics requirements.

The ChHC program is considered the most comprehensive credential available for benefits specialists, healthcare consultants, and finical advisors interesting effectively providing clients with cutting-edge information. The curriculum provides professionals with an in-depth understanding of the latest reforms in healthcare mandated by recent legislation.
http://www.insureyourcompany.com/about/news/gauri-gupta-earns-chartered-healthcare-consultant-chhc-designation/

When Your Primary NJ Business Insurance Runs Dry, Open an Umbrella

You may ask: “Why can’t I just expand my general liability insurance rather than buy an umbrella insurance?” You’ll save more in premiums when you opt for an umbrella policy than if you were to expand your primary coverage. A large firm can pay over $3,000 a year for general liability coverage of $1 million. If you need another million, an umbrella policy can only cost below $1,000.

Overall, umbrella insurance is a great way to reduce insurance expenses while expanding a company’s protective field. As secondary coverage, umbrella policies won’t take effect until the primary coverage is exhausted, making them rather affordable. Trusted insurance companies in NJ such as InsureYourCompany.com suggest buying an umbrella to keep you dry during a legal storm.
http://www.insureyourcompany.com/primary-nj-business-insurance-runs-dry-open-umbrella/

Business Insurance Protects From Overtime Claims

H.R. 5159, also known as the Schedules that Work Act, ensures that workers can have flexible work schedules. This has, however, led to employees rendering a lot of overtime.

The hospitality and retail industries are among those most impacted by H.R. 5159, especially hotels, 24-hour shops, and food joints. Confusion regarding the coverage of related laws such as the Fair Labor Standards Act (FLSA) has caught many businesses off-guard. This resulted in a rise in wage and hour claims, namely in 2010 to 2011 where filed lawsuits went up by 15 percent. (more…)

D&O Insurance: The Least-Known Small Business Insurance Explained

Directors and officers (D&O) liability insurance is the “most discussed and least understood” form of insurance, writes Hartmut Mai, global head of financial lines at Allianz. Despite being offered by small business insurance providers such as InsureYourCompany.com, very few have a clear idea of its benefits.

Regardless, there’s no denying the growing demand for this type of insurance. According to insurance analytics firm Advisen, while per-occurrence limits in D&O insurance dropped by 19 percent in 2012, the amount of written premiums increased to $2.154 million from $2.086 million just two years ago. The market continues to enjoy demand mostly from companies with revenues of $300 million and up.
http://www.insureyourcompany.com/insurance-least-known-small-business-insurance-explained/

Small Business Insurance Provider Earns ChHC Professional Designation


Gauri Gupta, CBC,ChHC, Director-Employee Benefits Division, at InsureYourCompany.com, a provider of reliable small business health insurance in NJ, has earned the Chartered Healthcare Consultant (ChHC) professional designation from The American College, Bryn Mawr, PA.

Candidates for the ChHC designation must complete a minimum of six courses and 12 hours of proctored examinations. They must also fulfill stringent experience and ethics requirements.

The ChHC program is considered the most comprehensive credential available for benefits specialists, healthcare consultants, and finical advisors interesting effectively providing clients with cutting-edge information. The curriculum provides professionals with an in-depth understanding of the latest reforms in healthcare mandated by recent legislation.
http://www.insureyourcompany.com/small-business-insurance-provider-earns-chhc-professional-designation/