Introduction

Contractors in New York face a myriad of risks and challenges in their day-to-day operations. From potential property damage to bodily injury claims, unforeseen accidents can jeopardize a contractor’s business and financial stability. To safeguard against these risks, it is crucial for New York contractors to secure comprehensive contractor insurance coverage. In this article, we will explore how the BGES Group can assist New York contractors in obtaining better insurance coverage, ensuring peace of mind and protection for their businesses.

Understanding the BGES Group

The BGES Group is a renowned insurance brokerage firm that specializes in serving the unique needs of contractors across various industries. With their extensive experience and expertise, they have developed a deep understanding of the specific risks faced by New York contractors, enabling them to provide tailored insurance solutions.

Risk Assessment and Analysis

One of the key ways the BGES Group helps New York contractors is through a meticulous risk assessment and analysis process. They conduct a comprehensive evaluation of a contractor’s business, taking into account factors such as the nature of the work, the size of the company, and the potential liabilities associated with the projects. This assessment helps identify the specific risks and vulnerabilities faced by the contractor.

Tailored Insurance Coverage

Based on the risk assessment, the BGES Group works closely with the contractor to design a customized insurance package that addresses their unique needs. They collaborate with a network of reputable insurance providers to offer a wide range of coverage options, including general liability insurance, workers’ compensation insurance, professional liability insurance, and more. By tailoring the coverage to the contractor’s specific requirements, the BGES Group ensures that they are adequately protected against potential risks.

Competitive Pricing

The BGES Group understands that contractors need cost-effective insurance solutions without compromising on coverage. They leverage their industry connections and expertise to negotiate competitive pricing on behalf of their clients. By comparing multiple insurance quotes from various providers, they can help New York contractors obtain the best possible insurance rates, optimizing their insurance investment.

Expert Guidance and Claims Support

In addition to procuring insurance coverage, the BGES Group provides ongoing support and guidance to contractors throughout the insurance process. Their team of insurance professionals offers expert advice and assistance in understanding policy terms, conditions, and exclusions. In the unfortunate event of a claim, the BGES Group acts as an advocate for the contractor, helping them navigate the claims process and ensuring a fair and timely resolution.

Contractors Insurance – New York

Construction Insurance – New York

Understanding Labor Law Coverage for New York Contractors: How It Works

Introduction

Labor law coverage is a crucial aspect of contractor operations in New York. Contractors and construction companies in the state must adhere to specific regulations to ensure the safety and well-being of workers. In this article, we will delve into the details of labor law coverage for New York contractors, exploring its significance, requirements, and the benefits it offers to both workers and employers.

Importance of Labor Law Coverage

Labor law coverage plays a vital role in safeguarding the rights and safety of workers in the construction industry. New York’s labor laws provide extensive protection for construction workers, aiming to prevent accidents and injuries on worksites. The coverage ensures that contractors are held responsible for maintaining a safe working environment and following proper safety protocols. Moreover, it establishes a framework for fair compensation and benefits, including workers’ compensation and disability benefits.

Requirements for Labor Law Coverage

To understand how labor law coverage works for New York contractors, it is essential to familiarize oneself with the necessary requirements. The most significant requirement is obtaining adequate insurance coverage. Contractors are required to secure workers’ compensation insurance, which provides financial protection to workers in the event of workplace injuries or illnesses. Additionally, contractors must have general liability insurance, covering any potential property damage or personal injuries that may occur during construction activities.

Labor Law Protections

New York’s labor laws, including the well-known Scaffold Law (Section 240), provide specific protections for workers engaged in construction activities. The Scaffold Law holds contractors and property owners strictly liable for construction site accidents involving falls or falling objects, placing the responsibility on them to ensure proper safety measures are in place. This law encourages contractors to prioritize worker safety and prevents accidents caused by inadequate equipment or negligence.

Benefits of Labor Law Coverage

Labor law coverage offers various benefits for both contractors and workers. For contractors, having proper coverage protects them from potential lawsuits and financial liabilities arising from workplace accidents. By maintaining a safe working environment and complying with labor laws, contractors can minimize the risk of accidents and injuries, promoting a positive reputation in the industry. Furthermore, labor law coverage can lead to improved productivity and employee morale, as workers feel valued and protected.

For workers, labor law coverage ensures that they have access to essential benefits and protections. In the event of a work-related injury or illness, workers’ compensation provides medical expenses, rehabilitation support, and wage replacement during recovery. Labor law coverage also extends to disability benefits, ensuring workers receive adequate compensation if they are unable to work due to a disability resulting from a workplace incident.

Enforcement and Compliance

Enforcement of labor law coverage in New York is taken seriously by regulatory bodies such as the New York State Department of Labor and the Workers’ Compensation Board. Inspections are conducted to ensure that contractors have the required insurance coverage and are complying with safety regulations. Non-compliance can result in penalties, fines, and even the suspension of construction activities. Contractors must prioritize compliance with labor laws to avoid legal and financial consequences.

Conclusion

Understanding labor law coverage is essential for New York contractors to navigate the regulatory landscape and protect their workers’ well-being. By complying with insurance requirements, adhering to safety regulations, and embracing labor law protections, contractors can foster a safe and productive working environment while mitigating legal and financial risks. Prioritizing labor law coverage not only benefits contractors but also upholds the rights and safety of construction workers, promoting a thriving and responsible construction industry in New York.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

Cranes on the construction site surrounded by new real estates. Scenic aerial photo of growing city districts

Introduction:

New York contractors face numerous challenges in their line of work, from project management to client satisfaction. However, one critical area that demands immediate attention is their general liability insurance coverage. In this article, we will explore why New York contractors should take action to enhance their coverage in general liability policies. We will delve into the unique risks they face, the limitations of existing policies, and the potential consequences of inadequate coverage. Finally, we will discuss proactive steps contractors can take to safeguard their businesses.

1. Understanding the Unique Risks Faced by New York Contractors:

New York is known for its bustling construction industry, with contractors involved in projects of various scales and complexities. The nature of these projects exposes contractors to a wide array of risks, including property damage, bodily injury, construction defects, and even lawsuits related to labor disputes or non-compliance with local regulations. Given the high stakes involved, it is imperative that contractors have comprehensive coverage to protect their businesses.

2. Limitations of Existing General Liability Policies:

While general liability policies provide essential coverage, they often fall short when it comes to meeting the specific needs of New York contractors. These policies typically include coverage for bodily injury, property damage, and personal injury claims. However, they may not adequately address risks such as construction defects, errors or omissions, and claims arising from pollution or environmental damage. Contractors need policies that align with the unique challenges they face, or they risk being left vulnerable to significant financial losses.

3. Potential Consequences of Inadequate Coverage:

Contractors who operate without sufficient coverage expose themselves to a host of potential consequences. In the event of property damage or bodily injury claims, inadequate coverage may result in out-of-pocket expenses, litigation costs, and even bankruptcy. Moreover, New York contractors may find themselves in breach of contract if their clients require specific insurance coverage that their existing policies do not provide. This can lead to damaged reputations, loss of business opportunities, and strained professional relationships.

4. Proactive Steps for Contractors:

To protect themselves and their businesses, New York contractors should take action to enhance their coverage in general liability policies. Here are some proactive steps they can consider:

a. Conduct a Thorough Risk Assessment: Contractors should assess the specific risks associated with their projects and seek policies that cover those risks adequately. Engaging with insurance brokers specializing in construction insurance can be beneficial in this process.

b. Seek Additional Coverage: Contractors can explore supplemental insurance options, such as professional liability insurance (errors and omissions), pollution liability insurance, and contractor’s pollution liability insurance. These policies can provide additional protection against risks not covered by general liability policies.

c. Review and Negotiate Policy Language: Contractors should carefully review the terms and conditions of their existing policies. By negotiating policy language, they can ensure that their coverage aligns with their unique needs and project requirements.

d. Maintain Open Communication with Insurers: Establishing a strong relationship with insurers and keeping them informed about project details, risk mitigation measures, and any changes in operations can help ensure that contractors receive the most suitable coverage.

e. Stay Updated with Regulatory Changes: Contractors must remain abreast of evolving local and state regulations that may impact their insurance requirements. Compliance with these regulations is crucial to maintaining adequate coverage and minimizing legal risks.

Conclusion:

New York contractors cannot afford to overlook the critical issue of general liability insurance coverage. Given the unique risks they face and the limitations of existing policies, taking proactive steps to enhance their coverage is essential. By conducting thorough risk assessments, seeking additional coverage, reviewing policy language, maintaining open communication with insurers, and staying updated with regulatory changes, contractors can better protect their businesses, mitigate financial risks, and build a solid foundation for sustainable growth in the dynamic New York construction industry.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

Construction engineers discussion with designer at construction site or building site of highrise building with blueprints.

Almost all businesses have some risk of being sued or cited for pollution, even the most benign, such as a property owner.

Pollution exposures for many businesses are obvious – like dry cleaners from the chemicals they use, to printing companies from the ink they use. And any manufacturer would face some type of pollution exposure as well, in addition to warehouse operators and contractors

Think you’re not exposed? Say you own a business property, even an office building for example, you could have pollution exposure such as:

• The existence of lead (paint and pipes) or asbestos.

• Releases of pollutants by tenants from improper or inadequate storage or disposal of lubricant oils, primer or lab waste material.

• Inadequate containment in loading areas that could lead to the release of pollutants.

However, as the risks have grown for pollution liability, most commercial general liability policies now exclude pollution coverage. It’s something to be aware of for most any business, particularly as the list of what is considered to be a pollutant has grown dramatically.

The exclusion

The easiest way to think of a pollution exclusion is that it can apply to a contaminant. Virtually every commercial general liability policy includes a pollution exclusion.

These policies used to cover pollution but as the risk for being sued for pollution has grown, so then has the exclusion.

The standard policy has two pollution liability coverage forms. It also has a special form for underground storage tanks.

The current version of the Insurance Services Office (ISO) commercial general liability form has pollution coverage narrowed down to a few covered occurrences, typically including:

• Certain off-premises exposures

• Certain product-completed operations

• Smoke, fumes, soot, vapors from your heating equipment or from a fire in your building

• Gas or fumes from materials you bring into a work site.

The broad definition of pollution

Consider these examples:

• A food company in Wisconsin recalled a batch of listeria bacteria-contaminated sandwiches and filed a product recall claim with its insurer. However, the insurer denied coverage based on the policy’s pollution exclusion. The court sided with the insurer, concluding that bacteria were an excluded ISO form pollutant.

• A hospital in California was sued after an outbreak of legionnaire’s disease was traced back to a drinking fountain in the hospital lobby. The insurer rejected coverage for the lawsuits, citing a fungus and bacteria exclusion in their general liability policies.

The solution

What are the solution options when it comes to the pollution insurance question? You can have a specific commercial liability form or a separate pollution liability policy.

Pollution liability insurance is designed to address claims and suits involving pollution losses in which it is alleged that the insured is responsible, as well as property losses related to pollution on owned or occupied property.

Typically a pollution liability policy covers three risks:

Premises pollution liability — Covers first-party claims associated with pollution on the premises of the insured. (Example: It is discovered that instead of clean soil, contaminated soil was used to fill a space formerly occupied by an underground storage tank that leaked. The cost of remediation would be covered.)
It would also cover third-party claims associated with the pollution (like when a person falls sick due to the pollution).

Contractors pollution liability — Covers bodily injury, property damage and remediation costs for which a contractor who causes pollution is liable.

Errors and omissions liability — Covers losses that result from wrongful acts performed in conducting professional services, such as a soil engineer erroneously rendering an opinion that there is no soil pollution, when in fact, there is.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

Text risk factors from wooden blocks with stethoscope. Medicine and healthcare concept

Chances are, you are like the majority of individuals who have reached middle age. The primary concerns in your life are paying your monthly bills, making sure your children receive a good education, as well as the all-important goal of saving some money every month for retirement.

As well you need to plan for the unexpected. Your plans can be destroyed by a serious accident or illness.

You may have heard about long-term care insurance, but you probably dismissed it with questions such as “What is it?” or “Who needs it?”.

The answer is that you do, and so does everyone else. You may reply that you already have health insurance, but most health insurance does not cover what are known as custodial expenses. These expenses arise from custodial care, which is defined as the care needed as a result of the inability to carry out tasks relating to the following daily activities:

• Bathing,

• Dressing,

• Eating,

• Continence,

• Toileting and

• Transferring.

As people age, many of them find these basic tasks harder and harder to do without some form of help. The need for this type of care necessitates having long-term care insurance, which can provide the monies necessary in order to hire and maintain the proper care needed.

This is made even more necessary by the fact that people are living much longer, sometimes twenty or thirty years longer past retirement. Oddly, the fondest wish of these people is to remain independent. They can do so if they obtain long-term care insurance.

When is the right time?

The best time to purchase long-term care insurance this is when someone is in their mid-forties, because that time of life is when insurance companies offer the lowest rates and premiums for their policies.

Children can also purchase it for their aging parents. If they do not, there are two options left if something goes wrong, both of which are very unattractive. They either have to pay for the cost of their own income, or their parents have to pay for it out of their assets.

When you take into consideration the fact that this care routinely costs $90,000 and up annually, this is a tremendous burden to take on for either the children or the parents.

Statistical research reveals that the average retired couple exhausts their savings in a matter of months when paying for care themselves. Even wealthy retirees find their money severely shrunk, which lives little for their children or grandchildren.

Long-term care insurance from a reputable and trustworthy insurance company can help retirees receive the care they need at a price they can afford both now and twenty or thirty years from now.

Buyers must exercise the virtue of prudence when choosing a policy; each one comes with a set of circumstances and options to consider. We can help you review the different policies so that you can make the right choice for your life circumstances.

After taking care of this, you can enjoy the peace of mind that comes with a long-term care policy.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

Doctor hand touching LONG – TERM CARE sign on virtual screen

Many of us understand the need for protection against the financial consequences of unexpected illness and death. But what about the financial impacts of living a long life?

Americans are living longer into retirement than ever before. That means retirement savings need to last longer, too — and withstand significant stock market and inflation risk.

Consider:

• A 65-year-old man has a 41% chance of living to age 85 and a 20% chance of living to age 90. A 65-year-old woman has a 53% chance of living to age 85 and a 32% chance of living to age 90, according to the Society of Actuaries.

• If they are married, then there is a 72% chance that one of them will live to age 85 and a 45% chance that one will live to age 90.

Securing a guaranteed income for life

Most seniors are interested in securing a lifetime income that they can never outlive, regardless of economic conditions, and regardless of how long they may live into retirement. And indeed, doing so is very easy, using the most straightforward of products — the lifetime income annuity.

How annuities work

An annuity is simply a contract. You pay an insurance company a sum of money – the premium. In return, the insurance company promises in writing to provide a stream of income for a set period of time, or for as long as you live — you choose.

You can also select a joint and survivor annuity, which means the insurance company will pay a specific income for as long as either you or your spouse, or other designated individual live. This means your income will last as long as either of you survives – guaranteed, in writing.

Some mutual funds and some bonds or bond portfolios are also designed to kick off an income. But none of these products does so on a guaranteed basis, regardless of market conditions. Only annuities protect you in writing against stock market declines or big swings in interest rates that can affect bond portfolios.

Lifetime income annuities

While more complex forms of annuities opt for a number of additional promises and guarantees, the simplest, most straightforward annuity variant is the lifetime income annuity. These provide the maximum monthly income for a given amount of premium. But you can elect other options, as well. For example:

• Inflation protection — A guarantee that your payments will increase with the cost of living over time.

• Joint life annuities — Payments that last until the second annuitant dies.

• Death benefits — If you die before you receive the amount of premium you contributed to the annuity contract in income payments, the insurance company will forward the difference to your heirs.

Who should consider a lifetime income annuity?

Consider a lifetime income annuity if you meet these criteria:

• You are concerned that systematic withdrawals from an investment portfolio may result in you running out of money during your lifetime, or the lifetime of a spouse or partner.

• You are in unusually good health for your age.

• Your parents and grandparents lived well into old age.

• You want to guarantee more lifetime income than you will receive from Social Security or a pension.

• You want to pass on a stream of income to a loved one – some people name grandchildren as joint annuitants – resulting in a check every month to a child or grandchild for as long as they live, long after you are gone.

If you have health problems or otherwise expect you may die earlier than the average person your age, a lifetime income annuity may not be the best option for you.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

LIFE INSURANCE text written in a notepad near a cup coffee, eyeglasses and pen on a wooden background. Business concept. Flat lay

Confused about your Medicare supplement options? You aren’t alone. As you reach the age of 65, you have a lot of decisions to make.

Most people understand that standard Medicare Part A coverage, or Part A and Part B, by themselves, offer a pretty skeletal medical benefit. Deductibles are significant, and without some additional protection in place, a medical problem can still pose a serious financial hardship for many seniors.

This is where Medigap comes in: Medigap helps fill the holes in standard, basic Medicare coverage, and reduce financial risk to seniors that may arise from illnesses and injuries.

While there is a lot of information to go through, because there are many options to choose from, the decision doesn’t have to be overwhelming. Here are some things to keep in mind to guide you as you navigate through your choices:

Medigap vs. Medicare Advantage

First understand the difference between Medigap coverage and Medicare Advantage. Medigap is a series of standardized, optional coverages which are stacked on top of your Medicare Part A and Part B benefits — and sometimes Part D.

Medicare Advantage — also called Medicare Part C -—is a way to access your Medicare benefits via a managed care plan. While you will still get your basic Medicare Part A and Part B coverage, provided you don’t opt out of Part B, Medicare Advantage plans vary from company to company, and plans may only be available in certain regions.

Medigap coverage is available anywhere in the country.

Whether you select a Medigap plan or a Medicare Advantage plan is your decision to make. There is no one-size-fits-all answer. But you only need one or the other. Whatever you do, you can’t have both.

Structure 

Medigap plans come in basic standard packages that are the same all over the country (except,  in Minnesota, Massachusetts and Wisconsin). The process for determining what Medigap plan best fits your needs is to determine what benefits you are interested in purchasing from this list:

• Part A Coinsurance and hospital costs (up to an additional 365 days after Medicare Part A benefits are exhausted)

• Part B coinsurance and copayment

• Blood (the first 3 pints)

• Part A hospice care coinsurance or copay

• Skilled nursing facility care coinsurance

• Part A deductible

• Part B deductible

• Overseas/foreign travel benefits

• Out-of-pocket limits

• High deductible plan (you must pay covered costs up to a $2,140 deductible before Medigap benefits apply.

From there, we can help you decide which of  the10 standardized Medigap coverage plans best fit your needs and budget. We can also help you compare the best-fit Medigap plan with Medicare Advantage plans available in your area.

At that point, you simply make a decision, and make your first premium payment.

Do I qualify?

There is generally no medical underwriting for Medicare supplement insurance: If you sign up when you are first eligible for Medicare, acceptance is normally guaranteed, regardless of your medical condition, provided you meet other requirements, you are enrolled at least in Medicare Part A and Part B.

For most people, the open enrollment period starts three months before their 65th birthday the month of their birthday and three months after. In subsequent years, you may generally make changes to your plan only during open enrollment periods.

If you miss the open enrollment period, your options will likely be more limited, but you still may be able to sign up for a plan. At that point, they can reject you based on your health and other factors. Call us to inquire about your options.

Other States

If you live in Massachusetts, Minnesota or Wisconsin, click the appropriate state for more information specific to your state, or discuss your specific situation with your agent.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

Papers about types of medicare insurance and a stethoscope.

We Have Programs For:

• Auto Services

• Contractors especially New York

• Limousine Services

• Local & Long Haul Trucker

• Manufacturers

• Moving & Storage Agents

• Restaurants

• We can help any business owner get Workers’ Compensation coverage

Problems We Can Help You Solve:

1. Unhappy with your company’s rates?

2. Want to work with one very experienced person who always answers their phone and texts and emails back within minutes of hearing from you?  See for yourself.  Call Gary Wallach 914-806-5853 and ask him anything anytime.  Doesn’t matter if you are a client.  Gary will talk to you whenever you need help.

3. Operating in multiple states but your company only can cover you in your home state?  This can happen with state and assigned risk plans.

4. Interested in a pay-as-you-go program that only costs $200 to start coverage?

5. Sick of invasive annual audits.  Want to get away from them as much as possible?

6. Workers’ Compensation thru a payroll company that charges a lot of different fees?

7. Takes forever to get needed DOB or DOT C105.2’s ?

8. Agent charges you $25 to $50 for certificates?

9. High Experience Modification Factor (EMR) causing difficulty getting work?

10. Being cancelled due to poor loss experience?

11. Being non-renewed because your company no longer insures your type of business?

12. Payrolls not being properly classified?

13. Poor service from your insurance company or agent?

14. Takes hours or days to get certificates of insurance?

15. Paying a 10% service fee or $500 to $5,000 policy fee?

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

California employers cannot be held liable for the spread of COVID-19 cases by employees who contracted the disease on the job and spread it in their household, the California Supreme Court held on July 6.

In its unanimous decision, the court said that saddling employers with the duty of care beyond the workplace would impose a significant burden on California businesses, the court system and “the community at large.”

The decision should put employers at ease, since during oral arguments the justices raised concerns about an “avalanche” of lawsuits should employers be held liable for these so-called “take-home” COVID cases.

The case

The case of Corby Kuciemba, et al. vs. Victory Woodworks, Inc., involved an employee who contracted COVID-19 in the workplace and spread it to his wife, who was later hospitalized and at one point put on a ventilator to keep her alive.

The couple sued Victory Woodworks for negligence, premises liability and public nuisance. The federal court hearing the case sided with the employer, and the plaintiffs appealed the case to the Ninth Circuit Court of Appeals.

The Ninth Circuit, however, asked the California Supreme Court last year to determine if employers do have such a duty under state law.

In its ruling, the high court noted that courts in other states — namely Maryland, Wisconsin and Illinois — have sided with employers in similar cases.

The takeaway

While we are no longer in a pandemic, if the court had ruled that employers have a duty to protect non-employees from transmission, legal watchers say that it would have spurred people sickened in the early days of the pandemic to file suit.

Robert Dunn, a lawyer for the US Chamber of Commerce, told the court during oral arguments that if this case were allowed to proceed, it could apply more broadly to other contagious diseases, including the flu, from which thousands of Americans die every year.

The unanimous decision applies to similar cases that are currently pending and any prospective lawsuits that can still be filed under the two-year statute of limitations for negligence cases.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

End of covid-19 epidemic concept erased with eraser

Employers Not Liable for COVID Cases

Cancer and other serious illnesses can be a severe financial hardship. Even with insurance and Medicaid, cancer treatment and recovery can involve significant out-of-pocket costs.

One study found that nearly half of cancer patients skipped or delayed treatments because of the costs. And a recent Duke University study found that a third of cancer patients with insurance found they were paying higher out-of-pocket costs than anticipated, consuming up to a third of their income and resulting in “high” or “overwhelming” financial stress.

A study presented at the 2014 “Palliative Care in Oncology Symposium” found 37% of cancer survivors reported modifying work plans or delaying retirement because of treatment costs. Also, 27% reported serious financial problems like debt or bankruptcy following a cancer diagnosis.

An up-front, lump-sum cash benefit

Cancer insurance pays an up-front, lump-sum benefit directly to you if you are diagnosed with a covered form of cancer. Unlike most health insurance benefits, the benefit doesn’t go to care providers or anyone else, unless you choose to assign a portion of the benefit to them.

Many of the real costs of a cancer diagnosis aren’t covered by medical insurance or Medicare. For example, you may want to use a doctor or hospital that is not part of your medical plan’s network. A cancer insurance policy can help you seek the best care providers in the country, and not be limited to what your insurance company is willing to cover.

Hidden costs

Cancer patients routinely face thousands of dollars in out-of-pocket expenses, even with health insurance. These include:

• Time off work while you focus on treatment and recovery

• Time off work for caregivers and loved ones

• Deductibles, co-insurance and copays

• Assisted living and long-term care facility costs

• Chemotherapy and radiation

• Prescription drugs

• In-home health services

• Housekeeping assistance

• Child care assistance

• Transportation, meals and lodging while away from home seeking treatment

• Cost of paying a family member to assist with care and recovery

• Experimental treatment.

Disability insurance and cancer

A short-term or long-term disability insurance policy can help offset a portion of lost income if you have to take time off work, but generally, disability insurance policies only replace about half of the income lost, and that’s only after an exclusion period.  Furthermore, disability insurance is normally only designed to replace lost income. A cancer insurance policy pays an up-front, lump-sum benefit on diagnosis. This puts the money in your pocket when you need it most.

Long-term care insurance

Long-term care insurance may pay a benefit, but only after an exclusionary period that could be as long as three to six months, and then only in extremely limited circumstances: The loss of your ability to perform at least two of six basic activities of daily living for six months or longer.

Cancer insurance, or a broader type of policy called critical illness insurance, is an affordable way to fill a significant gap in many people’s insurance protection.

Portability

Privately purchased cancer insurance policies are portable. That is, you can still keep the policy even if you leave your job. This is not necessarily true of workplace group insurance plans.

Considerations

Cancer insurance may be a good fit if you can afford the premiums, you have a family history of cancer, you are underinsured, or your medical insurance plan has a narrow care provider network or requires significant copays and co-insurance, or does not cover prescription drugs.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

BGES Group, located in Larchmont, N.Y. are New York Construction Insurance Specialists that represent 50+ companies and all the BEST general & umbrella liability programs!  We offer every coverage you need including property, builders risk, inland marine, general liability, umbrella liability, auto, bid & performance bonds, workers’ compensation, N.Y.S. disability and group health.  We are extremely responsive, responsible, trustworthy, fast, minimize your insurance headaches, we don’t charge ridiculous policy or service fees and when you call, text or email, whatever time of day, even weekends, we are ARE THERE to help YOU!

BGES Group are Workers’ Compensation Insurance Specialists for Tri-State Business Owners: Unhappy with your rates, company, being cancelled, losses causing difficulty getting coverage, in the middle of an audit dispute, payrolls misclassified, whatever your issue, we can help!  We have special programs for: Auto Service, Contractors (especially New York), Limousine Services, Logistic Companies, Manufacturers, Recyclers, Truckers, we can help ANY tri-state business owner.  We are considered “Preferred Agents” for this one program that if we can get you in, their pricing is excellent, offers long-term coverage stability and can cover multi-state operations. Program takes the hassle out of doing annual audits too.

In addition, we offer all personal insurance coverages including home, auto, boat, jewelry, fine arts, life, disability, health and long-term care.  When was the last time you got a complete check up for all your coverage needs?   We are extremely caring and would love the chance to help you with your personal insurance needs.

BGES Group is an insurance agency whose owner is very responsible, responsive, offers boutique, very personal service and is ALWAYS there when you need him most!

We know reading an article we post or getting an email is not the best way to consider working with someone.  If you are interested, go read our “Google Reviews” and see what people have to say about us!  That can give you the comfort level needed to contact us.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2023 – BGES Group

Self-portrait of a woman with cancer and her children. She is wearing a pink headscarf.