Do you really want to tell your your employee who gets sick and will be out for weeks/months they will only receive $170 a week from the company disability carrier?  You no longer have to!

About N.Y.S. Disability

New York is one of a handful of states that require employers to provide disability benefits coverage to employees for an off-the-job injury or illness.

Disability benefits are temporary cash benefits paid to an eligible wage earner, when he/she is disabled by an off the job injury or illness (i.e. pregnancy, cancer or an accident that causes person to be out of work for weeks). The Disability Benefits Law provides weekly cash benefits to replace, in part, wages lost due to injuries or illnesses that do not arise out of or in the course of employment. Disability benefits are also paid to an unemployed worker to replace unemployment insurance benefits lost because of illness or injury.

Cash benefits are 50 percent of a claimant’s average weekly wage, but under MOST employer plans, no more than $170 a week.

Benefits are paid for a maximum of 26 weeks of disability during 52 consecutive weeks. There is a 7-day waiting period for which no benefits are paid. Benefit rights begin on the eighth consecutive day of disability.

Questions:

1. Can your employees live on just $170 a week?

2. Would you morally feel obligated to supplement their payment?

3. How long would you continue their payment?

4. How much would you supplement their payment?

5. How about if one of your employees is a relative?  What will you do about their pay?

Why place yourself and employees in this predicament?   Our company can offer weekly payments up to $850.

Example of Weekly Benefit Limits Offered:

50% To $170

50% To $195

50% To $200

50% To $225

50% To $255

50% To $340

50% To $425

50% To $510

50% To $680

50% To $850

Do you really want to have to tell one of your employees just diagnosed with cancer that while out of work they will only get paid $170 a week up to 26 weeks?  How about a female worker going out on maternity leave? For a nominal cost (compared to what you pay for some other insurance policies) you can protect everyone up to $850 a week!

To obtain better protection, within just a few minutes, hassle free, contact Gary Wallach at 914-806-5853 or click here to email us.

BGES Group’s office is a full service agency offering property, liability, umbrella liability, auto, bid & performance bonds, inland marine, workers’ compensation, N.Y.S. Disability and group health insurance coverages.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;   9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 40 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.

New Jersey and Connecticut Contractors:  We have an extremely competitively priced General /Excess Liability program.  You want to lower these costs, get a quote today!  Call Gary Wallach at 914-806-5853 or click here.

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.

http://www.bgesgroup.com or http://www.workerscomp.store

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

e-mail: bgesgroup@gmail.com

If employees are hurt on the job, workers’ compensation coverage will protect them. This coverage pays for lost wages, medical bills and any other related expenses workers incur while recovering. Since the number of scams with this type of insurance are very small, it is safe to assume that the majority of employees are honest about getting hurt. Another incentive for this is the requirement that a doctor must provide an assessment. If an employee were not really hurt, a doctor may be able to identify a false claim. However, some scam artists slip through the cracks, and the damage they cause is substantial enough that it costs billions of dollars every year. In addition to this, some employers skip paying premiums. Both offenses are considered workers’ comp fraud.

Although the scam rate is lower for workers’ comp than it is in other areas of insurance, the perpetrators are causing premiums to increase for everyone. This is costly for honest workers and businesses alike. When dishonest employees make bogus claims about injuries, their motives vary. One of the most common motives is free money. In most cases, the workers claiming to be injured have other jobs or secret businesses they use for additional income. Another motive is free vacation time. Many workers want to collect money and have time off to enjoy traveling, hobbies or other activities.

How Bogus Claims Work

There are several different ways workers can make claims and get away with their lies. The following paragraphs outline some of the most popular methods they use.

Exaggerated Injuries

If a worker is using this method, he or she will have a very minor injury. It may be a slight pain in the back, wrist or any other location. However, he or she will embellish the injury’s severity enough to take time off of work. After taking time off, the worker will usually claim that it is taking a long time to recover in order to collect more money.

Off-Site Injuries

People who get hurt while they are off the job may wait until they return to work to file a claim. They may fake an incident that would result in the same injury they sustained while away from work.

Fake Injuries

In some cases, workers may fabricate the details of a nonexistent injury. Some of the most popular scams involve soft-tissue damage. Back and neck problems are common claims. Since some of these are hard to disprove, employers may have to pick up the tab for a such a worker’s dishonesty.

While these are the most common methods used, some workers may use an old injury or malingering to gain money. With old injuries, workers pretend the damage is new in order to get out of work or to get paid for treating injuries they may not be able to afford to treat otherwise. Malingering is abusing the system by staying home longer than necessary.

Stolen Premiums

In some cases, workers’ comp fraud is committed by business owners who reduce the premiums they owe. Such premium scams may be hard to detect. If businesses use this method, they often hide their swindles behind covers, tax records, dummy companies or fake accounting records. Although the number of bogus claims made each year exceeds the number of premium scams, the scams have a much larger financial impact. One scam alone can cost hundreds of thousands of dollars. If a scam lasts for several years, the total may reach into the millions.

Whether businesses are avoiding paying premiums, lying about the number of workers on the payroll or lying about workplace safety, workers comp fraud is a serious offense. Lying claimants and crooked doctors also face serious consequences if they are caught. Employers can fight back by being insured properly, making the workplace safer and making the environment at work a happy place for employees. To learn more about this type of fraud and how to prevent it, discuss concerns with Gary Wallach 914-806-5853.

Unhappy with your coverage or rates?  Better Pricing – We have access to all THE BEST companies.  We have purchasing leverage (we do in excess of $140 million in construction business.)  Construction insurance is our #1 expertise.  You can only better your situation.

Please note for Worker’s Compensation we have a program that offers GREAT rates and PROVIDES THE RIGHT PROTECTION while operating out of state.  Most New York contractors are insured with a company that when they operate out of state, if an accident occurs and claim is filed out of state, they WILL NOT be covered.  Can you afford to pay $50,000, $100,000+ and deal with your employees attorney for years?  Get a quote from us today!  Call 914-806-5853.

General Liability:                                                                                                             

1. Is your policy preventing you from getting work?

2. Does your policy have the following exclusions

   1. Contractual Liability

   2. Labor Law

   3. Employee Injury

   4. Height Limitation

   5. Type of work you are allowed to do

   6. No coverage for subcontractors unless they carry $2 million or more in liability insurance; carry contractual, primary/non contributory; additional insured; workers comp; list goes on

   7. Residential type work i.e Working in condominiums; conversions, etc. Other exclusions

3. Do you have anyone screening your subcontractor insurance policies to make sure they’re carrying proper insurance and NOT voiding coverage under your policy?

4. Is your policy based on gross sales which you feel is not fair because a big part of sales are materials?

5. Aware of the exclusions under your Commercial Umbrella Liability Policy?  What coverage is afforded subcontractors?  Is there a height limitation?  Type of work limitations?   Residential exclusions?  Commercial work exclusions?  Exterior work exclusions (if you do interior work but use subs that do exterior, do you have coverage?)

6. Because of the coverage limitations, exclusions, audits, rating structures, it is important that you work with a Construction insurance expert.  Most agents are generalists, NOT experts.  Do you feel that way about your broker and agency?

Workers Compensation:  

1. Unhappy with your pricing?

2. Is your company auditors difficult to deal with?  Are you being charged the proper rates or is your company throwing all payrolls into the highest rated class codes?  Is your company adjusting your current year policy payrolls to reflect uninsured subcontractors picked up on last audit?  Is your company creating fictitious payrolls because your sales are too high?

3. Are you N.Y. contractor operating in N.J. or C.T. for weeks at a time?  If so, there’s a 50% – 75% chance you DO NOT have the right coverage.  Can you afford paying an uncovered back injury claim for $100,000?

4. Getting hit with large amounts due at audit time?

5. When a claim is questionable (person comes to work and within days gets injured) does your company investigate or just set up a large reserve?  Note this affects your Experience Modification Factor and pricing.

6. When you have a problem can you get someone on the phone? When you have an audit problem do they help you?  Does your agency charge you up to a 10% service or policy fee?   Do you work with an agent that fights for you and deals with all the hassles insurance causes you?

Here’s What We Can Offer You:  

1. The ability to get your account marketed to THE BEST construction insurance programs for New York contractors (we also cover New Jersey and Connecticut.)

2. Unlike other agencies that sell policies with Labor Law, employee injury, no contractual liability, they do not even know or understand the exclusions in the policies they are selling, we do not offer such policies.  We offer quality coverage at best pricing.

3. You will be able to get all coverages including property, inland marine, general liability, umbrella liability, business auto, workers compensation, N.Y.S. disability, bid & performance bonds, subcontractor screening, personal insurance and group health insurance through one agency.

4. We have a team set up to do your certificates.  Certificate issuance turnaround is FAST.

5. Better Pricing – We have access to all the right companies.  We have purchasing   leverage (we do in excess of $140 million in construction business.)  Construction insurance is our #1 expertise.  You can only better your situation.

6. Personalized service – You will have the names, phone numbers and email addresses of our team assigned to service your account.  You will also be able to contact your broker within seconds day or evening, Monday thru Sunday.

About BGES:

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

BGES Group’s office is a full service agency offering funding, property, liability, umbrella liability, auto, bid & performance bonds, inland marine, worker’s compensation, New York State Disability and health insurance coverages too.

BGES Group are worker’s compensation specialists (NY, NJ, CT) insuring contractors, limousine services, auto services, local truckers, manufacturers and staffing agencies (Note: we can insure any business).  Workers Compensation issues we address:  1) Lowering rates – our specialty programs have been able to save businesses up to 40%; 2) Being non renewed?  3) Audit disputes; 4) Lowering high experience modifications factors; 5) Misclassification of payrolls; 6) Lowering or eliminating renewal deposits; 7) Getting coverage when you’ve been without for a few months; 8) Covering multiple states under one policy; 9) Eliminating 10% service or policy fees; 10) Timely issuance of certificates; 11) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.

ALERT NEW JERSEY  & CONNECTICUT CONTRACTORS:  We have an extremely competitively priced General /Excess Liability program.  You want to lower these costs, get a quote today!  Call Gary Wallach at 914-806-5853 or click here.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

http://www.bgesgroup.com or http://www.workerscomp.store

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

e-mail: bgesgroup@gmail.com

(C) – Copyright – BGES Group

Cyber attacks on companies’ information systems and data have reached unprecedented proportions, and are growing with each passing year.

The biggest threat to an organization is if there’s been a breach of personally identifiable data or credit card information that it stores. That results in a number of costs, including notification costs, providing those whose data was compromised with credit monitoring, potential fines, legal costs if sued – and even reputational costs. If data is stolen, there are also restoration costs.

The threat is largest for smaller organizations. Because larger companies can afford to hire teams of technicians to thwart attacks, cyber criminals are increasingly targeting small and mid-sized organizations as they may not have the same resources to defend their data. The “2019 Internet Security Threat Report” by Symantec found that:

• 48% of cyber attacks target small business.

• Just 14% of small businesses rate their ability to mitigate cyber risks, vulnerabilities and attacks as highly effective.

• 60% of small companies go out of business within six months of a cyber attack.

Ransomware

According to the Symantec report, in 2018, enterprises accounted for 81% of all ransomware infections. While overall ransomware infections were down, enterprise infections were up by 12% from the 2017 level.

With ransomware, hackers gain access to your IT system, lock it down and demand a ransom to release it. The ransom usually has to be paid in bitcoin or other cryptocurrency so that the criminals can avoid detection.

Phishing and malware

One of the most common ways for criminals to compromise an organization’s data is through phishing, a process through which employees are sent e-mails with links, which if they are clicked, gives the hackers entry into the company’s computer systems. Malware is usually the code that is inserted into the computer system to either slow systems down or to access the information.

What you can do

• Install anti-malware software – This can weed out the latest malware before it does damage.

• Keep your software up to date – Using up-to-date versions of operating systems, applications, firmware and browser plug-ins helps protect against the latest threats by patching security vulnerabilities.

• Use strong passwords – Use a password manager tool to generate unique passwords and securely store your log-ins.

• Lock down your devices – If your staff uses company-owned devices, or you allow them to use their own, require that the devices are locked with a password, fingerprint or other method.

• Think twice before downloading – Remind staff to be cautious about downloading new software or browser plug-ins.

• Click carefully – Teach your staff to look for telltale signs of phishing e-mails that prompt them to click on malicious links.

The ultimate protection

Cyber-liability insurance covers losses that result from data breaches and other cyber events.

While cyber-liability policies vary among insurers, there are some common threads:

Loss or damage to data – Many policies cover the costs to restore or recover lost, stolen or corrupted data, and may also cover the cost of outside experts or consultants you hire to preserve or reconstruct your data.

Loss of income or extra expenses – Many policies cover income you lose and extra expenses you incur to avoid or minimize a shutdown of your business after your computer system fails due a covered peril. The perils covered may be the same as those covered under damage to electronic data.

Cyber-extortion losses – Cyber-extortion coverage applies when a hacker or a cyber thief breaks into your computer system and demands a ransom to unlock it, or to not damage the data. Extortion coverage typically applies to expenses you incur (with the insurer’s consent) to respond to an extortion demand, as well as the money you pay the extortionist.

Notification costs – Policies may cover the cost of notifying parties affected by the data breach by government statutes or regulations. They may also include the cost of hiring an attorney to assess your firm’s obligations under applicable laws and regulations.

Network security liability – This covers lawsuits that individuals or companies file against your organization alleging negligence on your part for failing to adequately protect data belonging to customers, clients, employees or other parties.

Employers must buy insurance to cover workers’ compensation claims. This type of insurance provides funding for injured employees, and employers also receive protection from lawsuits stemming from a worker’s injuries. State laws govern workers’ compensation, and every state has a slightly different set of rules and payment rates. To learn about a specific state’s workers’ compensation laws, it is best to contact an agent for more details. The United States Department of Labor also provides information on its official site.

What Is Covered Under Workers’ Compensation

Only work-related illnesses and injuries are covered by workers’ compensation. However, this does not mean the injury has to happen in the workplace. If an employee is injured while out driving a company car off the premises of the workplace, the injuries will be covered. Both sudden and gradual injuries are covered if they are work related. An example of a sudden injury is an employee falling off of a ladder, and a gradual injury might be a foot condition that develops from walking or standing on a concrete floor every day for several years.

What Workers’ Compensation Does Not Cover

Some problems that happen in the workplace are not covered. Some of the following situations are examples:

– Self-inflicted injuries
– Injuries from drug or alcohol use
– Injuries resulting from horseplay
– Injuries following termination or a layoff
– Injuries sustained from fighting
– Felony-related injuries
– Independent contractor injuries
– Injuries sustained while off duty but on workplace premises

If You’re a New York, New Jersey or Connecticut Contractor Watch for These Five (5) Problems

1. Do you have employees working out of state weeks at a time?  Are you insured through a state plan?  If so, there’s a good chance you WILL NOT have coverage for a claim that occurs out of state that is filed in that state.

Example: You are a New York contractor who takes a job in New Jersey.  Job will last 5 weeks.  You have coverage through state plan.  Employee sustains a back injury.  He hires an attorney and files claim under New Jersey workers compensation laws.  Most likely, your plan will decline claim.  Can you afford paying $50,000, $100,000 out of pocket?  Do you want to deal with his attorney for years and the financial drain it will cause?

Note: Many New York contractors who work out of state have this problem but do not realize it.  Some do, take out a N.J. workers comp policy, but audits become a problem.  There is a MUCH better way–>

Solution: We have a Worker’s Compensation program that will cover you while working in New York, New Jersey, Connecticut and most other states.  It provides “THE RIGHT” protection.

2. You are a general contractor that does carpentry (19%), masonry (25%), painting (13%), drywall (11%) and tiling (8%).  You do not keep detailed records as to work employees perform daily.  When your workers comp insurance company does their audit they take all payrolls and assign to highest rated class code, masonry (25%).  You end up paying thousands more than you have to.

Solution: We have a Worker’s Compensation program that will allow you to separate payrolls by class codes so you do not overpay.

3. At audit is your company charging you for vendors claiming they are uninsured subs?  Are you also being charged for uninsured subs that have coverage?  Are charges being made for audited policy period and renewal policy term making it impossible to pay?

Solution: We have a Worker’s Compensation program whose auditors are flexible, agreeable, accommodating.  We also will help you collect certificates of insurance from subs so at audit time you do not have these problems.

4. Do you receive audit bills for tens of thousands of dollars?  When business is slow are you still paying the same monthly premium payment?  Do you have to come up with a 10% – 25% renewal deposit every year?

Solution: We have a Worker’s Compensation program that eliminates all of the above issues.

5. At audit time if your receipts are high compared to your payroll does your insurance company create fictitious payroll?   Do you end up getting audit bills that are impossible to pay so policy cancels for non pay?

Solution: We have a Worker’s Compensation program whose auditors are reasonable, flexible, you can talk to, who you can reach by phone and email.  You will always be able to reach someone and get help.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

About BGES:

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

BGES Group’s office is a full service agency offering funding, property, liability, umbrella liability, auto, bid & performance bonds, inland marine, worker’s compensation, New York State Disability and health insurance coverages too.

BGES Group are worker’s compensation specialists (NY, NJ, CT) insuring contractors, limousine services, auto services, local truckers, manufacturers and staffing agencies (Note: we can insure any business).  Workers Compensation issues we address:  1) Lowering rates – our specialty programs have been able to save businesses up to 40%; 2) Being non renewed?  3) Audit disputes; 4) Lowering high experience modifications factors; 5) Misclassification of payrolls; 6) Lowering or eliminating renewal deposits; 7) Getting coverage when you’ve been without for a few months; 8) Covering multiple states under one policy; 9) Eliminating 10% service or policy fees; 10) Timely issuance of certificates; 11) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.

ALERT NEW JERSEY  & CONNECTICUT CONTRACTORS:  We have an extremely competitively priced General /Excess Liability program.  You want to lower these costs, get a quote today!  Call Gary Wallach at 914-806-5853 or click here.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

http://www.bgesgroup.com or http://www.workerscomp.store

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

e-mail: bgesgroup@gmail.com

(C) – Copyright – BGES Group

Employers must buy insurance to cover workers’ compensation claims. This type of insurance provides funding for injured employees, and employers also receive protection from lawsuits stemming from a worker’s injuries. State laws govern workers’ compensation, and every state has a slightly different set of rules and payment rates. To learn about a specific state’s workers’ compensation laws, it is best to contact an agent for more details. The United States Department of Labor also provides information on its official site.

What Is Covered Under Workers’ Compensation

Only work-related illnesses and injuries are covered by workers’ compensation. However, this does not mean the injury has to happen in the workplace. If an employee is injured while out driving a company car off the premises of the workplace, the injuries will be covered. Both sudden and gradual injuries are covered if they are work related. An example of a sudden injury is an employee falling off of a ladder, and a gradual injury might be a foot condition that develops from walking or standing on a concrete floor every day for several years.

What Workers’ Compensation Does Not Cover

Some problems that happen in the workplace are not covered. Some of the following situations are examples:

– Self-inflicted injuries
– Injuries from drug or alcohol use
– Injuries resulting from horseplay
– Injuries following termination or a layoff
– Injuries sustained from fighting
– Felony-related injuries
– Independent contractor injuries
– Injuries sustained while off duty but on workplace premises

If You’re a New York, New Jersey or Connecticut Contractor Watch for These Five (5) Problems

1. Do you have employees working out of state weeks at a time?  Are you insured through a state plan?  If so, there’s a good chance you WILL NOT have coverage for a claim that occurs out of state that is filed in that state.

Example: You are a New York contractor who takes a job in New Jersey.  Job will last 5 weeks.  You have coverage through state plan.  Employee sustains a back injury.  He hires an attorney and files claim under New Jersey workers compensation laws.  Most likely, your plan will decline claim.  Can you afford paying $50,000, $100,000 out of pocket?  Do you want to deal with his attorney for years and the financial drain it will cause?

Note: Many New York contractors who work out of state are faced with this problem and do not even realize it.

Solution: We have a Worker’s Compensation program that will cover you while working in New York, New Jersey, Connecticut and most other states.  It provides “THE RIGHT” protection.

2. You are a general contractor that does carpentry (19%), masonry (25%), painting (13%), drywall (11%) and tiling (8%).  You do not keep detailed records as to work employees perform daily.  When your workers comp insurance company does their audit they take all payrolls and assign to highest rated class code, masonry (25%).  You end up paying thousands more than you have to.

Solution: We have a Worker’s Compensation program that will allow you to separate payrolls by class codes so you do not overpay.

3. At audit is your company charging you for vendors claiming they are uninsured subs?  Are you also being charged for uninsured subs that have coverage?  Are charges being made for audited policy period and renewal policy term making it impossible to pay?

Solution: We have a Worker’s Compensation program whose auditors are flexible, agreeable, accommodating.  We also will help you collect certificates of insurance from subs so at audit time you do not have these problems.

4. Do you receive audit bills for tens of thousands of dollars?  When business is slow are you still paying the same monthly premium payment?  Do you have to come up with a 10% – 25% renewal deposit every year?

Solution: We have a Worker’s Compensation program that eliminates all of the above issues.

5. At audit time if your receipts are high compared to your payroll does your insurance company create fictitious payroll?   Do you end up getting audit bills that are impossible to pay so policy cancels for non pay?

Solution: We have a Worker’s Compensation program whose auditors are reasonable, flexible, you can talk to, who you can reach by phone and email.  You will always be able to reach someone and get help.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

About BGES:

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

BGES Group’s office is a full service agency offering funding, property, liability, umbrella liability, auto, bid & performance bonds, inland marine, worker’s compensation, New York State Disability and health insurance coverages too.

BGES Group are worker’s compensation specialists (NY, NJ, CT) insuring contractors, limousine services, auto services, local truckers, manufacturers and staffing agencies (Note: we can insure any business).  Workers Compensation issues we address:  1) Lowering rates – our specialty programs have been able to save businesses up to 40%; 2) Being non renewed?  3) Audit disputes; 4) Lowering high experience modifications factors; 5) Misclassification of payrolls; 6) Lowering or eliminating renewal deposits; 7) Getting coverage when you’ve been without for a few months; 8) Covering multiple states under one policy; 9) Eliminating 10% service or policy fees; 10) Timely issuance of certificates; 11) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.

ALERT NEW JERSEY  & CONNECTICUT CONTRACTORS:  We have an extremely competitively priced General /Excess Liability program.  You want to lower these costs, get a quote today!  Call Gary Wallach at 914-806-5853 or click here.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

http://www.bgesgroup.com or http://www.workerscomp.store

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

e-mail: bgesgroup@gmail.com

(C) – Copyright – BGES Group

Employers must buy insurance to cover workers’ compensation claims. This type of insurance provides funding for injured employees, and employers also receive protection from lawsuits stemming from a worker’s injuries. State laws govern workers’ compensation, and every state has a slightly different set of rules and payment rates. To learn about a specific state’s workers’ compensation laws, it is best to contact an agent for more details. The United States Department of Labor also provides information on its official site.

What Is Covered Under Workers’ Compensation

Only work-related illnesses and injuries are covered by workers’ compensation. However, this does not mean the injury has to happen in the workplace. If an employee is injured while out driving a company car off the premises of the workplace, the injuries will be covered. Both sudden and gradual injuries are covered if they are work related. An example of a sudden injury is an employee falling off of a ladder, and a gradual injury might be a foot condition that develops from walking or standing on a concrete floor every day for several years.

What Workers’ Compensation Does Not Cover

Some problems that happen in the workplace are not covered. Some of the following situations are examples:

– Self-inflicted injuries
– Injuries from drug or alcohol use
– Injuries resulting from horseplay
– Injuries following termination or a layoff
– Injuries sustained from fighting
– Felony-related injuries
– Independent contractor injuries
– Injuries sustained while off duty but on workplace premises

When Employees Can Sue Employers

Employers are not protected from employee lawsuits in all situations. When an employee’s injuries are due to the employer’s intentional actions or there is no workers’ compensation insurance, the employee is allowed to sue the employer in court for a wide range of damages. In some cases, employees may also be able to sue third parties that are involved and have caused damages.

Workers’ Compensation Benefits

There are several provisions made possible by workers’ compensation. These include the following:

– Replacement income when employees are off work
– Vocational rehabilitation training or placement assistance
– Medical expense payments for physician appointments, drugs and surgeries

If an employee is unable to work temporarily, that individual usually receives about 66 percent of his or her income as disability payments. There is a fixed ceiling amount for this percentage, and the benefits are available to people who are unable to do the same type of work that was done prior to the disability’s beginning. Some people may be able to perform other types of work, but there are people who are unable to work at all. If this is the case, such a person will usually receive permanent disability payments.

Workers’ Compensation And Employer Responsibilities

Under the workers’ compensation system, employers have several obligations. When requirements are not met, employers may face fines. In addition to this, employees may be able to sue such employers.

Carrying Workers’ Compensation Insurance

If a business does not have this type of coverage, the owner is vulnerable to lawsuits that may be filed by injured workers. In addition to carrying insurance, employers should post notices and provide employees with information about their legal rights. This should be done on a regular basis. Any posted notices should be placed in areas that employees use frequently during working hours. The literature should include the following bits of information:

– The name of the workers’ compensation insurance carrier
– A self-insurance statement for employers who have their own insurance
– The name of the entity responsible for claims adjustments
– A statement that workers have the right to change doctors
– A statement that injured workers have the right to medical treatment
– Details about workers’ compensation benefits

When hiring new workers, employers should notify them of all these points prior to starting work. Within 24 hours of an injury happening on the job, employers must provide workers with claim forms. They must also provide written information again about that worker’s rights under the insurance plan and state laws. To learn more about workers’ compensation insurance and how it works, discuss concerns with an agent.

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

About BGES:

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

BGES Group’s office is a full service agency offering funding, property, liability, umbrella liability, auto, bid & performance bonds, inland marine, worker’s compensation, New York State Disability and health insurance coverages too.

BGES Group are worker’s compensation specialists (NY, NJ, CT) insuring contractors, limousine services, auto services, local truckers, manufacturers and staffing agencies (Note: we can insure any business).  Workers Compensation issues we address:  1) Lowering rates – our specialty programs have been able to save businesses up to 40%; 2) Being non renewed?  3) Audit disputes; 4) Lowering high experience modifications factors; 5) Misclassification of payrolls; 6) Lowering or eliminating renewal deposits; 7) Getting coverage when you’ve been without for a few months; 8) Covering multiple states under one policy; 9) Eliminating 10% service or policy fees; 10) Timely issuance of certificates; 11) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.

ALERT NEW JERSEY  & CONNECTICUT CONTRACTORS:  We have an extremely competitively priced General /Excess Liability program.  You want to lower these costs, get a quote today!  Call Gary Wallach at 914-806-5853 or click here.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

http://www.bgesgroup.com or http://www.workerscomp.store

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

e-mail: bgesgroup@gmail.com

(C) – Copyright – BGES Group

IN THE course of doing business, you may sometimes find yourself entering into contracts requiring that your firm be named as an additional insured on another party’s insurance policies.

This is often done to make sure that your own insurance is not depleted by defense and indemnification costs for losses for which you may be legally liable as a result of the business relationship you have with the other party, but that are not due to your own firm’s direct negligence. 

Definition: An individual or entity that is not automatically included as an insured under the policy of another, but for whom the named insured’s policy provides a certain degree of protection.

When to Be an Additional Insured

There are many times when you may want your firm included as an additional insured on another’s policy. Here are just a few examples:

• If you are a building owner, you want to be an additional insured on the property and general liability insurance of your tenants in case one of them damages your building or in case a visitor to the property is injured.

• If you are the owner or a contractor on a construction project, you want to be an additional insured on the general liability insurance of your contractors and subcontractors in case there is an injury to one of their employees.

• If you are a distributor or a retailer, you may want to be an additional insured on the insurance programs of the manufacturers of the products that you sell.

• If a contractor comes onto your property to perform work of any type, including erecting displays or maintenance or structural work, you will want to be named as an additional insured on their policy in case the display falls on someone, or someone is injured due to the work they are performing. You don’t want to be held responsible for any dangers or injuries created by their work.

If you are to become an additional insured on another company’s policy, confirm that the other party has indeed named your company as such with their insurance company.

You should ask for a copy of the policy that explicitly lists your company as an additional insured. You want to see a copy of the policy and the certificate of insurance, although the latter is not sufficient proof that your company has been added.

Additional insured status is effectively conferred through an additional insured endorsement to the other party’s original insurance policy.

An endorsement serves as an amendment to the terms of the policy that is incorporated into the relevant insurance policy. These amendments can take the form of an endorsement that specifically names a particular additional insured, or a general endorsement that identifies some class of parties as additional insureds.

If there is a dispute about your company’s status as an additional insured, you will want to have in hand not only the other party’s certificate of insurance, but also a copy of the policy itself and the endorsement that makes your company an additional insured.

There are a few best practices that you can implement to help make certain your firm’s status as an additional insured has been properly secured:

• At a minimum, always insist on receiving a copy of the relevant additional insured endorsement, as this is the instrument that establishes additional insured status;

• An additional insured endorsement does not, however, state an insurance policy’s terms and conditions. In order to avoid being surprised by unexpected policy terms (such as strict notice requirement or unfavorable notice of cancellation provisions), you should ask for and receive a copy of the entire insurance policy under which you are an additional insured, and be sure to read it;

• Retain additional insured endorsements and the relevant insurance policies for as long as there is any potential that claims triggering those policies might be made.

About BGES:

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

BGES Group’s office is a full service agency offering funding, property, liability, umbrella liability, auto, bid & performance bonds, inland marine, worker’s compensation, New York State Disability and health insurance coverages too.  

BGES Group are worker’s compensation specialists (NY, NJ, CT) insuring contractors, limousine services, auto services, local truckers, manufacturers and staffing agencies (Note: we can insure any business).  Workers Compensation issues we address:  1) Lowering rates – our specialty programs have been able to save businesses up to 40%; 2) Being non renewed?  3) Audit disputes; 4) Lowering high experience modifications factors; 5) Misclassification of payrolls; 6) Lowering or eliminating renewal deposits; 7) Getting coverage when you’ve been without for a few months; 8) Covering multiple states under one policy; 9) Eliminating 10% service or policy fees; 10) Timely issuance of certificates; 11) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.   

ALERT NEW JERSEY  & CONNECTICUT CONTRACTORS:  We have an extremely competitively priced General /Excess Liability program.  You want to lower these costs, get a quote today!  Call Gary Wallach at 914-806-5853 or click here.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

http://www.bgesgroup.com or http://www.workerscomp.store

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

e-mail: bgesgroup@gmail.com

(C) – Copyright – BGES Group

People often think of professional liability insurance as something only doctors and lawyers need. The truth is that anyone in any profession can be sued for making bad decisions.

Standard business general liability insurance policies do not cover liability for professional mistakes. They will not cover errors that cost someone else money without causing bodily injury to them or destroying their property.

Occupations that may not at first blush be considered “professions” may still be at risk of lawsuits for acts they have or have not committed. Here are some examples:

• An ebook publisher issues a collection of short stories. The editor is unaware that one of the stories had been previously published in an online magazine, which still holds the rights to it. The magazine publisher sues the ebook publisher for copyright infringement.

• A developer of customer relationship management software customizes a system for a large client. The system includes several plug-ins, one of which contains a few lines of code that exploit vulnerabilities in the client’s network. The network is hacked, resulting in substantial costs for notifying customers, credit monitoring, and penalties. The client sues the developer.

• Prior to granting a mortgage on a commercial development, a lender asks a property appraiser to determine its value. The purchaser of the property goes bankrupt a year later, and the lender forecloses. The lender learns that the property’s value is well below the figure the appraiser determined; selling the property will not recoup the amount of the mortgage. The lender sues the appraiser for the error.

• A website publishes several photos of a prominent politician in intimate embraces with a person who is not that politician’s spouse. The politician’s friend sues the website for invasion of privacy.

• An interior designer, planning a new wing for a hospital, orders more than $100,000 worth of workstations, chairs, tables and other furniture. The person placing the order makes a typo when entering the tables’ product number. The tables that arrive do not fit the space. The designer must order new ones, resulting in extra expense, a delayed opening for the wing – and a lawsuit.

• Owners hire a contractor to renovate an old building that they plan to use for a new microbrewery. The project’s cost initially stays under the contractor’s estimate. But, the owners find that the capacity of the water filtration system is less than the contractor promised. The system has to be upgraded at an additional cost of $30,000. The owners sue the contractor.

• A loan broker makes several commercial equipment loans on behalf of one finance company. The company finds out that half of the loans did not meet its lending guidelines. Some of them become non-performing, and the lender seeks $300,000 from the broker for the unpaid amounts.

The takeaway

All kinds of businesses can be sued for their mistakes. Even if they acted appropriately, they still must hire lawyers to defend themselves. For these reasons, professional liability insurance, more commonly known as errors and omissions (E&O insurance), can be vital to the survival of their operations.

E&O insurance can cover the cost of defending your company in a civil lawsuit and certain damages awarded, even if the legal action turns out to be groundless.

E&O insurance is required by law in some areas for certain kinds of professional practices, especially medical and legal, where it is more commonly called malpractice insurance. This type of protection is not part of your general liability insurance or homeowner’s insurance.

About BGES:

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

BGES Group’s office is a full service agency offering funding, property, liability, umbrella liability, auto, bid & performance bonds, inland marine, worker’s compensation, New York State Disability and health insurance coverages too.

BGES Group are worker’s compensation specialists (NY, NJ, CT) insuring contractors, limousine services, auto services, local truckers, manufacturers and staffing agencies (Note: we can insure any business).  Workers Compensation issues we address:  1) Lowering rates – our specialty programs have been able to save businesses up to 40%; 2) Being non renewed?  3) Audit disputes; 4) Lowering high experience modifications factors; 5) Misclassification of payrolls; 6) Lowering or eliminating renewal deposits; 7) Getting coverage when you’ve been without for a few months; 8) Covering multiple states under one policy; 9) Eliminating 10% service or policy fees; 10) Timely issuance of certificates; 11) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.

ALERT NEW JERSEY  & CONNECTICUT CONTRACTORS:  We have an extremely competitively priced General /Excess Liability program.  You want to lower these costs, get a quote today!  Call Gary Wallach at 914-806-5853 or click here.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

http://www.bgesgroup.com or http://www.workerscomp.store

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

e-mail: bgesgroup@gmail.com

(C) – Copyright – BGES Group

—>  (Before we get started we offer THE BEST contractor insurance programs for New York contractors.  We have fifty (50) companies to market your account to.  Insuring contractors is our #1 expertise.  We can get you excellent rates, coverage, offer subcontractor insurance screening, can help you with setting up safety manuals, subcontractor insurance and hold harmless agreements, bonding, your personal insurance and group health.)

General Liability:

1. Is your policy preventing you from getting work?

2. Does your policy have the following exclusions

   1. Contractual Liability

   2. Labor Law

   3. Employee Injury

   4. Height Limitation

   5. Type of work you are allowed to do

   6. No coverage for subcontractors unless they carry $2 million or more in liability insurance; carry contractual, primary/non contributory; additional insured; workers comp; list goes on

   7. Residential type work i.e Working in condominiums; conversions, etc. Other exclusions

3. Do you have anyone screening your subcontractor insurance policies to make sure they’re carrying proper insurance and NOT voiding coverage under your policy?

4. Is your policy based on gross sales which you feel is not fair because a big part of sales are materials?

5. Aware of the exclusions under your Commercial Umbrella Liability Policy?  What coverage is afforded subcontractors?  Is there a height limitation?  Type of work limitations?   Residential exclusions?  Commercial work exclusions?  Exterior work exclusions (if you do interior work but use subs that do exterior, do you have coverage?)

6. Because of the coverage limitations, exclusions, audits, rating structures, it is important that you work with a Construction insurance expert.  Most agents are generalists, NOT experts.  Do you feel that way about your broker and agency?

Workers Compensation:

1. Unhappy with your pricing?

2. Is your company auditors difficult to deal with?  Are you being charged the proper rates or is your company throwing all payrolls into the highest rated class codes?  Is your company adjusting your current year policy payrolls to reflect uninsured subcontractors picked up on last audit?  Is your company creating fictitious payrolls because your sales are too high?

3. Are you N.Y. contractor operating in N.J. or C.T. for weeks at a time?  If so, there’s a 50% – 75% chance you DO NOT have the right coverage.  Can you afford paying an uncovered back injury claim for $100,000?

4. Getting hit with large amounts due at audit time?

5. When a claim is questionable (person comes to work and within days he gets injured) does your company investigate or just set up a large reserve?  Note this affects your Experience Modification Factor and pricing.

6. When you have a problem can you get someone on the phone who gets things done to help you?

Here’s What We Can Offer You:

1. The ability to get your account marketed to THE BEST construction insurance programs for New York contractors (we also cover New Jersey and Connecticut.)

2. Unlike other agencies that sell policies with Labor Law, employee injury, no contractual liability, they do not even know or understand the exclusions in the policies they are selling, we do not offer such policies.  We offer quality coverage at best pricing.

3. You will be able to get all coverages including property, inland marine, general liability, umbrella liability, business auto, workers compensation, N.Y.S. disability, bid & performance bonds, subcontractor screening, personal insurance and group health insurance through one agency.

4. We have a team set up to do your certificates.  Certificate issuance turnaround is fast.

5. Better Pricing – We has access to all the right companies.  We have purchasing   leverage (we do in excess of $140 million in construction business.)  Construction insurance is our #1 expertise.  You can only better your situation.

6. Personalized service – You will have the names, phone numbers and email addresses of our team assigned to service your account.  You will also be able to contact your broker within seconds day or evening, Monday thru Sunday.

About BGES:

[embedyt] https://www.youtube.com/watch?v=eWFmjYirlkw[/embedyt]

BGES Group’s office is a full service agency offering funding, property, liability, umbrella liability, auto, bid & performance bonds, inland marine, worker’s compensation, New York State Disability and health insurance coverages too.

BGES Group are worker’s compensation specialists (NY, NJ, CT) insuring contractors, limousine services, auto services, local truckers, manufacturers and staffing agencies (Note: we can insure any business).  Workers Compensation issues we address:  1) Lowering rates – our specialty programs have been able to save businesses up to 40%; 2) Being non renewed?  3) Audit disputes; 4) Lowering high experience modifications factors; 5) Misclassification of payrolls; 6) Lowering or eliminating renewal deposits; 7) Getting coverage when you’ve been without for a few months; 8) Covering multiple states under one policy; 9) Eliminating 10% service or policy fees; 10) Timely issuance of certificates; 11) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50 insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages to.

ALERT NEW JERSEY  & CONNECTICUT CONTRACTORS:  We have an extremely competitively priced General /Excess Liability program.  You want to lower these costs, get a quote today!  Call Gary Wallach at 914-806-5853 or click here.

To Speak With Us Call 914-806-5853, click here to email or click here to visit our website .

http://www.bgesgroup.com or http://www.workerscomp.store

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

e-mail: bgesgroup@gmail.com

(C) – Copyright – BGES Group