• What risks and events does the policy cover?
• What risks and events aren’t included?
Insured events may include death, diagnosis of terminal or critical illness, a requirement for long-term care, permanent or temporary disability, and accidental death. It’s important to find out exactly what is covered before you sign anything, to avoid unpleasant surprises.
• Can I choose anyone I want, or choose multiple people, as the beneficiary of the policy?
Most people will choose their partner as the beneficiary of their policy. However, it’s usually possible to name more than one beneficiary as long as they have an “insurable interest”, meaning they must suffer emotional or financial loss in the event of your death. Therefore, you could choose to name your children as beneficiaries in addition to your partner.
We can help you obtain a Life Insurance policy today. Please check us out at www.scurichinsurance.com
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320 East Lake Avenue, PO Box 1170
Watsonville, CA 95077-1170
Office: 1-831-722-3541
Toll Free: 1-800-320-3666
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Ideally, your earthquake insurance policy should cover the cost to replace or repair your damaged property. Consider this:
•Does the policy cover only your dwelling? Are accessory structures, such as garages, also included?
•Will your policy pay for the contents of your home and for additional living expenses if your home is destroyed or too badly damaged for you to live there before repairs are made?
•Are there any exclusions or limitations to coverage?
•What deductible must you pay before the insurance kicks in?
Earthquake insurance rates are determined differently by each insurance company and can vary widely depending on several factors. Generally, older homes cost more to insure. Wood homes get better rates than brick buildings because wood tends to withstand quake stresses better. The premiums are also based on the nature of the soil and your house’s proximity to recognized fault lines.
Areas are graded on a scale of 1 to 5 for likelihood of quakes, and this is reflected in earthquake insurance rates. Because earthquake insurance is a type of catastrophic coverage, most policies carry a high deductible — anywhere from 2 to 20 percent of the replacement cost of the structure. For instance, if the cost to rebuild your house after a quake is $100,000 and your policy has a 2 percent deductible, you would be responsible for the first $2,000.
For more info on earthquake coverage and Home Insurance, please contact us at 1-800-320-3666.
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Objects falling from above and striking people below have caused serious industrial injuries and account for a number of fatalities every year. Although the exact number of “falling object” injuries is difficult to determine, documents produced in several recent court cases suggest that the practice of “high stacking” materials and supplies poses a serious safety threat to those below.
Provide Adequate Warning – Workers or customers below depend on those working above for their safety. If you’re going to be doing work overhead, warn those in the area either verbally or with signs, ropes or barricades. For those below, it’s their responsibility to be aware of the work being done overhead and observe the warnings and barricades.
Whenever there’s a risk of falling objects at a worksite, an employer is required to provide protection for workers and visitors to the site. Hard hats and safety shoes are examples of personal protection against falling objects.
If you need to be covered for Workers Compensation, contact us today.
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Scurich Insurance Services, is giving away a Amazon Kindle with 3G & Wi-Fi!
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320 East Lake Avenue, PO Box 1170
Watsonville, CA 95077-1170
Office: 1-831-722-3541
Toll Free: 1-800-320-3666
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As the economy begins to grow again, businesses will start to add workers to their payrolls. This is good news for those workers and for the economy, but statistics show that the first year on a new job is also very risky to the workers’ health. The U.S. Bureau of Labor Statistics reported that 41% of work-related injuries occur each year to workers who have been on the job for less than a year. On top of that, younger employees get hurt on the job more often than do their older colleagues. A National Institute for Occupational Safety and Health study showed that workers under age 24 are twice as likely as older workers to have non-fatal workplace accidents. In addition to the pain and suffering these workers endure and the disruption to their lives, employers face increased Workers Compensation costs. Therefore, preventing new employees’ accidents should be a top priority for all employers. There are several things employers can do toward that end.
Review and update job descriptions. If management has not compared job descriptions to the actual work being done recently, this is the time to do it. Work tasks are changing constantly as new tasks take priority, old tasks become less important, and technology changes how workers perform current tasks. Without a clear understanding of how employees are performing their work (or, more importantly, how they should be performing it,) managers will be unable to train new employees effectively or to determine why they are getting hurt and how to keep Workers Compensation claims down.
Conduct training programs that require the employee’s active participation. When people learn how to drive, they do not just watch a video or listen to a lecture about which pedal is the brake and which is the accelerator. They get behind the wheel and actually drive. Safe job performance works the same way. An employee will retain the knowledge far better if he watches a demonstration and then performs the tasks in a safe, controlled environment.
Closely supervise new employees. Interactive training alone will not guarantee safe work performance and help to keep Workers Compensation claims low. Supervisors should pay close attention to new workers during their first days and weeks on the job to make sure that they are using the knowledge gained during training and not falling into bad habits. Pointing out unsafe practices and correcting them quickly should instill good habits and make working safely an automatic part of the employee’s routine. Ideally, the employee should need less supervision the longer he is on the job without injuring himself or others.
Every day in business, competition becomes more fierce; only high-value, low-cost providers of products and services can thrive. A company gains an edge by attracting and retaining excellent workers and by holding down variable costs. Preventing workplace injuries does both. By making the effort to keep all employees, especially new employees, safe, the company will develop a reputation as a good place to work and reduce Workers Compensation costs, adding dollars to the bottom line. Businesses should view workplace injuries as a preventable expense that they do not have to accept.
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