Worker’s compensation has become an essential ingredient in the modern business’s risk reduction program. We can easily appreciate the benefits of worker’s compensation programs, but we understand the challenges small to midsized business can have maintaining their worker’s compensation coverage. When the down payment, the first installment, audit payment, and flat annual assessment arrive simultaneously, cash flow can stall.
Insurance companies have developed payroll billing methods to help spread out the cost of worker’s compensation to match the needs of the average business. Two insurance companies Golden Benchmark Insurance Services happily represents, The Hartford and Travelers, offer payroll billing services.
Has your company considered a payroll billing system for their worker’s compensation? Do you have an insurance partner with experience managing worker’s compensation programs? If these questions have ever crossed your mind, you may want to talk to one of the brokers here at Golden Benchmark about developing a program that eases the cost on your business.
Take the next step toward seamless cost management and call us at (1-510-818-9877) or send us an email (firstname.lastname@example.org).