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To Pay or Not to Pay…

This question comes up at renewal time for many business owners. Most understand the requirement to provide Workers’ Compensation, but are faced with a major revenue strain when they have to pay a large payment (i.e. Down Payment or End of Year Audit). This difficult decision for many small business often comes at a much larger cost than the unpaid policy premium.

· Did you know that Workers Comp often has billing options? More than typical single pay or monthly

· What if you only paid what you owed each month?  Busy time of the year you pay more and less during those off seasons

· Wouldn’t it be nice if the dreaded audit was simplified to a few minutes AND no surprise balloon payments afterwards?

· Would you like to improve cash flow?

· What if you could eliminate down payments all together?

If you’re a small business owner and any of these questions shoot off fireworks, contact one of our Workers’ Compensation Specialists today!

 

 

Team - Bruce Hamrick

Bruce Hamrick, CIC, RWCS Bruce@AllinsuranceNC.com 919.779.5115

Team - Tom Lesondak

Tom Lesondak, CLCS, RWCS Tom@AllinsuranceNC.com 919.779.5115