Insurance You Need Once You Hire an Employee

Insurance You Need Once You Hire an Employee

business insurance in Vernon, New Jersey.

Having your business grow enough that you need an employee and can afford to hire one is a giant accomplishment. However, it also changes what you need from your business insurance in Vernon, New Jersey. Before hiring someone, ensure you have the following coverage.

Workers Compensation Insurance

The law varies depending on the type of business and number of employees when it comes to whether you must provide workers compensation insurance. However, it is a good idea regardless. If your employee receives an injury at work, workers compensation coverage ensures they receive their wages while they are recovering.

Health Insurance

Again, not all business must provide health insurance for their employees, but doing so will bring in a better quality of applicant and improve the morale of any current employees. Try to add medical, dental and vision policies to your business insurance in Vernon, New Jersey.

Employment Practices Liability

Employment practices liability coverage protects you in the event that you are accused of unfair employment practices. A typical policy covers sexual harassment allegations, wage disputes, discrimination allegations and wrongful termination disputes.

When searching for business insurance in Vernon, New Jersey, hire a company that is experienced in providing coverage to companies. Ensure it is licensed and has good reviews before signing up for a policy.