Insurance & Employee Benefits
1. Access to many of the major carriers in NY and the tri-
2. Serving Long Island, Westchester, and NYC, since 1997
3. Assistance with audits and payroll reports
4. Numerous payroll adjusted programs
5. Assistance with claims filings
6. Claims analysis and reporting
7. Experience modification factor evaluations
8. Ability to Negotiate higher Discounts
9. Available alternative risk financing
10. Loss control inspections & services
Group Coverage, Inc. and its affiliates have been offering inexpensive workers’ compensation insurance for all types of businesses and organizations since 1997. Serving Long Island and the Greater New York Metropolitan area, we have access to dozens of markets either direct or through our numerous affiliations. Our programs range from fully insured to retrospective rating to sliding scale dividend plans, and of course safety groups and access to many domestic captives.
The services we provide to our clients include assistance with payroll audits, loss control, alternative risk financing, experience mod reductions, etc. We are either paid by the carriers direct or can charge a fee and have the carrier base their premiums net of commissions. This allows us to negotiate costs without the worry of having a conflict of interest with our clients.
Some of the industries we offer special rating on include the following -
Construction, Trade, and Artisan Contractors
Wholesale and Manufacturing
Retail Shops, Boutiques, and Grocery Stores
Healthcare and Medical Offices and Facilities
Food Service, Catering & Restaurants
Technology & Services
Energy & Fuel Delivery
Automotive Service & Repair Centers
Entertainment & Hospitality
A specialist in Workers' Compensation for almost 30 years and rated A-
GUARD also offers Businessowners coverage (property and liability insurance), Commercial Auto, and Commercial Liability/Excess in a number of states, providing employers with the opportunity to enjoy one-
* Not all GUARD coverages, products, and discounts are available in all states. Certain restrictions and all company underwriting guidelines apply.
Do I need workers compensation insurance?
Source Insurance Information Institute www.iii.org
Employers have a legal responsibility to their employees to make the workplace safe. However, accidents happen even when every reasonable safety measure has been taken.
To protect employers from lawsuits resulting from workplace accidents and to provide medical care and compensation for lost income to employees hurt in workplace accidents, in almost every state, businesses are required to buy workers compensation insurance. Workers compensation insurance covers workers injured on the job, whether they're hurt on the workplace premises or elsewhere, or in auto accidents while on business. It also covers work-
Workers compensation provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work and for medical and rehabilitation services. It also provides death benefits to surviving spouses and dependents.
Each state has different laws governing the amount and duration of lost income benefits, the provision of medical and rehabilitation services and how the system is administered. For example, in most states there are regulations that cover whether the worker or employer can choose the doctor who treats the injuries and how disputes about benefits are resolved.
Workers compensation insurance must be bought as a separate policy. Although in-
Video explains the major points of workers’ compensation presented by The Hartford