An October 2022 study published by the U.S. Surgeon General found that an increasing number of workers have growing and chronic stress struggling with balancing work with personal life.
This article focuses on the actual insurance coverage you have and not on the number of insurance policies or incident frequencies covered. We will focus on your professional risks.
In this article, let us consider your profession and the risks through the eyes of an insurance carrier. The carriers focus on four major lines of insurance: Property, Casualty, Life, and Health & Disability. Each has actuarial statistical models and decades of detailed loss experience data that predict and support the expected claims losses, benefits, and premiums.
How many of you in the post-COVID world continued therapy sessions permanently with remote therapy and perhaps in-person therapy in outdoor venues? Feedback from our policyholders says a lot! This new paradigm is here to stay.
Did you ever see those special occasion cards from lawyers that say, “Congratulations or Happy (you fill in the occasion), but we make no representations, guarantees, or warranties!” Their wish list for their lawsuit cases includes sympathetic judges, irrefutable evidence, no hostile witnesses, and friendly juries.
Let’s discuss the value of packaging yourself while partnering with your insurance carrier. The classic marketing definition of value is based on the price paid for the good or service and the satisfaction derived from the benefits. Leading marketers, including insurance companies, sell their products and services as “benefits packets” or bundles of benefits. As crucial as selling “purchase value,” they sell “usage value.”
Did you know that the U.S. Department of Labor, Bureau of Labor Statistics states that social workers working in healthcare and social services settings lead the nation in significant injuries due to an assault at work? This occupation accounts for 70% of assault injuries in all professions. Social workers are four times more likely to be injured from an assault than the average private sector worker.
“Preferra Insurance Company: Best Affordable Rates”; (Source: BravoPolicy.com) BravoPolicy was referring to the Preferra Insurance Company RRG, as rated in the #1 position nationally in this affordable rate category which provides Professional Liability, General Liability, and Cyber Liability policies in all 50 states.
You can expect to be sued (named as a defendant in a lawsuit) sometime during your career. That is why you must ascertain the legal defense coverage provided by your liability insurance policies, especially your professional liability policy.
Since May 2021, inflation has spiked prices further and is running at over 8% annually. So what is happening in the insurance market? As Yogi Berra once said (MLB Yankees catcher), “It’s tough to make predictions, especially about the future.”
Can you be a leader? You already are a leader. You do not need to be responsible for a huge organization to be a leader. You need to show support for others and enable others by helping them to reach their potential through guidance and healing.
What is “E-Cubed?” The Preferra Insurance Company RRG’s practice of EXCELLENT claims customer service, with insurance coverage delivered ETHICAL and EQUITABLE. The power of these three critical elements has proven to protect RRG policyholders while maintaining the lowest premiums in the industry, the most comprehensive liability insurance policies available, and the lowest claims loss history for a fiscally healthy RRG with the “Excellent” A.M. Best rating. We will discuss these three critical elements.