Plan Administrator Liability Coverage - Be Sure
Eliminate your Benefits Exposure for Free
This month we will be brief on a very important topic. Call or email your commercial insurance Broker and confirm your plan has Benefits Plan Administrator Liability coverage. In some cases your broker may have included it, many don't. There is usually no charge to have this added to your plan. Even if your company does not yet have a benefit plan, we recommend you add it.
Issues that occur, such as late enrollments, incorrect information given to insurers or employees, incorrect termination of benefits etc, can create liability issues for employers and subsequent financial challenges. We covered this in more complete detail a couple of years ago in our newsletter. That info can be found here.
The Benefit Guys offer affordable, meaningful options. Whether you already have a benefits plan or are considering implementing your first one, give us a call for a personal, confidential discussion. We have access to the best plans and the best advice available today.
"No matter how many employees you have - it's perfect. And it starts with one!"
Our Best Practices Annual Review is available for download. You need to reduce your benefits liability exposure. The content in this document will help you.
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