All Posts tagged Healthcare

The Ins and Outs of Risk Retention Group Insurance

The Ins and Outs of Risk Retention Group Insurance

Business insurance is not always a cut-and-dry process. In fact, there are plenty of factors that can influence whether or not a policy makes sense for the needs of your company. If you are not aware of all the options available to you, then it stands to reason you are missing out on a more helpful form of coverage. For example, a Risk Retention Group might be the self-insurance option you have been looking for to keep your business booming.

The Risk Retention Act

Understanding RRG insurance is all about looking at where the idea originated. After the Risk Retention Act of 1986 was passed, it was possible for group captive insurers to assume the risks of commercial liability exposures related to the members of the captive. Though this can seem laden with industry jargon, it essentially means that you have lots of interesting options to mull over when it comes to how and where you obtain your insurance plan. Areas that an RRG plan could prove advantageous include:

Understand Your Options

Staying familiar with all of the insurance options available to you is a surefire way to ensure your business gets the attention it deserves. Learn about Risk Retention Groups and determine if this type of coverage applies to your company.

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Three Considerations When Traveling Overseas This Summer

Three Considerations When Traveling Overseas This Summer

Summer kicks off vacations for many Americans. For those traveling beyond our borders, worldwide insurance services can help you have the insurance protection you need during your trip. Here are some tips to having a safe trip overseas.

Healthcare

Domestic health insurance may not provide coverage outside of the country. If you fall ill or break a bone while overseas, you need insurance that can cover the costs of a hospital stay or doctor’s visit along with any necessary medication.

Plans

While a travel agent isn’t a requirement to an enjoyable vacation, a plan of what you want to do and see can help you make the most of your trip. You also need to think about where you plan to stay, how you plan to get around and how much money you want to spend. Trip-cancellation insurance may be a good idea especially if you plan the trip months in advance.

Safety

Consider your personal safety and that of your belongings when traveling. Theft is common in some locales and theft protection insurance helps you recover what is lost during the trip.

Worldwide insurance services protect you not only at home but abroad as well. A safe trip starts with having insurance coverage when you need it. Don’t leave it up to chance. Carry the right coverage, so you can relax and enjoy the sights.

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