Business Insurance

Looking for a First-Class Tax and Insurance Consultant?

From Worker’s Compensation to Business Liability Insurance…

…and everything in between. Getting the right insurance plans for your business can be a real challenge. Let us help you determine the policies for you and your business.

What is a Business Owner Policy (or BOP)?

A typical business insurance plan assembles basic coverage required by a business owner in one bundle, which includes- business property, general liability, and various other additional business insurance services.

BOPs DO NOT include:

  • Professional liability.
  • Commercial auto insurance.
  • Worker’s compensation.
  • Health and disability insurance.

What BOP Health Insurance Includes.

  • Deductible – The amount you pay each year to cover eligible medical expenses.
  • Co-pay – A flat fee for certain medical expenses.
  • Co-insurance – A percentage that you pay to share the cost of covered services with your insurance after your deductible has been paid.
  • Premium – The amount you pay for your health plan every month.
  • Out-of-pocket max – The max amount you will pay a year for coverage.
  • Essential benefits – All plans include services such as ambulatory patient services, emergency services, hospitalization, maternity and newborn care, and more.

Who needs a Business Owner’s Policy?

  • If your business has a physical location, whether it’s out of your home or a rented or owned office, store or other work place.
  • If there’s a possibility of you being sued – for example, by a customer who was injured at your work place.
  • If you have assets that could be stolen or damaged – whether they’re digital assets, customer data, equipment, furniture, cash or inventory.

What is Workers‘ Compensation?

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee’s right to sue their employer for the tort of negligence.

Who is required to have workers’ compensation?

Workers’ compensation coverage is required for all employers that have five or more employees. In California, employers are required by law to have workers’ compensation insurance, even if they have only one employee. And, if your employees get hurt or sick because of work, you are required to pay for workers’ compensation benefits.

We offer business insurance services in Bellflower, CA. For more information, please contact us at 562-867-5200 or schedule an appointment here.

If interested in applying for a small business credit line, we recommend Kabbage. Click here for more information

Thank you for your interest in our services. We encourage you to give us a call or send a message using the contact us form below.

“I would say if you’re kind of lost with your finances or business, give them a call or stop by you won’t regret it!”

Alex C.
Lakewood, CA

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