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Healthy Texas Program – Group Health for Texas Businesses.
Healthy Texas program is a guaranteed issue insurance plan for group health in Texas. Healthy Texas options have no medical underwriting for Texas businesses. The program is state funded by the government of Texas and issued with the assistance of the tdi, Texas Department of Insurance. Your business does have to currently be uninsured in order to qualify for the program. You can check out all of the other qualifications by going to this link… www.gohealthytexas.com. Premiums cost an average of 30 percent less than comparable employer health insurance plans in Texas. There are many benefits for your small business including… No medical underwriting. All groups receive same rates regardless of medical conditions of employees. Rates determined only by location, age and gender. Medical history of any employee is not a factor. Premiums are an average of 30 percent less than comparable employer health insurance plans. There is 100% Coverage for Preventative Care, a Prescription Drug Card, low out of pocket maximums and copays. Also, pre-existing conditions are covered after one year or immediately included with prior coverage that is credible. Another feature is the small business tax credit you can receive for enrolling in the Healthy Texas insurance program. Call today or qualify online to see if your business can be accepted into this fantastic group health program in Texas. www.gohealthytexas.com
Fundamentals of Construction General Liability Insurance for Contractors
This is the beginning of a series for Construction Risk Insurance for contractors in Texas. Before you’re able to know if you’ve got a good construction general liability policy, you should consider the following steps that your construction company has anticipated and properly treated it’s risk…
Risk Identification
For a construction general liability policy, this is the most crucial step. Please consider direct property losses to commercial property, indirect commercial property losses, construction general liability losses and injury to personnel which would require workers comp insurance.
One excellent tool for risk identification for your contractors general liability policy is your financial statements. These provide a tremendous amount of risk management information. The balance sheet shows the value of all assets and your income statement shows major sources of revenues and expenses.
Risk Analysis
Risk should be evaluated according to the impact it would have on your construction company. Your exposures should be prioritized on what would have the largest financial impact to your company. It’s important to not only recognize the obvious direct cost of losses but also the indirect losses.
Risk Control and Risk Transfer
Risk Control for your general liability insurance policy can be summarized as either loss prevention or loss reduction. These can be as simple as providing education to your employees and your subcontractors. Risk transfer could be the purchase of a general liability insurance policy. This “assigns” the risk to the insurance company. Risk transfer could also be accomplished through an indemnity clause or hold harmless agreement. It’s always a good idea, whenever possible, to have your subcontractors sign a “hold harmless” agreement to protect your company against the subcontractor’s actions.
Of course, no insurance policy completely protects the risk a contractor faces. Please call Bart Taylor Insurance for all your commercial property and business insurance needs.
Bart Taylor Insurance is a full service insurance agency based in Austin, TX.
We deliver personalized service and proactive advice, giving you peace of mind to focus on what you do best.
We are a trusted company that’s fully committed to providing Texas businesses and Texas commercial property with quality insurance. Our goal is to provide you with the best coverage and the best rate for your business and commercial property.
It’s not just about how we handle insurance, but how we treat people.
Contact us for all your insurance needs today and save. 512-294-6774
Bart Taylor is a registered agent with the Farmers Insurance Group of companies.