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How to Get Large Group Health Insurance Plans for Contractor Business Employees

Construction Marketing

If you, as an employer, have 1099 employees on your staff from time to time, you may be wondering whether you are required to provide health insurance to them. Instead, 1099 workers are paid based on your agreement with them. Do Employers Have to Provide Health Insurance to Contracted Employees? What is a 1099 Employee?

Insurance 156
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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. Protect your business by securing permits and licenses. You can also hire a lawyer to help you out with other legal requirements such as service agreements. Labor costs.

Insurance 296
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7 Ways Construction Companies Can Keep Their Workers Safe

Construction Marketing

As an employer, you should ensure that your construction site offers maximum safety and security standards to its workers. Have a safety standards terms of the agreement (TOA). This information should be included in a terms-of-agreement document signed by all workers. Training your employees on safety measures and equipment.

Safety 183
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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

INSURANCE |. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project.

Cash Flow 168
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What is Equipment Floater Insurance for Contractors?

Levelset

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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What Contractors Need to Know About Surety Bonds

Construction Marketing

If the principal’s bond application is approved, the surety company will require the principal to sign an indemnity agreement before it will issue the bond. The indemnity agreement provides that the principal will hold the surety harmless if a claim is filed against the bond. Are Surety Bonds Insurance?