Celebrate National Insurance Awareness Day
NATIONAL Insurance Awareness Day is a great opportunity for people to review their policies and update them if needed.
To celebrate the auspicious day, it’s best to talk to an insurance agent and discuss all the various types of insurance that could protect you and your family.
Also, there are ways to recognise National Insurance Awareness Day with your business.
According to website nationaltoday.com, below are a few ways to observe this day.
1. Make the call
Call your insurance agents to ask about current promotions, services or lock-in rates as well changes in your premiums.
2. Go shopping for insurance
Some confident insurance companies will offer information about their competitor's rates while trying to sell you insurance. This bold move on their part can save you time while you search for the best deal.
3. Take charge to change your rates
Whether it's taking an online, defensive driving course, hitting the gym a few times a week, or putting in a home security system, these doable actions can lead to added savings on your various insurance policies.
For most business owners, this day is a great opportunity to look at their insurance coverage and assess their risk.
To celebrate this day, there are five ways to recognise National Insurance Awareness Day from website previsorinsurance.com.
1. Check in with your insurance agent
Your agent is a wealth of knowledge and a partner who's always in your corner when it comes to making insurance decisions for your business. If you haven't caught up with your agent in a while, reach out!
Thank them for supporting your organisation's business and safety goals.
2. Revisit the costs and benefits of your work comp policy
As a business owner, you understand the benefits of work comp and the costs of going without it.
Just like a new pair of shoes, the policy you'll appreciate most in the long run might not be the one with the lowest price tag.
Instead of looking only at premium, consider the full spectrum of traits that make a work comp partner valuable for your business.
If you think it might be time to shop around, let your agent know.
3. Protection from insurance fraud
Workers compensation fraud happens at many levels. Employees can make false claims – and employers can, too.
Fraud impacts everyone within the work comp system, and the truth is that fraud goes unreported every day.
4. If you don't have a safety program, start one
Business insurance is like personal insurance. It's crucial to have it, but you hope you never have to file a claim.
The best way to prevent work comp claims – and reduce your premium – is to have consistent safety practices in your workplace.
5. Stay up to date on the latest issues affecting your policy
Work comp insurance might not be on everyone's list of passions.