For Immediate Release
Elite Benefits of America is currently helping business owners
identify coverage mistakes in their annual insurance reviews to assure
rates are locked in for the upcoming year.
“Many businesses are currently reviewing their 2012 business
insurance to have it locked in for January 1st” says Butch Zemar, Chief
Sales Officer at Elite Benefits of America. “As they claw their way out
of this recession, cutting back is one of the only options. Insurance is
one area that should not be cut. Businesses, as well as consumers, need
to review all insurance programs annually with an insurance agent.”
During an annual business insurance review, a business will be
reviewing employee benefits, general liability coverage, workman's
compensation and commercial auto coverage just to name a few. All of the
coverages are important but each business has a specific need based on
their situation. Many businesses forget about adding coverage they
should have and find themselves in a situation they do not want to be in
at the time of a loss. It is very important for businesses, and
consumers, to review all their insurance needs every year to make sure
they do not leave anything to chance.
"Looking for areas to cut cost seems to be more of the norm and
businesses are using insurance as one of those areas." says Zemar.
"Businesses buy insurance to protect their financial health. By lowering
insurance limits, or worse, eliminating coverage just to cut cost is
not only making a huge mistake but it is also setting the business up
for a negative financial impact that can push them over the edge to the
abyss in this tough recession." Zemar continues.
Today, more than ever, the business world and life itself changes
consistently. Anytime there is a change, your insurance should move
needs to be adjusted. There is the possibility that despite the
recession, a business could be growing and had an increase in building
space, staff, or equipment and an increase of insurance coverage is
needed. The insurance agent reviewing the insurance policy needs to know
about these changes so they can address it appropriately with the
Elite Benefits of America is scheduling webinars with that change.
Maybe a business has downsized or sold off equipment and the insurance
next year to assist business owners as well as individuals in meeting
their insurance needs. For more information or to schedule a business
insurance review, call Butch Zemar, Elite Benefits of America at
708-535-3006. For more information, go to www.EliteBenefits.net.