Pay as you go worker’s compensation insurance is a solution that many businesses use to manage the rising costs of this insurance. Instead of charging large up-front costs, pay as you go workers’ compensation insurance allows companies to pay premiums as they pay their normal payroll. This helps to defer much of the cost of workers’ compensation insurance, making it easier for business owners to manage their cash flow.
Concklin Insurance works with many of the most reliable pay as you go workers’ compensation insurers. Our advisors work to earn your trust by getting to know your unique situation and offer the right coverage for you and your business. Call us at (630) 268-1600 to experience the difference three decades of experience can make for your business.
What are the benefits of Pay as You Go Workers’ Compensation Insurance?
Freeing up cash flow is a primary benefit to business owners, but there are many benefits that make life easier for busy professionals
- Lower upfront cost allows growing companies to keep more of their cash
- Insurance premiums are deducted automatically, helping ensure that your payments are on time and reducing your risk
- Paying along with other payroll expenses allows for better budgeting
- Eliminate the surprises associated with large lump sum payments
With so many things changing in the marketplace, many business owners find the predictable payments and the be the right option for their business. Pay as you go is an exciting new option for this mandated insurance, providing business owners with the options they need to manage their finances responsibly
What is the right solution for your business?
The needs of a business vary widely, and as useful as pay as you go workers’ compensation insurance can be, it is not the only option. The market has so many ways to meet business insurance needs, many professionals find it confusing. Concklin Insurance helps you navigate the vast array of insurance options to tailor a workers’ compensation insurance plan that makes sense for your business.