Employers Liability, not to be confused with Employment Practices Liability, is an insurance coverage typically found in a Workers Compensation policy. Compared to workers comp, there are very few claims filed under this portion of the policy, and as a result it is not very well understood.
I read a tweet today from an attendee at a venture capital conference that said, “Opportunity is all around you, so take risks.” I 100% agree with that quote, but I would add this caveat to the end, “but eliminate risks that you can, prevent the preventable from occurring.” Insurance should be used to eliminate … Continue reading Preventing the Preventable – Eliminating Risks Without Impeding Your Upside
One of the most common questions I get asked comes from Pre-Clinical Life Science companies is why do I need insurance? I agree that pre-clinical life science companies have about as little risk as a company can have. Why they need insurance really comes down to contracts, investors and statutory regulations. If the company enters … Continue reading Common Question Friday – Why Do Pre-Clinical Companies Need Insurance?