Business Insurance Requirements
Many startup companies or new business owners are working with a tight budget. As such, they look to keep operating costs low while they work on building their brand and customer base. Regardless of the industry where you operate, purchasing business insurance is one way to protect the financial investment you have made. However, there are certain state or federal requirements concerning insurance coverage.
Employee Benefits
Depending on the size of your organization, you may be required by state law to provide workers comp coverage. The Iowa workers compensation law was designed to give employees who are either injured at work or contract a disease or illness due to working conditions some financial and medical recourse against their employer. When an employee does not receive the accommodations or assistance required by law, it is quite possible that legal action will be taken against the company. Carrying a strong workers comp …
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