Clients with Lapsed Coverage
For some of your high-risk clients, Workers’ Compensation coverage might not seem like its worth the expensive or the hassle of looking for coverage. But letting their Workers’ Compensation coverage lapse can be just as costly! Since most states require Workers’ Compensation insurance, companies with lapsed coverage may face hefty fines. Additionally, it can be difficult for companies to find help once their coverage has lapsed, especially if they’re in a high-risk industry.
At PEO Insurance Brokers Network, we’re familiar with the nuances of helping agents find coverage for their high-risk clients with lapsed coverage. We understand the past actions are not an indicator of future operations, and can help you educate your clients to get them back on track and find the coverage they need.
We provide Workers’ Compensation coverage to businesses in need, no matter the risk, and help agents find the best PEO coverage and savings for their insured. To learn how we can help you find coverage for your clients with lapsed coverage, email quotes@peobrokersnetwork.com to receive a quote.
