FAQ

FMLA applies to all public agencies, all public and private elementary and secondary schools, and companies with 50 or more employees. Employees are eligible for leave if they have worked for their employer at least 12 months, at least 1,250 hours over the past 12 months, and work at a location where the company employs 50 or more employees within 75 miles.

COBRA gives workers and their families the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain instances where coverage under the plan would otherwise end. COBRA only applies to employers with 20 or more employees, and the qualified individuals may be required to pay up to 102 percent of the cost.

The current ISO property forms will protect against your computer but not the data stored in it. The general liability ISO form excludes claim of copyright, trademark, and trade secret infringement. Relying on coverage with standard insurance is not in your best interest.

The major provisions cover a business’ liability for a data breach in which the firm’s customers’ personal information — such as social security number or credit card information — is stolen or exposed by a hacker who has gained access to the firm’s network. There are many additional coverages.

The law requires that every employer subject to the Act must provide some way of assuring that it can pay benefits to its workers, should they become injured. The following are the criteria for employers who must carry workers’ compensation coverage:

• All private employers regularly employing one or more employees 35 hours or more per week for 13 weeks or longer during the preceding 52 weeks
• All private employers regularly employing three or more employees at one time (this includes part-time employees)
• Agricultural employers if they employ three or more employees 35 hours or more per week for 13 or more consecutive weeks
• Householders employing domestic servants if they employ anyone 35 hours or more per week for 13 weeks or longer during the preceding 52 weeks
• All public employers
  

Workers’ compensation insurance rates are based upon the “classification of your employees to be covered.” The classification refers to the type of work the individuals perform. Insurance companies establish a premium rate for each classification. However, there are often many adjustments to these basic rules. Because insurance companies do not all charge the same rate for the same workers’ compensation coverage, it is important for your business — either directly or through its insurance agent — to shop around for the best price. If you need additional information or a quote, do not hesitate to reach out to Goodman Venegas today!