Mistakes happen. But if you make a mistake in relating employee benefits to your employees, you could be liable. Our Employee Benefits coverage helps protect you.
For example, you fire an employee and you forget to give him information about how he can continue his health coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA). If that employee loses coverage because he didn't have the necessary information, he could sue you. Employee Benefits coverage helps cover this type of incident.
We usually write this coverage as an endorsement to a commercial liability policy or package policy. It's normally on a "claims made" basis. Contact your Companion P&C agent today for more information. Because mistakes do happen!