Latest statistics suggest that there are more and more acupuncturist business insurance providers added to the list of companies in the industry today. The current figures come as no surprise knowing that there are a lot of people seeking the services of acupuncturists these days. They are looking for alternative treatments. But this trend creates some challenges to the acupuncturists themselves. And the reason? Finding a reputable insurance company has become more tricky. Almost all insurance providers claim they are the best one in town.
As an acupuncturist who does not want hard-earned money go down the drain, you should be extra careful when choosing an acupuncturist business insurance provider. Remember, companies are not created equal and here are some of the reasons why:
They do not have the same level of industry experience. Some acupuncturist liability insurance companies have been in business for decades. Some others have been around for about a year or two. It is important to note that experience refines processes. So, it makes sense to pick an insurance provider that has been in business for a long period of time; it is highly likely that their process is more refined.
Not all offer favorable prices. Some charge way higher than the market average, so make sure that you examine the quotations thoroughly. Pay close attention to the details of the package/coverage so that you get what you deserve. One important step to find the best one possible is to compare quotations from different sources i.e. be enthusiastic enough to shop around.
Not all have received industry recognition. Sure, any insurance provider can claim they are the best in the industry. But not all can support their claim with proof of recognition from a third party or organization. Has your prospect received awards from several reputable organization in the industry for their service? If so, they can be a good candidate and are worth-considering.
Not all have received great reviews from clients. Reviews from other acupuncturists are an important factor for choosing an insurance service provider. Not all have received good reviews, so make sure you listen to what others are saying about the quality of their product or service, before deciding which one to choose as your liability insurance provider.
Looking for a reputable acupuncturist business insurance provider? You have come to the right place. Call us today at (800) 838-0383 for inquiries.
Employers in all states in the US, with the exception of New Jersey and Texas, are required by law to have workers compensation insurance. It is aimed to provide coverage for employees who suffer a work-related illness or injury. This includes those who are working in the acupuncture industry.
If you are running an acupuncture business, acupuncturist workers compensation insurance is one important item that should be included in your to-do list; you should work on it with due diligence. Your goal is to find a reputable insurance provider that delivers the most comprehensive coverage for your employees at reasonable prices.
What can a worker compensation insurance do for your acupuncture business:
- It pays for the medical care and rehabilitation for employees who are injured in the line of duty or contract a work-related illness.
- It covers a portion of an employee’s salary, disability benefits and death benefits for the dependents, in case the former gets killed or disabled after a work-related accident.
- It provides coverage for all of the employees of a business except independent contractors (and special provisions must be made if employees work out-of-state).
How to find the right insurer for workers’ compensation insurance
Not all acupuncturist workers compensation insurance service providers are created equal. Some are just way better than the others when it comes to delivering services and coverage. With that said, it makes sense that you are careful with your decision so your hard-earned money will not be wasted.
Here are some tips to finding the right insurance provider:
- Length of service in the industry. Has your prospect been in business for years? Several decades, perhaps? Why is it important to ask this question? Primarily because the length of service means industry experience. With long years of experience comes a more refined service process.
- Reviews and feedback. It is essential to know what other acupuncturists are saying about the service of a particular insurance provider. When the negative feedback is overwhelming, then you have a valid reason to walk away and find a new prospect.
- Product inclusions. Many times, a seller comes to you flaunting their insurance product, but you have to be vigilant and carefully scrutinize their offer. You must examine the terms and conditions in details – line by line – so you can find out whether what you are dealing with is worth it or not.
Looking for the best deals on acupuncturist workers compensation insurance? Contact American Acupuncture Council today at (800) 838-0383.