Your organization pays a set amount (analogous to a premium) for each employee based, among other things, on family size, into a special account that is maintained either by you or by the Third Party Administrator (TPA) that administers your plan.
The term comprehensive general liability insurance refers to a type of business insurance that protects companies from liability claims related to their business activities. Comprehensive general liability is usually suitable for medium and large companies in the servicing, manufacturing and processing fields. Continue Reading.
Comprehensive insurance, collision insurance and liability insurance are the three components of an automobile insurance policy. State law requires drivers to carry liability insurance, but collision and comprehensive insurance are optional if you own the vehicle outright.