BUSINESS INSURANCE

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Commercial property insurance is designed to protect your business in the event property owned by your company is lost, damaged, or stolen. In most cases it covers the cost to repair damaged property and to replace what your business lost. Different types of commercial property insurance policies protect against different risks or perils. 

Commercial property insurance may be purchased on the basis of the property's actual value (the replacement cost minus depreciation), its replacement value (the cost of replacing an item without deducting for depreciation), or on an agreed-upon amount (commonly used for art objects and other unique items). 

Business assets have one thing in common...they all need protection. Protect your valuable physical assets with quality commercial property insurance from leading insurance providers. We have the experience to tailor affordable insurance coverage to fit your business needs. 
 

The SIG Insurance Agencies have been helping Connecticut, New York, Massachusetts, and Rhode Island businesses with their employee benefit needs for over a decade. Our group insurance staff offers over fifty years of combined employee benefits experience. Some of our staff has worked for the nation's largest insurance carriers, while others have considerable experience on the broker side, handling the needs of small-to-medium-sized employers.

PPO group health insurance plan is recommended for businesses wanting to offer their employees convenient access to quality medical care with effective medical management, a large and diverse network of primary care physicians, medical specialists, hospitals and clinics. 

HMO group health insurance helps your Connecticut business control health care costs through a closely managed plan with an emphasis on preventive care. Each employee selects a Primary Care Physician from a network of providers. The Primary Care Physician can coordinate the total care of the employee to help ensure appropriate care is received. An employee may also seek care from any provider in the network without a Primary Care Physician referral, subject to a higher out-of-pocket expense.

POS group health insurance plan allows employees the option of accessing any medical provider without a primary care physician referral and receive the highest benefit level. Similar to an HMO, it stresses preventive care and offers closely managed benefits. A POS health insurance plan also pays benefits for out-of-network care, but at a lower level than for in-network care. 

Disability Insurance Coverage
Disability Insurance coverage is a very important employee benefit because it helps protect your employees’ most valuable financial asset...their income. It replaces lost income for an employee if they are unable to work due to sickness or injury. Group disability insurance is an excellent employee benefit incentive for acquiring and maintaining employees and the cost is relatively low in comparison to other employee benefits. 

Group long-term disability insurance plans provide income protection for disabilities lasting three months or longer. After the initial waiting period is completed, long-term disability insurance will provide a monthly income, which may continue until age 65 for qualified disabilities. The monthly income provided under a policy is usually 60% of the employees’ pre-disability income. 

Group short-term disability provides coverage when an employee needs to be away from work for an extended period due to a non-work related disability, such as maternity, illness, or injury. An employee can have access to a short-term disability program that provides at least partial income protection. Short-term disability insurance is a more common employee benefit because the chance of an employee being unable to work for a short period is higher than the chance of being permanently disabled. 

Using the strength and experience of our workers' compensation insurance markets allows us to offer competitive premiums to both large and small businesses throughout Connecticut and the surrounding states. 
 

Commercial liability insurance coverage insures your business in the event of accidents and injury that occur on your premises and any exposures related to your products. It will protect your business from payments for bodily injury or property damage to a third party, medical expenses accrued from the underlying incident, and legal cost, including investigations, settlements or bonds required during an appeal. 
 

Businesses that own more than five vehicles can be considered a "fleet" and are eligible to receive a volume discount or special business auto insurance rate. Keeping your active drivers list clean of violations and accidents will also reduce your commercial auto insurance costs.

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