Contract Liability Insurance Versus Professional Liability Liability Insurance For A Small Cabinet Shop, Is There An Alternative?

Liability insurance for a small cabinet shop, is there an alternative? - contract liability insurance versus professional liability

We have 3 full time employees and 1 part time. They work with teams very dangerous. Could have a contract for the employees sign statements that assume the risk and responsibility of work-related accidents? Must be notarized. Would it make sense to rise to a claim for personal injury to our ownership of our employees to avoid too? We survived an insurance policy and would cost at around $ 6000.00 per year. We can not afford.
Thank you for your advice.
PS: We incorparated.

1 comments:

MLaw said...

It would be totally ineffective. You can not "contract away" its responsibility for the acts or omissions of its employees. Contrary to popular belief that it can convert its staff as "contractors", so that they sign a contract. You can not compensate the employee. 3.5 When a company to pay the workers $ 6,000 a year for insurance that employees can not afford or can not afford to be in the company.

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