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Adco General now has access to an exclusive PEO liability program. Professional Employer Organizations are single source providers of integrated services which enable business owners to outsource the management of human resources, employee benefits, payroll, and other strategic services to the PEO. This product has broad coverage which addresses the various liabilities that PEOs face as a result of the multiple professional services they provide. Here are some of the features of this product:
- $5000 minimum premium for a $1M limit
- Professional and general Liability(occurrence) combo form
- Coverage extensions are available for : temporary/permanent Staffing, insurance broker, safety consulting services, hired and non owned auto, employee benefits liability
- Product is available anywhere in the United States or Canada
Please contact any of our brokers for more information or for a quick turnaround on a quote. After we have the application and all other required info, our market's target turnaround time is 24 hours. This has been one of their best selling products recently. We also have the ability to quote EPL for PEOs along with the PL/GL. If you're looking for a niche to carve out in the marketplace, this would be a great class of business to pursue.
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