Housekeepers, nannies, caretakers, and other domestic employees can help make life easier, and often feel like a part of the family. However, from a risk management perspective, these full-time employees present additional exposures that you will want to make sure you have covered.
Workers Compensation provides funds in the event of an on-the-job injury. It is required in New York State for anyone you employ that works over 40 hours.
NY Short-Term Disability
This is also a mandatory policy for any employees that work over 40 hours. It will provide compensation for off-the-job illness or injury benefit.
Employment Practices Liability
An Employment Practices Liability policy provides defense and coverage for allegations of discrimination, wrongful termination, harassment, and other employment-related issues. Contact your advisor if you have domestic employees and we can help you craft a plan to ensure you are properly protected.