The Cost of Ignorance: What You Don't Know About Performance-Based Insurance Can Save Your Company Millions

THE COST OF IGNORANCE is a riveting novella by business insurance veteran Robert Phelan.The story punctures confusing insurance jargon and introduces a powerful new concept for middle-market companies: a little-known form of insurance known as Performance-Based Insurance(TM) (PBI) costs less and can save a company millions of dollars over time. The tale is told through the misadventures of Timothy Franculli, owner of a wholesale manufacturing company that is about to go broke because of escalating liability and health insurance costs. Timothy attends a conference in San Francisco where he runs into an old friend and learns about PBI, a type of insurance that could save his struggling company hundreds of thousands of dollars per year. But there is a catch. Typically, in order to qualify for PBI, a company must have a strong safety culture where worker injuries and accidents are controlled and reasonably predictable. Franculli has a lot of catching up to do after a series of employee injuries the year before caused his worker's compensation premiums to skyrocket 40 percent.

Author: Robert Phelan
Publisher: Voxie Media
Published: 01/31/2013
Pages: 100
Binding Type: Hardcover
Weight: 0.58lbs
Size: 8.50h x 5.50w x 0.38d
ISBN13: 9780988620308
ISBN10: 0988620308
BISAC Categories:
- Business & Economics | Insurance | Health
- Business & Economics | Insurance | Liability
- Business & Economics | Insurance | Risk Assessment & Management

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