Hiring and retaining quality employees has long been a challenge for franchise businesses, as recruiting resources can be low and finding the time for the process can be tricky. Increasing minimum wage and a competitive job market has made things even harder, with many companies responding by changing how they hire. But doing so carefully [...]
Some insurance policies like property or auto insurance are pretty self-explanatory. But other common coverage options can require a bit of an explanation. General Liability Insurance and Umbrella Liability Insurance are two common types of coverage for WellBiz franchises. These two liability policies are very similar, however there are a few key differences. In short, [...]
With products to cover your employees, professional reputation, property, financial security and more, Lockton Affinity’s WellBiz Brands Insurance Program offers all the custom insurance solutions you need to meet your franchise requirements—complemented by best-in-class service. Available insurance products The following policies are available to all WellBiz franchisees. Property—Covers against most risks to property, such as [...]
Lots of studios start out small. But as you hire more employees or open new locations, it’s important your workers’ compensation coverage keeps pace with your growth. Understanding workers’ compensation for your studio is important and helps ensure you manage risk and stay compliant. Here’s what to know: Workers’ Compensation Covers Workers’ compensation insurance provides [...]
Insurance isn’t like most products you buy — your policy might stay “in the box” quite a while before you need it. With such a big gap between your purchase and needing access to your insurance, it may be hard to remember how to report a claim. Luckily, the claim process for Lockton Affinity is [...]
One of the things that can make shopping for business insurance so hard is not knowing what to expect. You hope the company you choose will be easy to work with and offer expertise and coverage when you need it, but it's not always guaranteed. At Lockton Affinity, we aim to provide you with best-in-class [...]