Healthworks-Business Owners Insurance

Society Insurance Company's Healthworks plan is a comprehensive property & casualty insurance package specifically designed for the needs of the medical community. It offers a broad array of coverages-many customized to the needs of a medical office.

The Healthworks extension endorsement further extends limits and offers additional coverages that are specific to the medical community at no additional charge:

• Personal property of patients
• Medical records
• Medical equipment off premises
• Specimens & samples spoilage

To request more information please use our on-line contact form.

Directors & Officers

What is Directors and Officers Insurance?

This type of coverage provides financial protection for the directors and officers of your company in the event they are sued in conjunction with the performance of their duties as they relate to the company.

When do I need Directors & Officers Insurance?
You need Directors and Officers Liability insurance when you assemble a board of directors. Quite frequently it is a requirement by the directors and officers as well as investors who are funding your company. Also, having employees opens management up to employment practices lawsuits.

Why do I need Directors & Officers Liability Insurance?
First, you need Directors & Offices Insurance because claims from stockholders, employees, and clients may be made against the company, and against the directors of the company. Since a director can be held personally responsible for acts of the company, most directors and officers will demand to be protected rather than put their personal assets at stake.

Secondly, you need Directors & Officers Insurance because investors and members of your board of directors will not be willing to risk their personal assets to serve as a corporate director or officer, no matter how heartfelt their belief in your company.

Lastly, employment practices suits constitute the single largest area of claim activity under Directors & Officers policies. Over 50% of Directors & Officers claims are employment practices related.

To request more information please use our on-line contact form or call us at 866.442.3810.

(Source: InsurePro http://www.insurepro.net/html/directors_and_officers_explained.asp, 2005)

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Employment Practices Liability Insurance (EPLI)

EPLI is designed to provide protection from employee-related claims and allegations such as sexual harassment, abuse and wrongful termination. This type of coverage can be added to Society Insurance Company's Healthworks Business Owners package.

EPLI Program Features:

• Claims made trigger
• Retention limits starting at $1,000
• An optional 10% co-payment
• Coverage limits from $500,000 to $1,000,000
• Coverage for broadly defined wrongful employment practices
• • No exclusion for sexual harassment
  • No exclusion for punitive damages
  • No exclusion for retaliatory action against "whistle blowers"

To request more information please use our on-line contact form

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Workers Compensation

Society Insurance Company has a history of expert claims handling by thoroughly analyzing medical histories and treatment in detail. This means the potential for fraud and abuse of the system are minimized. Society Insurance Company helps its clients to control medical costs by becoming affiliated with a Preferred Provider Organization (PPO). This PPO can provide quality medical care at lower rates because of the contracts with physicians, hospitals & others.

Society Insurance Company also helps its clients by implementing an effective return to work program that can aid in reducing the cost of work-related injuries. The process called "loss control" reduces the frequency and severity of injuries. Society Insurance Company's risk control representatives can work with you to implement safety programs as well into your current system.


To request more information please use our on-line contact form.

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Who is Society Insurance Company?

You can tell a lot about people by where they are from. The same holds true for businesses. Society Insurance is located in Fond du Lac Wisconsin and understands the needs of Wisconsin businesses. They have been serving Wisconsin businesses since 1915. Society started out as a workers compensation insurer with their main focus on small-to-midsize businesses. Today, Society still provides workers compensation for a wide range of businesses and organizations, but has also become a strong provider of property, liability and business auto insurance.

Society Keeps it Simple
Prudent management, adequate loss reserving, and sound accounting are parts of Society's tradition and values as a result Society Insurance stands on a rock-solid financial ground and is recognized by high financial strength ratings within the insurance industry.