Small Business Insurance
The Indiana Department of Insurance understands that small businesses have unique insurance needs. This website is designed to help you to make an informed decision about the insurance coverage you choose for your business and your employees.
Small Employers Health Insurance Pooling Bulletin
Class of Business as a Rating Factor to Assist Small Employers
Health Insurance
Providing health insurance for your employees can be one of the most difficult decisions for any small business owner. The following resources can help you educate yourself about the options available to you.
NAIC Insure U on Group Health & Disability for Small Business http://www.insureuonline.org/smallbusiness/topic_grp_health_dis.htm
Indiana Healthy Worksite Toolkit for Small Businesses, 2nd edition
Indiana’s Small Employer Group Law http://www.in.gov/legislative/ic/code/title27/ar8/ch15
Other Insurance for Small Businesses
Small business owners need to consider types of insurance other than health insurance. Workers’ Compensation coverage is required by State law. Property insurance can protect your business in case of a loss, and liability coverage may be needed in case of a lawsuit. Some employers also purchase key person life insurance to protect the business in case of the loss of an individual vital to the business.
Workers’ Compensation
NAIC Insure U on Workers’ Compensation for Small Business http://www.insureuonline.org/smallbusiness/topic_work_comp.htm
Worker’s Compensation Board of Indiana web site: https://www.in.gov/wcb/
Property and Liability Insurance
NAIC Insure U on Business Property & Liability Insurance for Small Business http://www.insureuonline.org/smallbusiness/topic_bus_prop_liability.htm
Automobile Insurance http://www.in.gov/idoi/2333.htm
NAIC Insure U on Commercial Auto Insurance for Small Business http://www.insureuonline.org/smallbusiness/topic_com_auto.htm
Life Insurance
NAIC Insure U on Life Insurance for Small Business http://www.insureuonline.org/smallbusiness/topic_group_key_life.htm
Life Insurance https://www.in.gov/idoi/consumer-services/types-of-insurance/life-insurance/
Other Small Business Resources
The Department provides you with these additional links that may be useful to your small business.
Indiana Economic Development Corp https://iedc.in.gov
Indiana Small Business Development Center https://isbdc.org
State of Indiana Business Owner’s Guide
Indiana Small Business Administration https://www.sba.gov/district/indiana
U.S. Small Business Administration https://www.sba.gov
NAIC Insure U For Small Businesses http://www.insureuonline.org/smallbusiness
NAIC Insure U on Insurance for Home-Based Business http://www.insureuonline.org/smallbusiness/topic_home_based.htm
Take the NAIC InsureU Small Business Quiz to see how much you know about insuring your small business http://www.insureuonline.org/smallbusiness/small_biz_quiz.htm
IRS Information for Small Businesses http://www.irs.gov/businesses/small/index.html