Allied Brokers | eNewsletter

Welcome to Allied Brokers' April 2011 Newsletter!

Client of the Month

Tony Chotibhongs
Siam Orchid Organic Fine Dining
Traditional, Home-made Thai Dishes

496 Hamilton Avenue Palo Alto, CA 94301
Tel: (650) 325-1994 | Fax: (650) 325-1991
siamorchidpa@gmail.com | www.siamorchidpa.com

We can put you on our website as 'Customer of the Month'. This way, visitors to our website will also see your advertisement. And if you have any discounts or special deals, we will gladly advertise them for you, thereby increasing your exposure to potential customers.

Do you want to be our 'Customer of the Month' or be included in our 'Client Referral Network'? Call 650-328-1000 or send us an email to abcosales@alliedbrokers.com.

We Appreciate Our Customers!

You have supported us all these years and we want to say thanks by offering you a chance to win a pair of front row (Club Level) Giants tickets.

Winners from March 2011 Drawing

Todd & Laurie
Winner from 78 client respondents

To participate in this month's (April 2011) drawing (for Giants Tickets) send an email with subject "Free Tickets - April 2011 Drawing".

Income Tax Return Filing Deadline

April 18, 2011* Due Date for Federal Income Tax Returns (and Tax Extension requests) - Tax Day for Tax Year 2010 - Filing Deadline

October 17, 2011** Last day to efile a 2010 Income Tax Return for tax extension and late tax efilers.

October 20, 2011 Last day to prepare and/or print a 2010 Tax Year Income Tax Return on efile.com -- no electronic submissions to IRS after October 20, 2011.

* The traditional tax return filing deadline is April 15 of each year, but the IRS has approved April 18, 2011 as the tax filing deadline for 2010 Tax Returns and extension requests in observation of Emancipation Day in the District of Columbia.

** The traditional tax return extension filing deadline is October 15 of each year, but the IRS has approved October 17, 2011 as the tax filing deadline for 2010 Tax Returns with extensions because October 15 falls on a Saturday in 2011.

Important Notice for Tax Extension Filers and Late Return Filers: After April 15 you can no longer efile a Tax Extension, but you can prepare and efile a Tax Return. The IRS may apply late fee penalties plus interest on taxes owed (penalties may not apply for those who owe no tax or will receive refunds).

Workers' Compensation

The concept behind workers compensation is to protect the interests of both employees and employers in the event of workplace injury. For the employee it provides for medical care and partial salary replacement. For the employer, workers compensation removes/reduces the liability that may arise from such injuries.

When an injury occurs the employer is obligated to inform the insurance company which then decides on the the amount of payment to be made. Once a claim is approved, all medical expenses resulting from the workplace injury or sickness will be covered by the policy and the approved percentages of the wages will begin to be paid.

California Labor Code Section 3700 states that all employers in the state must provide workers' compensation benefits to their employees. The benefits fall under five main categories:

    - Medical care
    - Temporary disability benefits
    - Permanent disability benefits
    - Death benefits
    - Vocational rehabilitation services

Workers' compensation insurance must be purchased from a licensed insurance company operating in the state of California. Choosing form the various companies offering this type of coverage is not easy.

Workers' Compensation Essentials for Biz Owners

Courtesy: The Hartford

Getting The Right Coverage

Although workers compensation is governed by state law, not all workers compensation policies are the same. Insurance companies offer a range of policy options along with a large number of riders to allow clients to select the policy that is most suitable for them. Finding the most cost effective insurance solution is not an easy task. With the number of different types of insurance coverages a business is now required to carry, and the often seemingly overlapping areas of coverage, it's easy to get confused and make the wrong choices, such a thinking that general liability insurance also covers workers' compensation - it does not. However, Employers Liability Insurance is a useful add on as it protects employers against claims where an employee's injury or sickness is not considered as directly work related, but still falls under the ambit of employers' liability.

It is also a mistake to underestimate the liability that a business may face. Claims and compensation in the range of six figures and more are becoming increasingly common. One major claim for compensation is enough to break a business.

About Us

Allied Brokers has been meeting the insurance needs of Bay Area homeowners and businesses for over 50 years. Our clients' depend on us to not just provide them the kind of insurance coverage they need but to guide them in finding the best insurance options. We represent the leading insurance companies of the country and our long years of experience and insurance expertise allow us to find the right insurance solutions for every client and every contingency. Our dedication to client service means that we do not limit ourselves to selling you insurance, we focus on giving you the best and most cost effective coverage so that you can live and work with the security of knowing that you are protected from earthquakes and other natural and manmade disasters. Why not visit our website at www.alliedbrokers.com to have a look at what we can do for you? The 'Contact Us' page provided all the information you need to get in touch with us. Or you could just ask for a free online rate quote. It's often not possible to prevent the worst from happening, but with Allied Brokers, you can always protect yourself from the consequences.