Frequently Asked Questions about Insurance

Here are frequently asked questions and their answers about Michigan Business Insurance.

I had access to a great insurance plan when I lived in a different state, why isn't that same plan available in my current state?

Currently, health insurance in this country is a state's issue and each state has varied laws that determine what plans and benefits can be offered and for how much. These limits and guidelines have a bottom line, or actuarial effect on the insurance companies, so they may not offer the same plan everywhere across the nation where they operate.

Can employees with preexisting conditions get into my company's group plan?

Under most circumstances, they can. There may be some limitations and waiting periods before they can be helped with their condition, however. In addition, those employees who have conditions that are expensive and being treated under your plan will definitely cause your premiums to rise when the next renewal period comes.

How much does it cost to get a quote for insurance through this site?

Absolutely nothing. Filling out our form in order to receive several insurance quotes that you can compare side-by-side is free of both obligation and cost to you.

Is MichiganBusinessInsurance.com an Insurance Company?

No. We do not provide any type of insurance for businesses or individual, rather we act as a referral source to a national network of insurance companies who are qualified to meet your insurance needs.

What factors will affect my business insurance premium?

There are many! The number of employees you plan to insure, what their age and gender makeup is, whether they have any preexisting conditions, what part of the state your business operates in. Even if you do, or do not, currently have an insurance plan. These and many other factors will have a determining role for the underwriters to decide how much premium you will be charged for insurance.

Do I have to be a Michigan Business Owner to get a quote through this site?

No. Though the information on this site is geared toward the Michigan business professional or individual, you can, whether you live and do business in another state, or are simply an individual looking for your own plan, get a quote for an insurance policy through this site.

Can I get a quote for my employer through this site?

You can get a quote, but without specific information that only your employer is likely to know, there is no guarantee that the quotes will be accurate to reflect the work situation. If you do get a quote for your employer's business, be advised that the quote is only an estimate and may not be binding once a qualified quote is issued directly to your employer.

Can my employer force me to sign up for the insurance plan they offer?

No. Doing so would be a violation of state and federal law. Your employer can offer any type of plan they want to their employees, but if they pressure you ore try to force you to sign up for a plan in order to meet a participation quota, you should firmly refuse and explain to them the possible consequences of doing so.