The new Raley, Watts & O’Neil 1099 program is customized to fulfill a wide range of special insurance needs for the Federal Government Contracting sector. The program is tailored to the industry-specific requirements for industry, business and primes. The new offering obtains optimum pricing through the collective power of RWO’s group purchasing program. What’s more, turnaround time is fast, often 72 hours or less. RWO’s carriers have an increased understanding of the defense industry and underwriting guidelines are much broader due to the trust that RWO has built with these carriers. Some of the specific coverages addressed in the program include Defense Base Act insurance, International Liability insurance, and Business Income insurance for SCIF sites. For those who have a water exposure or perform work on a ship/boat, the program provides an optional Marine Employers Liability insurance that is compliant with the Jones Act and DFAR regulations RWO encourages its clients to consider Professional Liability insurance as well, otherwise known as Errors & Omissions insurance. Professional Liability is increasingly becoming a required coverage of many larger prime contractors. Insurance for a 1099 FGC contractor is very affordable and easy to put in place. A 1099 contractor can obtain a quote on insurance by contacting […]
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