COVID-19 Agency Update – ISSUE II
Dear Clients, Partners, Friends, and Family,
Last Thursday we put out our first agency COVID-19 report, notifying clients, partners, friends and family of key news and updates pertinent to their business and person. Only a week has gone by now and there have been so many changes, and developments. We are seeking to provide you with additional critical up to date information and news. As we recommended in last weeks news letter many have filed with the SBA for their disaster assistance loan.
Last night the US senate passed the CORONAVIRUS STIMULUS spending bill releasing funding to small business owners and others alike. It has been reported, those funds could start to go out as early as next week. It is also being reported that small businesses who receive loans, and retain their employees, will receive debt forgiveness on their loans.
This is going to be incredibly helpful for so many businesses. If you haven’t looked into these loans, we are providing additional resources here. Here is a quick snap shot of the loan comparisons out there for COVID-19 relief we also have CDC link below. [CDC loan snap shot]
-We want to encourage you to visit our website for updates on COVID-19 resources. We will be updating the page daily.
WE ARE SAVING NEW CLIENTS CRITICAL NEEDED MONEY $$$
Is your current agent reviewing your sales, and payroll during this COVID-19 epidemic? We work with over 8 industries in business insurance. Call us today. Ask us to help you review your sales and payroll that may directly impact your current rates.
ASK FOR JOSH EMERSON.
STONEHOUSE DIRECT 951-760-9429
There are many assumptions in the marketplace of COVID-19 related claims being covered and people dangerously speculating such.
We have outlined in the below notice to call our agency to help you file a claim. No agent can give that certainty to a customer of whether a claim is covered. All claims should be reported and handled on the insurance company level. What most carriers are offering right now, is relief on your policy billing payments, and deferments of payments.
Please call us if you have any questions.
COVID-19 AND INSURANCE
Many client’s have questions about how COVID-19 is being looked at from an insurance front. Please call us directly, that we may discuss your individual needs. While we are not claim adjusters, we encourage clients who have been affected by COVID-19 to start the process of submitting a claim on their insurance immediately.
STONEHOUSE DIRECT 951-760-9429
SENATE BILL DETAILS
SENATE PASSES CORONAVIRUS STIMULUS BILL: HERE’S WHAT THE RELIEF LOOKS LIKE
SBA LOANS AND DISASTER LOAN PROGRAMS
We are working hand in hand with local experts who are helping provide solutions to our business clients. The SBA has put out a special disaster loan for business owners and individuals around the nation, and also specifically in Riverside County. Please refer to the SBA website for immediate filing, IF YOU ARE STRUGGLING in getting the help you need call us that we may refer you to a local SBA banking specialist.
ADDITIONAL LOANS AVAILABLE
Outside of the SBA disaster loan program, there are a number of other loan options available to business owners through the CDC.If you have filed with the SBA disaster loan program already, you can also still file for other loan options at the same time with the CDC. >>>[CDC WEBSITE]<<<
US DEPT OF LABOR NEW GUIDELINES FOR EMPLOYERS!
A New Mandatory Workplace Poster has been released by the federal government regarding Coronavirus. Each employer must post a notice of the Families First Coronavirus Response Act (FFCRA) requirements in a conspicuous place on its premises. An employer may satisfy this requirement by emailing or mailing this notice directly to employees, or posting in their workplace. Here is the direct link to the poster: