COVID-19 TIPS AND LOCAL BUSINESS RESOURCES

 

With the corona-virus crisis, we are all experiencing a noticeable, impacting change in our communities and in our workplaces and Consultative Insurance Group is committed to providing the best possible service to our clients and staff in the interim. Over the next few days and beyond, we will provide resources and updates related to businesses for both Ohio and South Carolina on this page. 

(DISCLAIMER: Keep in mind, we will continue to remain a helpful community resource, particularly during this time, but this page should not be relied upon as an authority for COVID-19 information and precautions. Please review guidance from government organizations and your medical professionals as events unfold.)




Insurance is deemed essential, Consultative Insurance Group is here for you.  All our physical office locations are closed, but our entire team is working remotely and are available during our normal business hours:  Monday - Thursday, 9:00 A.M. to 5:30 P.M. and Friday, 9:00 A.M. to 5:00 P.M.

We are available via telephone or email only.  Please email: service@consultus4ins.com, visit Our team or call 1.800.886.0305.


Non-Surgical Grade Masks:

Zoombang Protective Gear -- Face Mask (Pack of 2)  - These are not surgical grade masks, however, these are the same material that the CDC approves for firegear.  Visit the Zoombang website to learn more about the masks and how to purchase them.


CARES Act:  (Assistance for Small Businesses)

The CARES Act (Coronavirus Aid, Relief, and Economic Security) was signed on March 27, 2020 and was designed in part to provide financial resources to Small Business Owners seeking support due to COVID-19.  The new provision in the CARES Act, called the Paycheck Protection Program, makes $349 Billion of funding available through the Small Business Administration (SBA).  The loans will be forgiven if certain conditions are met. 

Paycheck Protection Program:

Who can apply:  Businesses with fewer than 500 employees, including non-profits, veteran organizations, tribal concerns, self-employed individuals, sole proprietorships and independent contractors.

When to apply:  Starting April 3, 2020, small businesses and sole proprietorships can apply.  Starting April 10, 2020, independent contractors and self-employed individuals can apply.

Available loan amounts:  Loans can be for up to two months of average monthly payroll costs from last year plus an additional 25% of that amount up to a maximum of $10 Million.

What it can pay for:  Monthly expenses like payroll (including benefits), interest on mortgage obligations, rent and utilities incurred from February 15, 2020 through June 30, 2020. 

Loan Forgiveness - General Guidelines:  The loan will be forgiven if:  1) the loan amount was only used for payroll costs, mortgage interest, rent and utilities payments over the 8 weeks after getting the loan.  2) the borrower maintained staff and payroll (ie: did not decrease full-time employees headcount and/or did not decrease salaries/wages by more than 25%) The borrower has until June 30, 2020 to restore full-time employment and salary levels for any changes made between February 15, 2020 and April 26, 2020. 

Apply Now:

A small business owner can apply through any existing SBA lender or through any federally insured depository institution, federally insured credit union and Farm Credit System institution that is participating.  Be sure to ask the lender if they are participating. 

To access approved SBA lenders in your area, click here.

To download a Paycheck Protection Program (PPP) application, click here

To get a more detailed explanation of the Paycheck Protection Program, click here.


COMPANIES HIRING:

Pharmacies

Teleworking Software

Grocery Stores (large and small)

Tech Support

Amazon

Delivery


Facebook Grants: 

Facebook is offering $100 Million in cash grants and ad credits to help during the disruptions to business during the global outbreak of COVID-19.   Who is eligible to apply?  Have between 2 and 50 employees, have been in business for over a year, have experienced challenges from COVID-19, and be in or near a location where Facebook operates. Click here to see available locations.

Other Facebook Business Resources, click here.

United Way COVID-19 Community Economic Relief Fund:

There have been shared posts via Facebook about this Relief Fund, with a telephone number.  The number 1-866-211-9966 is ONLY for Indianapolis.  If you want to know more or find out who you need to contact to either donate or receive, please click here. 

Other resources:


Transportation Security Administration - Confirmed Cases with the past 14 days.  Click here if you have recently traveled and may have come in contact with a TSA employee who contracted COVID-19.

Federal Aviation Administration - Updates

U.S. Customs and Border Protection - Updates

How to protect yourself or what to do if you are sick with Coronavirus (COVID-19) - Click here

Coronavirus Rumor Control - Click here to help distinguish between rumors and facts regarding the COVID-19 pandemic.


Nationwide has taken actions

Nationwide is sharing the following policies and procedures which have been modified to respond to customer needs during this difficult time.

Restaurants and Retailer exposures

Customers may be incurring new exposures in an attempt to remain viable. Nationwide will provide coverage for existing restaurant and retailer exposures who now engage in food delivery due to COVID-19 restrictions.

  • Business Auto
    • Insured coverage for restaurant delivery will be written under the Business Auto policy
    • Restaurant risks that utilize third party delivery (Uber Eats, Grub Hub, Door Dash, Postmates, etc.) are eligible for coverage
  • BOP/Package
    • If the insured has BOP or Package coverage but no Auto coverage, a Business Auto new business submission will be required
    • Multi-Line Restaurant and Retailer risks that began engaging in limited delivery due to COVID-19 restrictions are eligible
  • Loss Control - Nationwide encourages customers to incorporate one or more of the following forms into their company's driver safety program.
    • Safe Driving Commitment Form (Non-Owned Vehicle Operators)
    • Non-Owned Vehicle Driver Safety Orientation Checklist
    • Non-Owned Vehicle Authorization and Operation Form
    • Vehicle Inspection Report Form

Mid-Term Changes

Customers may be experiencing rapidly changing exposure levels. 

  • Examples that may reduce premium that do not impact coverage:
    • Adjusting Worker's Compensation, Business Owners Policy and General Liability estimated exposures.
    • Adjusting exposure basis for actual loss sustained coverages.
  • Examples that may reduce premium that do impact coverage:
    • Increasing deductibles
    • Suspending Collision coverage
    • Reducing coverage limits








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