Whether you have 14 or 140 employees, the development and implementation of a loss control program may be one of management's most important functions. Accidents, even those for which insurance is provided, may cut into the profits of your business.
There will always be an element of risk associated with any business operation, yet a portion of that risk can be reduced by putting the proper controls in place. A comprehensive loss control program can do just that.
All potential areas of loss should be included in the program. Your property, your customers' property and the safety of your employees and others should be included.
Most loss control programs are similar and usually contain the same basic components. Although each may vary in scope and complexity, they don't have to be elaborate to be effective. At the very least, the program should contain the following:
- A written safety policy statement.
- Accident investigation.
- Crime prevention.
- Fire protection.
- Employee safety.
- Vehicle safety procedures
- Self-inspection programs.
Call Hovey Kaiser Insurance for your free loss control kit. Ask for either Becky Hartwig, Lori Comerford, or Dawn Graham.