Hi! I'll help you put together a business insurance application. Tell me about your business in a sentence or two: what you do, where, and how big.
Red Oak Learning Center is a preschool and daycare in New Jersey with 7 employees, operating for 8 years. We are licensed for 6 children, we transport kids, and we have 6 business vehicles.
What is your annual revenue for the business?
I’m not sure of the exact annual revenue. I can discuss other details if that helps.
What’s your annual revenue for the business?
I’m not sure of the exact annual revenue for Red Oak Learning Center.
How many insurance claims has Red Oak Learning Center filed in the last 3 years?
Zero claims in the last 3 years.
Is the daycare licensed by the state where it operates?
Yes. Red Oak Learning Center is state-licensed in New Jersey.
Is there a swimming pool on your property?
No, there is no pool on the premises.
Here's what I have:
- What the business does: preschool and daycare
- Industry: daycare
- State: NJ
- Employees: 7
- Annual revenue: not known (a broker will follow up)
- Business vehicles: 6
- Claims in last 3 years: 0
- Years in business: 8
- Business name: Red Oak Learning Center
- Licensed capacity (children): 6
- State licensed: Yes
- Transports children: Yes
- Pool on premises: No
Is everything correct? Reply yes, or tell me what to change.
Not quite—please change "Business vehicles: 6" to "Business vehicles: 1." All other items look correct.
Here's what I have:
- What the business does: preschool and daycare
- Industry: daycare
- State: NJ
- Employees: 7
- Annual revenue: not known (a broker will follow up)
- Business vehicles: 1
- Claims in last 3 years: 0
- Years in business: 8
- Business name: Red Oak Learning Center
- Licensed capacity (children): 6
- State licensed: Yes
- Transports children: Yes
- Pool on premises: No
Is everything correct? Reply yes, or tell me what to change.
Yes.
Thanks, your application is complete. A licensed broker will review it and follow up with quotes.