Workers’ Compensation Insurance for Your Business
Carrying Workers’ Compensation Insurance (also known as Workers’ Comp Insurance) for a Business is not only generally required by law, but it is also an extremely important coverage type to have to protect you and your employees.
So what is the purpose of Workers’ Compensation Insurance? A Workers’ Comp policy will provide coverage in the event an employee becomes ill or injured on the job to cover medical costs, a percentage of lost wages, and protection in court in the event an employee sues you over workplace conditions causing the illness/injury.
What is covered? A worker’s comp claim generally provides coverage if an employee develops an illness or is injured due to their work duties. Some common examples of when injuries may be covered would be an employee cutting their hand using a tool or hurting their back while lifting a box.
Why Is Workers’ Compensation Insurance Essential for My Business?
Workers’ Compensation Insurance provides coverage if an employee is injured or becomes ill while performing job duties. It helps pay for medical costs, a portion of lost wages, and even legal protection if an employee sues over workplace conditions. Since it’s required by law in most cases, this policy safeguards both your employees and your business.
Protect Your Employees & Business with Coverage for Workplace Injuries, Illnesses, and Lost Wages.
Medical Expenses
Covers employee medical costs for work-related injuries or illnesses.
Lost Wages
Provides partial wage replacement when employees can’t work due to injury or illness.
Workplace Injury
Protects against common job-related accidents, from cuts to back injuries.
Legal Protection
Includes coverage if an employee files a lawsuit over workplace conditions.
