accidents happen, get the coverage your employees deserve.
What is Workers' Compensation Insurance?
Workers' compensation is a form of occupational injury insurance that business owners can purchase to protect workers from medical expenses from injury or illness that stem from their activities or time in the workplace. The coverage is also designed to protect your company from lawsuits filed by employees. If one of your employees is injured at work, your workers' compensation insurance can pay for the costs associated with their injuries or illnesses. Whether your company is required to have this coverage by law depends on the state or states in which you operate. Many states do mandate some level of coverage.
Claims may be denied for the following reasons:
1. Self-inflicted injuries.
2. Injuries that occurred while an employee was committing a crime.
3. Injuries incurred while an employee wasn’t on the job.
4. Injuries that occurred as a result of an employee’s conduct that violates company policy.
If a workers' compensation claim is determined to be valid, the benefits will cover for lost wages and medical costs. Workers' compensation can also provide coverage for physical rehab, but that typically depends on the employer and the policy that is in force. If an employee is killed on the job, workers' compensation can provide benefits to any dependents of the employee.
Knowing the level of coverage that is required in your state and making sure that your company is compliant is a fact of life for every business owner. But we can make picking the right policy and getting the right coverage easy. We will review your company's needs, explain the options, and build a policy designed specifically for your business. Plus, our access to the nation's best carriers means you'll get the policy you need at a price you can afford. We look forward to serving you!