What is Worker’s Compensation Insurance?
Workers’ compensation insurance is a specific type of business insurance that helps business owners provide wages and medical benefits to employees who have been injured on the job. In most states, workers’ compensation is required by law.
As an employer, how do I obtain coverage for my company?
Employers can purchase worker’s compensation coverage from us, similar to how you buy personal auto or home insurance. The policy protects employees who work for that employer. If someone gets hurt on the job, the insurance company pays for lost wages, medical benefits, such as doctors’ appointments and medications, and other benefits to the employee.
How does Worker’s Compensation help the employees and the employer?
The injured employee can get back on the path to health and back to work by providing lost wages and medical benefits that might be necessary.
For businesses, the coverage allows the company to have the proper tools to keep your employees safe and the financial assurance of coverage when an injury occurs.