Most business owners understand the importance of workplace safety and do everything they can to protect their employees from injury. Workers’ compensation is an important part of running a responsible workplace. Most businesses that have employees are required to purchase workers’ compensation insurance.

What is workers' compensation insurance?

Workers’ compensation insurance covers employees in the event of injury or disease while on the job. Depending on the type of workers’ compensation, plans can help cover many costs including medical bills, lost income, rehabilitation, and death benefits.

Workers’ compensation insurance has a long history. It was adopted by most states at some point in the early 20th century. The system addresses both the needs of employee and employer. Employees receive timely medical treatment regardless of fault, and employers are protected from getting sued.

Do I need to purchase workers’ compensation insurance?

For most businesses, providing employees with workers’ compensation coverage is required by law. There are stiff penalties for failing to provide coverage. Fines of up to $2,500 per day and class D felony chargeswith at least one year minimum jail time face employers who ignore the law. It is illegal to fire an employee injured on the job, or an employee seeking workers’ compensation.

Depending on where your business is located, companies with one or more employees will need to purchase workers’ compensation insurance. Employees can choose to opt out workers’ compensation insurance, but companies are legally required to offer it.

How does workers’ compensation benefit employers?

When employees are injured or get sick on the job, workers’ compensation covers costs such as medical bills, permanent disability, and some lost wages. In turn, employers are protected from the hassle and costof lawsuits and employee disputes. Smart business owners know that good employees form the core of their company. They also know that workers’ compensation is the key to maintaining a good working environment.

How can we help with workers’ compensation?

Our company can help find a workers’ compensation plan that is tailored to your business’ needs. If you are looking for worker’s compensation insurance, you should ask us for a free quote. If you have any questions don’t hesitate to contact us. With our expertise, our company can help you save money and find a workers’ compensation plan that suits your business’ needs.

For more information call us today at 888-438-2683 or click on the Apply Now! button at the top of the page for free evaluation.