Protect Your Company and Your Employees with Workers’ Compensation Insurance
Employees and employers alike are familiar with the term workers’ comp. It offers extra peace of mind for employees because they can receive benefits for work-related injuries and illnesses. Employers can rest easier knowing they cannot be easily sued for workplace accidents if a team member receives benefits. The fact is that accidents on the job will happen. When they do, you need the right protection and coverage.
At the Business Insurance Center, our team understands the importance of safeguarding your business and employees. Workers’ compensation insurance is mandatory in most states. Why put your company at risk? Our countrywide network of experienced professionals works with you to assess your needs and get you the protection you need.
Understanding the Basics to Decide on the Right Policy and Plan
This type of coverage has been available for over 60 years. The primary function is to provide wage replacement and medical benefits to your employees if they are injured at work. In exchange for these benefits, they will usually relinquish their right to sue you for negligence.
Depending on the laws in your state, there may be different requirements. In general, having this coverage is helpful when you have employees, are in an industry with occupational hazards or illnesses, or your business is located in a state where it is mandatory.
Types of Claims that May Be Filed
If your employee is acting within the “course and scope” of employment when they sustain an injury, they may be able to receive benefits. Here are some types of claims that can be filed:
- Accident/Injury: Medical expenses and a portion of lost wages will be covered if an employee is injured while on the job. For example, many of the most common claims are during traffic accidents. This does not include daily commutes.
- Occupational Illness: Certain industries are at higher risk of occupational illnesses. Think about the office employee who develops carpal tunnel from constant computer use. Or a welder who is exposed to heat, light and metal filings on the job.
- Repetitive Stress Injury: Some jobs use continuous, repetitive motions which can cause physical injuries. This can happen to an office worker using a computer or a warehouse employee repeatedly lifting heavy boxes.
- Disability: If an employee becomes injured to the point they cannot come back to work, workman’s comp will kick in and pay their medical bills and a portion of their wages. This could apply to a team member who gets caught in a forklift accident resulting in the loss of their arm.
Protect Your Company with the Assistance of a Trusted Business Insurance Broker
Get the peace of mind you need and the protection your employees deserve. Talk with an experienced broker to get the best protection and rates for your industry and state. Business Insurance Center helps all sizes of businesses, as well as, self-employed individuals and entrepreneurs. Our network of brokers is glad to offer advice and customize a package for you. Experience quick response times and outstanding customer service when you reach out to us today.
Request a quote for Workers’ Compensation Insurance or call a location near you to speak with a knowledgeable and experienced broker at the Business Insurance Center. We have a 24/7 call center to serve you.