Workers’ Compensation Insurance
Workers' Compensation insurance provides both medical and lost time benefits to employee for any injury or disease arising out of or in the course of their employment. As a business owner, you're required to have workers' compensation insurance (also referred to as workman's comp insurance) in order to comply with state and federal regulations.
Workers' comp is a process available to get an injured worker back to the workforce as soon as possible. It provides the employee with the reassurance that if an on-site accident was to occur, they would receive appropriate medical protection. Workers' compensation insurance is written to conform and comply with the laws of the state in which it's written. Most states mandate that any person or entity that employs at least one person must secure this coverage.
Employer's liability is automatically included as part of workers' compensation insurance and responds to any common law liability that may be imposed upon an employer outside the provisions of a workers' compensation law. Coverages include:
- Medical expenses
- Lost income/wages
- Rehabilitation costs
- Death benefits
- And more...
Our risk management team has extensive knowledge to evaluate distinct risk exposures - and can develop effective coverage strategies for your business. We can help tailor the coverage to protect your employees in the event of injury or illness during the course of employment. Let us evaluate your business and determine exactly what's needed to adequately protect you and your employees.