Workers' Compensation

What is Workers' Compensation Insurance?

Workers’ Compensation insurance, also known as "Workers’ Comp," is a government-mandated insurance program that provides benefits to employees who have been subject to work-related injuries or illnesses.

Workers' Compensation provides wage replacement, medical benefits and rehabilitation costs to employees who are injured or become ill on the job or as a result of their job. It can also provide death benefits in the even of a fatal injury during employment.

Who is required to purchase Workers' Compensation?

Most states require businesses to purchase Workers' Compensation for their employees. Each state has its own respective Workers' Compensation rules and regulations.

Employers should understand Workers’ Compensation coverage requirements to ensure that they are complying with the law. Failure to have Workers’ Compensation insurance puts employees at risk and subjects employers to penalties and stop work orders.

What are some Workers' Compensation benefits?

Workers' Compensation can protect both business owners and employees by providing the following benefits after a work-related injury or illiness:

• Medical Expenses from a Work Related Injury or Illness
• Ongoing Therapy or Care of an Injured Employee
• Lost Wages
• Disability Benefits
• Physical Therapy
• Vocational Rehabilitation
• Death Benefits/Funeral Costs

Contact an insurance agent for more information

For more information on how Workers' Compensation insurance can benefit your business, you should consult with an insurance agent. Contact us and we can help you find an insurance agent in your area.