Worker’s Compensation Insurance

UNDERSTANDING WORKERS COMPENSATION INSURANCE

Worker’s Compensation Insurance provides state-required coverage for all employees, full or part-time. It provides medical care and lost wages for workers who are injured or become ill as a direct result of their jobs.

business owners insurance

Areas Covered by Workers Compensation Insurance

Z

Medical Bills

Provides coverage for medical care as a result of a work related injury

Z

Lost Wages

Provides reimbursement for lost wages due to a work related injury

Z

Disability Benefits

Benefits available for a partial or full disability

Who Needs Workers Compensation Insurance

Any employer who has full or part time employees. Most states require that all employers provide this protection for their employees

Any business owner who does not have their own medical coverage and is concerned about sustaining a work related injury

Sub Contractors who are required to provide proof that they carry their own coverage

What to Consider Before Purchasing

  • Total annual payroll estimated for all employees
  • What jobs do the employees perform?
  • Owners want or need coverage for themselves?
  • Do their subcontractors have their own workers compensation coverage?