What Is Workers’ Compensation Insurance?

Workers’ compensation insurance is a benefit that protects both your business and your employees. This coverage pays benefits to workers injured on the job, including medical expenses, lost wages, vocational rehabilitation, and death benefits. Not only does workers’ compensation coverage benefit your employees, but it protects your business financially against potential claims.
man laying on the ground holding his shoulder

man laying on the ground holding his shoulder

Workers’ Compensation Insurance
Workers’ compensation insurance is an essential coverage option that protects against financial loss in case an employee is injured while at work. Coverage could help your business and your employees by covering:

Lost wages if your injured or ill worker needs time off from work while they recover

Medical expenses to treat your injured or ill employee
Vocational rehabilitation if your worker needs ongoing care to help them get back to work
Death benefits if a worker passes away in a work-related incident

Not every workplace injury is covered under workers’ compensation, including incidents related to the following:

A fight or other intentional incident caused by your employee

An injury caused by an employee who is intoxicated
An incident that took place during your employee’s commute to and from work

How Does Workers’ Compensation Insurance Work?
If one of your employees suffers a work-related injury or illness, your insurance provider covers the associated costs. The critical step is filing a claim. You should report a workplace injury or illness with your insurance company if:

The injured person is an employee of your business

Your employee became sick due to their work
The employee gets injured because of work-related duties

There is some general information you will need before filing a claim, such as employee information, company information and details of the incident. Once you have this information, file the claim immediately with your insurance provider. Be sure to contact your agent at Ed Weeren Insurance Agency with any questions about this process.

Contact Us Today
At Ed Weeren Insurance Agency we want to provide the best coverage options for you and your business. Contact us today to speak with one of our agents about workers’ compensation insurance.

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