Workers’ Compensation

Regardless of the safety programs and precautions you put in place, there will always be a risk of injury and illness in the workplace. Worker’s compensation insurance can help provide coverage if one of your employees has a work-related injury or illness. Without coverage, you could face paying the medical costs out-of-pocket for your employees and even risk facing legal charges if such coverage is required by state law. At Ed Weeren Insurance Agency, Inc., we want to help keep you and your employees safe by properly insuring your business.

How Does Workers’ Compensation Work?
Workers’ compensation help protects you and your employees. Coverage is required in most states but varies from state to state. A workers’ compensation policy provides coverage for the following:

Medical treatment
Lost wages
Death benefits
Disability benefits
Vocational rehabilitation

If an employee is injured or sick, they should report it promptly to file a workers’ compensation claim. Once the claim is filed, the insurance company will review the claim to see whether they will accept it or deny it. Once the claim is approved, the care will be covered. There are certain situations in which coverage will not be provided to an employee, including:

If your injury or illness is not work-related
If you sustain injuries in a car accident during your commute to and from work
You intentionally hurt yourself

Workers’ compensation insurance does not cover every injury or illness, so be sure to connect with an agent if you have questions about what should be filed as a claim under your policy.

How Much Does Workers’ Compensation Insurance Cost?
The employer pays workers’ compensation insurance provided to the employee. The cost of worker’s compensation insurance varies but is determined by the following factors:

The industry your business is in
The number of employees you have
The size of your payroll
Claims history

Get Started Today
At Ed Weeren Insurance Agency, Inc., we want to help you receive the coverage you need to help keep those at your workplace safe. Reach out to an agent today for further information or if you’re looking to obtain coverage.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Don’t hesitate to contact your insurance professional for further information.

No Comments