Workers' Compensation Overview
The workers’ compensation environment is growing increasingly complex and challenging as new issues continue to arise. Prescription drugs, marijuana legalization, an aging workforce, and a stream of legal and regulatory changes are all contributing to more complex claims.
Workers' compensation is typically a mandatory type of business insurance that protects employees who become injured or ill while on the job by providing medical coverage and income replacement. It also protects employers who are being sued by employees for workplace conditions that cause work related injury or illness.
Injuries cost small businesses in lost productivity. Without insurance, those costs would be compounded by employee medical expenses and missed wages. You can feel confident with proven and efficient claims handling from a team of insurance professionals who know your business and your risks.
What can workers' compensation do for my business?
Workers' compensation not only offers valuable coverage for employees who are injured on the job or while performing work-related duties, it also protects your business! Workers' compensation can:
- Pay for medical expenses.
- Provide a portion of lost income.
- Protect you from lawsuits filed by employees injured on the job.