Workers’ compensation insurance is a type of coverage that provides benefits to employees that are injured while they are at work. In exchange for this compensation, the employee is not allowed to sue their employer.


New York workers compensation insurance only covers work-related injuries and illnesses.  Compensation is typically used for medical expenses, pain and suffering, and lost wages. It is important to remember that an employee is eligible to receive these benefits regardless of whether or not they were at fault for the accident.


Situations Where Benefits Don’t Apply


Although New York workers compensation covers all work-related accidents, there are some situations where benefits cannot be obtained. For example, an employee may lose their right to these benefits if the accident was caused by drug or alcohol use, they inflicted the injury purposefully, they violated company policies, or they claimed they were injured after being terminated from their position.


Make Sure Your Business Is Protected


Obtaining a workers’ compensation policy is a wise-investment. Not only may you be faced with fines and penalties as a result of not having this coverage, but your business may suffer legally and financially without these benefits if an employee ever brought a lawsuit before your business. If you have one or more employees and you do not have workers’ compensation coverage, make it a priority to obtain a policy as soon as possible.


photo credit: stavos cc
What Does Workers’ Compensation Cover?