Unfortunately, employee injuries and workplace accidents happen. If your business lacks workers’ compensation, the money your employees receive for their injuries may come directly from your business’s accounts. Workers’ compensation insurance saves your company money in the long run and generally prevents your having to pay employees’ bills in the event of a work-related accident. The best way to avoid being caught in such a preventable situation is to talk with qualified workers’ compensation insurance brokers today.
What’s Covered Under Workers’ Compensation?
Any work-related illness or injury falls under most workers’ compensation insurance policies. However, the illness or injury doesn’t necessarily have to happen at the workplace. If employees are exposed to toxic chemical for an extended period of time and slowly develop an illness because of it, they can file a workers’ compensation claim. If they are injured while running a business-related errand, workers’ compensation should cover the incident.
What Benefits Are Available?
Most workers’ compensation policies include:
- Replacement income for injured employees
- Medical bills – including surgeries, prescription drugs, and doctors’ visits
- Vocational rehabilitation programs – including education, placement assistance, and on-the-job training
If you act in the best interest of your business and get workers’ compensation insurance, you will generally be spared the financial stress of having to take care of your employees while they recuperate. To find an insurance policy that’s right for your business, partner with trustworthy workers’ compensation insurance brokers.