What is Workers’ Compensation Insurance?

Workers' compensation insurance is a crucial coverage designed to protect both your business and your employees. This insurance helps protect your business from the potential financial impact of an employee becoming sick or injured due to job-related circumstances. Workers’ compensation insurance provides benefits to employees who experience job-related injuries or illnesses, covering items such as medical expenses and lost wages.

 

 

 

Why does my business need this coverage?

It is a serious financial risk to operate a business without a workers’ compensation insurance policy protecting your company. Additionally, most states require employers to carry this insurance by law. Even if your business does not currently have employees, workers’ compensation insurance is still an important coverage for both contract compliance and the hiring of future employees.

 

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