Is a form Of insurance providing wages replacement and medical benefits to employees injured in the course of employment in exchanges of mandatory relinquishment of the employee’s right to sue their employer for the tort of negligence. Worker’s compensation is a state mandated insurance, State laws require most employers to carry Workers’. Comp Insurance in case employees are hurt on the job. Generally, every W-2 employee is entitled to Workers’ Comp benefits. It usually covers the following: Medical costs to treat immediate injuries and illnesses. The employees lost wages while unable to work. Ongoing care such as additional surgery, rehabilitation, visits to specialists, etc. Funeral costs, death benefits and legal costs if an employee or spouse sues you for the accident.
There are several things that Workers’ Comp doesn’t cover, such as safety improvements, OSHA penalties, injuries to a customer, or wages for a replacement employee. We can design a policy to satisfy your unique needs.