How does workers compensation insurance work?
Employers provide coverage for the cost of work-related injuries or occupational diseases, regardless of employee negligence.

An employee can only receive benefits if their injury or illness relates to their job duties or employment. Workers comp insurance could cover injuries caused by lifting heavy equipment, slipping on a wet or oily surface, or sustaining injury due to other circumstances.

Keep in mind, workers comp insurance protects not only your employees but your small business too. For example, if your insurance is compliant with state law, an employee who receives benefits can’t sue you for their injuries or lost wages.

They can, however, sue you for things that aren’t covered under the workers comp portion of your policy. Employer’s liability insurance is also included in your policy to pay for court costs and legal fees if you’re involved in such a lawsuit.

Discover how Conway Financial can assess these and other factors, to compose the best workers compensation plan for your business.