Workers Compensation Insurance Protects The Employer
Workers Compensation insurance pays benefits to your employees if they are injured while on the job. Specifically, it covers their medical bills, a portion of lost wages, vocational rehabilitation and death benefits.
Who Needs Workers’ Compensation Insurance?
Most states require by law that employers provide workers’ compensation benefits. Failure to carry workers compensation insurance exposes the employer to paying what the insurer would have paid, plus severe fines, and possibly even jail time for violating the law. The employer has a legal duty to make sure employees get the legally mandated benefits without delay.