Protecting Your Employees

Worker’s Compensation Basics

As an employer, one of your main responsibilities is to make sure that your employees are protected from any danger on the job. However, no matter how many safety procedures you have in place, accidents will happen, which is why investing in the right worker’s compensation policy is so important.

Worker’s compensation will provide coverage for medical bills, rehabilitation costs, and lost wages that an employee incurs after they are injured on the job. In exchange for the coverage that is provided by the worker’s comp policy, injured employees waive their right to sue you after an accident.

Worker’s compensation is required for any business that has employees, no matter if it is one employee or 100 employees. Not having the proper worker’s compensation coverage for your employees can lead to heavy fines, as well as the responsibility to pay for the medical bills of an injured employee out of company funds.

Taking the proper steps to ensure that all of your employees are safe while at work can help to keep the cost of your worker’s compensation policy as low as possible. Provide the right training for employees throughout their employment and make sure that they have any necessary safety equipment to help prevent injuries. You should also do all that you can to reduce the risk of slips and falls, including keeping floors dry and provide adequate lighting.

To ensure that your employees and company are protected with the right business insurance policies, contact the insurance professionals at Mayer Insurance in Apple Valley, Minnesota. As an independent insurance company, we will work with you to make sure that you have the protection that you deserve, all at the right price to fit your company budget.