What Employers Need to Know About Workers’ Compensation

Workers’ compensation insurance is designed to protect employed individuals who get sick, injured, or killed on the job.

Every business has its own unique set of risks and dangers when it comes to employees working, therefore, every business owner should know what workers’ compensation insurance can do for the business and employees! Your business is 100 percent responsible for providing workers’ compensation benefits so it’s important to ensure it is quality coverage.

Workers’ compensation protects workers from workplace injuries, repetitive stress injuries, and occupational diseases.

This coverage can help your business pay for:

  • Work-injured employees’ medical and recovery expenses
  • Replacement wages when employees can’t work because of a covered injury or illness
  • Dependent support payments and funeral expenses when fatal occupation injuries occur
  • Liability expenses when your business is sued over work injuries.

Employees who are injured or disabled on the job receive a fixed monetary reward and, in exchange for the acceptance of this aid, cannot sue the business.

Most injuries that occur on the job are covered by workers’ compensation on a no-fault basis. This means that benefits are paid regardless of who is to blame for the accident or injury unless the employee’s conduct violates company policy. In this case, coverage may be excluded. Coverage can extend to an employee traveling on company related business, running a work-related errand, or attending a business-related social event. With these events included in the insurance, make sure that your business has quality coverage.

At Mayer Insurance, we provide each business with the workers’ compensation insurance that is suitable to protect your company and employees! We serve Apple Valley and the surrounding areas of Minnesota, so get started on your policy by contacting us now! As well as business insurance, we provide personal and commercial insurance so you can manage all of your policies in one convenient entity!