Workers' Compensation FAQs

Workers’ Compensation Insurance (workers comp) is designed to protect workers from the expenses associated with workplace injuries or illness. Typically the coverage requirements and rates are set by each state where business is conducted.

In most cases, the injured employee will receive benefits no matter who is at fault for the injury or illness as long as it is found to be job-related. There are two distinct advantages for providing workers' compensation even if not required by your state's Department of Labor:

1. Your employee’s medical expenses and lost wages will be paid by the insurance carrier up to the limits of your policy.
2. Your employees will not be allowed to sue your business for injury or illness expenses since you are providing workers’ compensation coverage at no charge to them.

Although most employers and employees are aware of the need for workers’ comp, many are not aware of the specifics of the coverage provided. READ MORE