KEEPING YOUR EMPLOYEES SAFE
As a conscientious business owner, keeping your employees safe at work is a priority. But even the safest and best run facilities occasionally have an injury incident. And when a worker does suffer an injury, workers’ compensation coverage provides your employees with protection they need, and provides you with peace of mind that they’ll be covered.
Workers’ compensation insurance is often mandatory for many businesses if they have employees, no matter what types of work are performed. It covers medical costs and a portion of lost wages for employees who become injured or ill on the job.
Protecting your Business & Employees
While such insurance may sound like a luxury you can’t afford as a small-business owner, imagine having to pay for a slip-and-fall accident or a case of carpal tunnel syndrome straight out of your business checking account.
Workers’ compensation insurance is a good thing for you, and your employees.
Workers’ comp insurance may also protect you from being sued by employees for workplace conditions, if a court finds your company liable in causing an injury or illness to your employees.
What if it’s caused by employee carelessness?
Under normal circumstances, fault does not matter in a workers’ compensation claim. And each state has its own workers’ compensation system, which is a mandated program to compensate employees who are injured in a workplace accident or rendered ill because of the job.
It’s designed to ensure payment by employers for some part of the cost of injuries, or in some cases, of occupational diseases, received by employees in the course of their work.
Workers’ Comp Insurance Basics
Since workers’ comp insurance typically only covers injuries or illnesses when they occur as a result of duties performed on the job or while at work, the scope of the coverage of the policy is limited to work duties performed by employees.
Since workers’ comp insurance typically only covers injuries or illnesses when they occur as a result of duties performed on the job or while at work, the scope of the coverage of the policy is limited to work duties performed by employees.
Workers’ Compensation Insurance may cover:
- Medical bills for employees hurt or sickened at work.
- Ongoing care, including rehabilitation.
- Wages missed while recovering (often partial).
- Employee lawsuits over injuries (through Employer’s Liability Insurance).
- Death benefits to support the deceased’s family.
Workers’ Compensation Insurance does not cover:
- Third-party lawsuits.
- Lawsuits over professional errors.
- Wages for a replacement worker.
- Parental leave benefits.
- OSHA penalties.
Worried about the cost?
At Graham, we specialize in covering local businesses like yours. We have everything you need right here, including:
- Monthly payment options to help spread out your payments so you can better manage your cash flow.
- Coverage of temporary staff, full-time employees, and independent contractors
- Tailored coverage for the specific risks of your field and industry
- Coverage for contracts satisfying most standard contract insurance requirements
- Fast and simple online quotes, or work with our helpful agents to secure immediate coverage.
The Graham Insurance Difference
While most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you.
We’re your neighbors. We protect businesses and people we know and care about, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.
Contact us and let the professionals at Graham help you forge the strongest shield possible to help you protect the things you are working hard to build.
