Workers’ Compensation is protection, mandated by state law, for a worker against injury and death occurring in the course of employment. Workers’ Compensation Insurance provides loss of income protection and medical benefits to an employee who is injured as a result of a work-related incident.
Workers’ Compensation Insurance is intended to be the exclusive remedy for the injured employee. The employee receives weekly indemnity payments to provide for loss of income while he is out of work. He also receives medical benefits to pay for the cost of medical care needed as a result of his injury. The employee receives these benefits in exchange for forfeiting the right to sue the employer. Thus the employee receives lost-time and medical benefits and the employer receives immunity from court actions by the employee.
Whether your company is large or small, we can help you structure your Workers’ Compensation Insurance to best benefit your particular needs. We have experience in assisting clients to turn around their experience modification factors.
Contact us today to discuss your particular needs and get a FREE quote.