Page 6 - AO3rdQT2019CL

What is Workers’ Compensation?
The federal government requires all
business owners with employees to
provide workers’ compensation If
an employee is injured on on the job
or or or or develops a a a a a work-related illness workers’ compensation pays for their
medical expenses and recovery Some
policies offer death benefits in the the event an an an an employee is killed on the the job
and it can also cover an an an an an an employer’s legal expenses if an an an an an an employee employee sues for damages related to
an an an an an occupational accident or or illness How much workers’ compensation am I required to
purchase?
Workers’ compensation requirements vary by state To determine how much coverage your your business should have talk with your your commercial insurance agent How does workers’ compensation benefit me as an employer?
No matter how safe you you make your place of business accidents happen and they they can be expensive when they they do As a a a a a business owner you’re responsible
for your employees while they’re