Business Line Insurance
Workers compensation is a
state-regulated insurance program that offers monetary
awards and benefits to employees who suffer from a work
related injury, accident or illness. Employees can
receive benefits for a wide variety of work related
injuries, including: back problems, eyesight
deterioration, falls, broken bones, lung disorders,
amputations; and cancer.
A work injury can be caused by any number of reasons, such as poor working conditions, heavy lifting, repetitive motions, defective machinery or exposure to toxic chemicals.
Since your compensation amount depends on having a work
injury lawyer in your corner, you want an attorney
committed to your success.
You will need to insure your employees against on-the-job injuries. Workers’ compensation is a system where the employee is not allowed by statute to sue their employer for on-the-job injuries; but, in return, the employer must participate in a system that provides nearly automatic payment to employee in case of injury for medical bills and damages.
There are many options for workers’ compensation
coverage. Some states allow an employer to opt-out of
the system if the employer is self insured, some run the
system through private insurers while others use state
agencies. Finally, some states, by virtue of case law or
statute, require additional insurance above workers’
compensation such as “stop-gap” coverage or “scaffolding
liability” as just two examples.