What types of injuries or illnesses are covered by workers compensation?
Workers compensation covers a wide range of injuries and illnesses, including those related to workers’ manual labor, mental illness or stress resulting from work-related issues, occupational diseases, and more.
Do employers need to provide workers compensation?
Workers compensation is typically required by law for workers in most industries and is an essential insurance solution. By providing a safe work environment for your employees and ensuring that they receive the benefits they need if an injury or illness occurs, you can help protect your organization. Without work comp, you could have to pay out of pocket for workers compensation claims or other work related injuries.
How much does workers compensation cost?
The cost of workers compensation insurance depends on a number of factors, including the type and size of your organization, and the industry you work in. It will also depend on your previous workers compensation claim history.
Who is eligible to receive workers compensation benefits, and what conditions must be met in order to qualify?
In order to be eligible for workers compensation benefits, an employee must have been injured or become ill as a result of their job. There are also some waiting periods that may apply before benefits are paid out.