Worker’s Compensation Insurance Protects Employers and Employees

If you’re a business owner, it’s important to have the appropriate insurance protections in place if an employee is injured on the job. Trying to obtain workers compensation coverage after the fact simply will not work.

In other words, you need to be covered in advance. That’s exactly what a proper workers compensation policy does: It ensures that an injured worker's medical and financial needs are taken care of when accidents happen.

What is Workers Comp? Who Needs It?

Workers compensation insurance spreads and shifts the risk for on-the-job employee injuries from employers to insurance providers. Doing so protects the business from work-related claims and legal exposure. Business owners can breathe easier knowing employees will be properly cared for if an accident happens without posing a threat to the company’s profitability or to its solvency.

And workers compensation provides reimbursement regardless of who’s at fault for an on-the-job injury. If the injury occurs during the normal scope of normal job duties, workers compensation will pay all applicable benefits.

What Does Workers Compensation Cover?

Workers Compensation covers several expenses related to a worker's recovery from an on-the-job incident:

  • Lost-time payments
  • Medical care reimbursement
  • Rehabilitative services payments

When Should I carry Workers Compensation Insurance?

Even if you're business is not legally required to carry workers compensation, at Insurance Express, we strongly recommend purchasing coverage for your workforce. If an employee sustains an on-the-job injury, responsibility for related medical payments and lost wages will ultimately fall on you, the business owner.


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