As an employer, providing a safe and healthy work environment for your employees is a top priority. However, accidents can still happen, which is why workers’ compensation insurance is an important part of any business insurance portfolio. In this blog post, we’ll discuss what employers need to know about workers’ compensation insurance.
What is Workers’ Compensation Insurance?
Workers’ compensation insurance is a type of insurance coverage that provides benefits to employees who are injured or become ill as a result of their job. This type of coverage can provide benefits for medical expenses, lost wages, and rehabilitation expenses, among other costs.
What Does Workers’ Compensation Insurance Cover?
Workers’ compensation insurance typically provides coverage for the following types of events:
Injuries sustained on the job, such as broken bones or sprains
Illnesses resulting from exposure to hazardous materials or conditions in the workplace
Repetitive stress injuries, such as carpal tunnel syndrome
Death benefits for employees who are killed on the job or as a result of a work-related injury or illness
Why is Workers’ Compensation Insurance Important?
Workers’ compensation insurance is important because it can protect both employers and employees in the event of a workplace injury or illness. By providing benefits for medical expenses, lost wages, and rehabilitation expenses, workers’ compensation insurance can help injured employees recover from their injuries and return to work, while also protecting employers from lawsuits and other legal issues.
Providing a safe and healthy work environment is a top priority for any employer, but accidents can still happen. Workers’ compensation insurance is an important part of any business insurance portfolio and can provide critical protection for both employers and employees in the event of a workplace injury or illness.
Request a Quote Today
Ready to find the right workers’ compensation insurance coverage for your business? Request a quote today by calling our office at 541-447-6372 or reaching out to us on social media. We’re here to help you find the right coverage for your business needs in Oregon, Washington, and the Pacific Northwest.