What is Workers Compensation Insurance?

We have briefly mentioned above what workers’ compensation insurance covers, but you might want to know the details of workers compensation insurance coverage. So we will be discussing the coverages it provides:

• Missed Salaries: In case your employee is suffering from an injury due to which they need rest, Workers’ Compensation Insurance helps in replacing a portion of your employee’s lost pay. For example, your carpenter cuts his hand while working at a customer’s place, and can’t work for a week or two; Workers’ Compensation Insurance will help in supplanting a portion of their lost pay.
• Medical Expenses: In case of a medical illness or injury to your employee while working, Workers’ Compensation Insurance helps to pay the medical bills. This can incorporate visits to the doctor, surgeries if needed, and medicines. For instance, if your cook spills boiling water on his arm while working at the work premises, Workers’ Compensation Insurance will cover all the medical expenses.
• Memorial services: In case of a tragic event, your employee loses their life while doing their job, Workers’ Compensation Insurance will cover all the memorial service expenses and give death benefits to the worker’s recipients.
• Illness: If any of your employees get sick while working, Workers’ Compensation Insurance helps to cover the expenses needed for treatment and care.
• Disability: If your employee suffers from severe injury leading them to be disabled, and can’t work due to that disability. Workers’ Compensation Insurance will cover the medical expenses of that employee as well as replace some of their lost pay.