I'm the boss. You can't tell me I need workers compensation insurance!

You may be the boss but you need workers’ compensation insurance as a form of protection for both yourself as the employer and your employees. Workers compensation insurance just might save your business. It offers financial support in the event that one of your employees gets hurt or becomes ill while performing their job-related duties. Without workers' compensation insurance, YOU can be responsible for paying for medical care, lost earnings, and other associated costs, which might have a crippling financial impact on your company.

Workers compensation claims can arise from jobs like construction that require a lot physical exertion but they can also happen in office environments. It's a policy that every company needs regardless of the work they perform.

When an employee sustains an injury or falls ill as a result of employment-related activities, workers' compensation insurance pays payments to the employee. These benefits may cover things like medical expenditures, rehab fees, and lost pay incurred while the person was unable to work. The employee agrees to give up their right to sue the employer in return for medical treatment and/or wage replacement.

It is crucial to remember that most states have laws requiring workers' compensation insurance, so not having this protection in place can have serious legal and financial repercussions. Working with an experienced insurance expert is crucial to ensuring that you have enough coverage for the specific needs of your company.