Entrepreneurs Box

Employers must take reasonable precautions to ensure worker safety. Nevertheless, mishaps do occur. Workman’s comp insurance offers protection if this happens.

Worker’s comp insurance has two functions: it ensures that injured employees receive medical attention and reimbursement for a percentage of the earnings they miss. At the same time, they are unable to return to work. It typically shields businesses from lawsuits brought by employees hurt at work. Workers need to be licensed and insured.

Whether or not the accident was the worker’s fault, they are entitled to payments. Workers’ compensation offers death benefits for the employee’s dependents if they pass away while on the job.