Workers’ Compensation Insurance

What is Workers’ Compensation?

A workers’ compensation policy financially protects employees and businesses in the case that an injury or sickness occurs because of work. Should this happen, the employee will receive compensation to cover resulting expenses. Meanwhile, the employer may receive coverage to aid in costs such as rehabilitation and any legal expenses.

Employees who accept workers’ compensation also agree to not sue the employer for negligence. This saves both the employer and employee extra legal and financial hardship.

What’s Covered by Worker’s Compensation?

When an accident or injury occurs, many expenses arise. Thankfully, workers’ compensation may cover most of them, such as:

• Wages lost

• Medical expenses

• (In the case of a death) funeral expenses

• Ongoing treatment

• Disability benefits

• Injury that occurs over time

• Rehabilitation expenses

• Legal fees

Choosing a Policy for your Business

Every business has different coverage needs. Factors such as size of the company, budget, type of work, and more may play a factor into choosing your plan. We recommend speaking with experts at a trusted agency such as I & E Insurance.

At I & E, we’ll meet with you to explore options and find a personalized policy that works best for your business. Want to get started? Get a quote on our website today or give us a call at (732) 295-5584.