We are pleased to announce Citywide Insurance & Financial Services Now Represents Employers Insurance Co.
Workers’ Compensation Insurance from EMPLOYERS
What is workers’ compensation insurance and how does it work?
Workers’ compensation insurance is a strategic investment that protects business owners, as well as a business’ most important asset: its employees, in the event of a work-related illness or injury.
Also referred to as workers’ comp insurance or workman’s comp, workers’ compensation insurance covers all reasonable and necessary medical treatment and lost wages for employees who get injured in the course and scope of their employment or experience an occupational disease. The benefits for employees and employers vary from state to state.
Workers’ comp benefits include employee compensation for lost wages, medical treatment, and death benefits payable to the dependents of workers killed in the course of employment. These benefits also help cover expenses related to ongoing medical treatment like follow-up appointments or a physical therapy regimen. However, these policies generally do not include damages for pain and suffering or punitive damages for employer negligence.
Workers’ compensation insurance helps protect employers from potential lawsuits. Some workers’ compensation carriers also provide value added benefits such as fraud prevention support, workplace safety tools, and managed care services, which can help injured workers experience minimal downtime.
As America’s small business insurance specialist®, EMPLOYERS provides cost-effective small business workers’ comp insurance in low-to-medium-hazard industries across 44 states and the District of Columbia. View a complete list of states where we do business.