subject: Workers Compensation Tips For Employers In Wilmington [print this page] Workers Compensation Tips For Employers In Wilmington
Workers' compensation insurance protects employers from claims resulting from injuries to employees. It protects your business from lawsuits and provides employees with compensation for on-the-job injuries.
By law, most employers are required to provide coverage for lost wages and medical bills incurred as a result of on-the-job accidents or illnesses. For many businesses, this coverage is the largest part of its insurance expense. The following tips are helpful for employers.
What Expenses will my workers compensation policy pay?
Typically, your workers' compensation policy will pay for:
Medical benefits for a covered injury or disease -- including medical, hospital, surgical and other related health care costs as well as physical therapy and prosthetic devices
Disability income benefits - including compensation for lost wages
Rehabilitation benefits - including services to help an injured worker return to productive work, such as vocational rehabilitation
Death benefits - including a flat amount for burial expenses as well as partial replacement of the worker's weekly wage.
What Protection will my workers compensation policy offer?
If one of your employees is accidentally injured while on the job, your workers' compensation policy will pay for a wide range of services to aid the injured worker's recovery and return to productive work. These services can include the cost of medical care, compensation for lost wages, and rehabilitation therapy.
If your employee is accidentally killed while on the job, your policy will also provide death benefits -- including burial expenses and partial replacement of the worker's weekly wage.
Who does the workers compensation policy cover?
In general, workers' compensation insurance is designed to provide benefits for your employees. However, the individuals that are defined as employees are determined by state law. And in workers' compensation cases, courts have typically been very liberal in their definition of employees, so as to provide injured workers with broad protection under the state's workers' compensation laws.
The Employer's Liability insurance included in your workers' compensation policy can also provide damages to injured workers separate from their workers' compensation benefits. Family members and other third party claimants may also receive benefits under this coverage -- if they prove the employer's legal liability.
Clark Baffone & Matthews, formerly known as Clark Insurance, has been providing insurance services since 1976. Our office provides all lines of insurance coverage in Delaware, Maryland, Pennsylvania and New Jersey.
We have expertise in commercial business insurance, personal insurance coverage's and individual life and health coverage. As insurance professionals we pride ourselves on providing personalized service to meet your insurance needs.
