insurance iconWorkers’ Compensation

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What is workers’ compensation insurance?

Workers’ compensation insurance provides benefits to your employees if an injury or illness occurs in the course of employment. This type of insurance is typically required by law. However, keep in mind, many small businesses are not required by law to provide this coverage due to their size. But, you may still want to consider purchasing workers’ compensation coverage for your employees.

What may workers’ compensation cover? 

Workers’ compensation insurance is required by state law, so there might be slight differences in coverages in each state across the nation. Workers’ compensation generally provides the following benefits to employees when an illness or injury occurs due to employment:

Medical expenses
Lost wages
Disability benefits
Funeral or cremation

What may not be covered by workers’ compensation insurance?

  • Employee injuries due to intoxication
  • Injuries to independent contractors
  • Employee injuries due to safety violations
  • Injuries claimed after employee termination

To dig deeper, visit our Workers’ Compensation Insurance FAQs and blog, The Gildfitter.

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The content provided on this site is solely informational and does not replace legal, professional, or regulatory advice.