When your business grows and you hire employees, your company will need workers’ compensation insurance. Let Access Legacy Insurance Group, serving Brooklyn, NY, help you obtain this insurance, as required by each state.
What is workers’ compensation insurance?
Workers comp policies, as they’re also called, insure your business against the costs of medical care and settlements related to on-the-job injuries and illnesses. If your employee gets hurt while performing their job duties, the workers’ comp insurance pays for their injury treatment and pays a percentage of their wage if they must miss time from work for treatment or recovery.
By purchasing workers’ comp insurance, you save yourself the out-of-pocket expense of paying a legal settlement. Workers comp provides a reliable method for your employees to obtain injury treatment, rehabilitative care, and a settlement for their injuries if the accident or illness caused permanent damage.
How Workers Comp Works
This type of insurance protects your employees since they know that if they slip and fall at work, whether they sprain an ankle, or break their leg, the insurance provides for their medical care without them needing to solely rely on their medical insurance. It also means that while they cannot work, they still receive a portion of their pay.
The workers’ compensation program provides a safety net for their health. When they incur an injury, they first go for emergency treatment. As soon as possible after they have received emergency medical care, they should file for workers’ comp by filling out the paperwork provided by the human resources department or available from the NY workers’ comp website. It covers hospital stays, doctor visits, medical equipment, etc.
Let Access Legacy Insurance Group, serving Brooklyn, NY, help you easily meet state legal requirements for workers’ comp insurance. Contact us today to discuss your insurance options.
