Workers’ compensation is required in most states. Workers’ compensation benefits are made available to all employees if they are inured as a result of workplace injury or illness. 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. Independent contractors are not entitled to benefits, unless they have their own plans. About 13 people die each day as a result of on the job injuries.
What Does Workers’ Compensation Cover?
Workers’ Compensation Benefits
Employees– Workers’ compensation provides injured employees with medical treatment and time loss in the event of a serious injury.
Employers– Workers’ compensation provides employers with the security that insurance will be there to help treat and restore injured workers.
Beckerman & Company is a Personal and Commercial Insurance Agency with offices in Colonia & Forked River, New Jersey. Our McCoy Insurance Agency subsidiary is located in Bloomfield, NJ. In addition to providing Commercial insurance coverage for business and industry, we provide Risk Management services for governmental entities and non-profit organizations.