Workers Compensation Insurance
Workers compensation insurance is mandatory in all states nationwide. You may have heard it called
'workers comp' for short. It's insurance that will provide for medical care for an employee should they
get hurt on the job. This also protects the employer from being sued by the employee.
Workers compensation insurance can cover more than just accidents on the job. It can cover the worker
elsewhere, even if they have an automobile accident while conducting business. It doesn't have to occur
directly on the premises. Illnesses may be covered as well.
It compensates the employee for their time away from work after injury. This is regardless of who is at
fault for the accident. It's also a means of death insurance to family. Each state's laws concerning
workers compensation are unique to that state.
Whenever a business is seeking to buy workman's compensation insurance, they must purchase it
separately from other types of insurance. BOPs, or 'business owners policies', are usually sold as
insurance packages. But they don't include the coverage for injured workers. This is sold separately.
The whole concept of worker's compensation insurance dates back to the beginning of the 20th century.
Americans felt the need for workers to be protected from injury, and compensated for any injuries that
resulted from their workplace. It was a result of the public outrage for poor working conditions and the
dangers that accompanied some jobs.
Workers comp is older than both unemployment and social security insurances. Most state adopted it
around 1910 when the state of California implemented it. It's a type of 'no-fault' insurance, where no-
one has to prove the liability of the parties involved.
Some of the services that may be obtained, depending upon the circumstances, are disability benefits,
vocational rehabilitation, supplemental job displacement benefits, permanent disability benefits,
temporary disability benefits, and death benefits.
Anyone injured on the job is entitles to receive medical treatment. It may include hospitalization,
physician services, chiropractic, or any reasonable treatment for the alleviation of the injury. The
employer is most commonly responsible to arrange for treatment within a thirty day period from date of
Workers Compensation Insurance
Worker compensation insurance comes under Part One of the workers compensation policy. This is the
agreement of the insurance company to pay all compensation promptly to an injured worker. These
payments are imposed on the employer. This is done through either Workers Compensation Law, or by
the laws of the state, or the states, that are found listed on the policy.
Employers must purchase Workers Compensation insurance from a licensed insurance company. If not,
then they must go through the State Compensation Insurance Fund, or the (SCIF). Sometimes a
business may take advantage of a commercial broker-agent in order to get assistance with purchasing
workers compensation insurance, and with information concerning the SCIF.
Workers comp insurance is a law, and a right. Anytime you choose to take a job, you should know
whether or not that employer has workers compensation insurance or not. If not, you will have to work
there at your own risk. It really doesn't pay to do this, because accidents happen, and if it happens to
you without workers comp, it can be a devastating experience.