Workers’ Compensation Insurance
Workers’ compensation insurance is crucial to workplace safety and security and may help cover many risks and scenarios. As the workforce evolves, with more employees working from home, understanding the nuances of this insurance becomes even more critical for employers and employees.
Contact Paramount Insurance & Multiservice in Lawrenceville, Georgia, to learn how workers’ compensation insurance can help provide financial protection for your company and employees.
How Workers’ Compensation Insurance Works
Workers’ compensation insurance is designed to assist employees who are injured or become sick because of their job. Most states require companies with employees to maintain workers’ compensation insurance coverage.
The rules and benefits of workers’ compensation can vary significantly from state to state. Both employers and employees should understand the regulations in their state.
What Workers’ Compensation Insurance Covers
Workers’ compensation insurance is designed to cover a range of expenses and losses an employee might face after a work-related injury or illness, which may include the following:
- Medical expenses
- Lost wages
- Rehabilitation costs
- Death benefits
Workers’ Compensation for Remote Employees
With the rise of remote work, workers’ compensation for home-based employees has become more relevant. Whether you need workers’ compensation insurance for remote employees depends on the laws of your state and the nature of the work being performed.
Employers should discuss their situation with their insurance provider to understand coverage implications for remote employees.
Contact Paramount Insurance & Multiservice today for a personalized workers’ compensation quote.