Workers' compensation insurance
Workers’ compensation covers the cost of medical bills if an employee at your tech company is injured at work or develops an occupational illness. It also protects business owners from lawsuits over injuries and illnesses.
Workers’ compensation insurance pays medical costs and lost wages for an employee's work-related illness or injury, and protects business owners from liability. It's required by law in almost every state for businesses that have employees.
Most states require businesses with employees to carry workers' compensation insurance. However, it's sometimes possible to get a waiver of your workers' comp requirements.
Employer’s liability insurance protects business owners from lawsuits filed over workplace injuries. Most workers' compensation policies include this coverage.