Workers' compensation insurance
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.
Workers’ compensation, disability insurance, and health insurance pay for medical costs or lost wages due to illness or injury. But what they cover and when they kick in depends on the policy.
Employer’s liability insurance protects business owners from lawsuits filed over workplace injuries. Most workers' compensation policies include this coverage.
Workers' compensation insurance is required for all Florida businesses with four or more employees. Construction businesses must have coverage for every employee.
Workers' compensation insurance covers the cost of work-related injuries. It's required for all Nebraska businesses that have employees, including part-time workers.
Workers' compensation insurance covers the cost of work-related injuries. It's required for all New Jersey businesses that have employees, including part-time workers.
Workers' compensation insurance covers the cost of work-related injuries. It's required for all Georgia businesses that have three or more employees.
Workers' compensation class codes are unique sets of numbers that help insurers determine the level of risk for different professions. Classifying employees correctly can help businesses avoid overpaying for workers' compensation insurance.
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.
An expiration date is the day your insurance policy lapses. Your insurance coverage will typically end at midnight on your policy's expiration date.
An insurance renewal is the end of the term of your policy, at which point, you'll need to determine if you'd like to continue under the same policy with the same insurance carrier.
A rider is an insurance modification that adds extra protection to a policy and enables businesses to customize it to their specific needs.
A claimant is a person or business entity that files a claim to receive payment for a specific loss under the terms of an insurance policy.
