As a business owner, you do everything you can to protect your employees from potential dangers, but do you have workers compensation protection? Most business owners understand that workers’ compensation is important, but did you know that if you have employees, it is required by law for most businesses to have coverage?
Workers’ compensation is insurance coverage that helps protect you and your employees in case of injury or disease during the course of employment. Policies can be customized to provide coverage for:
- Medical expenses
- Lost income/wages
- Rehabilitation costs
- Death benefits
- And more…
For anyone who is classified as an employee, it is required by law to provide them with workers’ compensation coverage. As a rule, a company with one or more employees is mandated to purchase workers compensation insurance to cover medical expenses, permanent disability, and a portion of the injured employee’s wages.
Having workers’ compensation coverage can save you and your business from costly lawsuits and employee issues. Workers’ compensation insurance protects your business AND your employees. Mahoney & Obara Insurance Agency, Inc can provide you with a coverage program that is specifically tailored to meet your needs. We can also provide you with a free workers’ compensation insurance quote. You’ll be surprised at how much your business can save by choosing to place your policy with Mahoney & Obara Insurance Agency, Inc. contact us today!