What does Workers Compensation cover?
Medical Expenses
Workers Compensation Insurance may cover the cost of medical treatment required for a work-related injury. This can include hospital bills, doctor's fees, medication costs, and other medical expenses.
Rehabilitation Costs
This insurance may also cover rehabilitation costs for injured employees. This may include physiotherapy, occupational therapy, or other treatments needed to help an employee recover from an injury.
Lost Wages
Workers Compensation Insurance may provide wage replacement benefits to employees who are unable to work due to a work-related injury. This benefit helps to ease the financial burden on employees and ensures that they can continue to support themselves and their families.
Death Benefits
In the unfortunate event that an employee dies as a result of a work-related injury, Workers Compensation Insurance may provide benefits to their dependents. This includes funeral expenses, lump-sum payments, and ongoing financial support.
Legal Costs
If an employee makes a claim against your business, Workers Compensation Insurance may cover the cost of legal representation and other legal expenses associated with defending the claim.