Jerry Brunker, CPCU, ARM - EXT 170
Brett Byland, ARM - EXT 110
Workers' Compensation (WC) coverage intends to provide coverage to employees for work related injuries happening within the course and scope of employment. Benefits are paid as required by state statutes without regard to negligence.
Small business owners or self employed persons can also find this coverage advantageous for the injury or death benefits.
Workers' compensation can provide coverage for lost wages, reduced wages, lifetime benefits, medical expenses, death benefits, burial benefits.
The following describes some benefits payable under state workers' compensation statues when a work related injury occurs:
Income benefits can replace a portion of lost wages due to the time needed to recover from the injury or illness.
Medical benefits intend to pay for the lifetime medical care necessary to treat injury or illness. This coverage can continue to apply to ongoing or later complications that might arise due to the work related injury.
Burial benefits intends to help pay funeral expenses for the employee killed in a work related incident.
Death benefits intends to replace some lost income to surviving family members of an employee who was killed in a work related incident.
Workers' compensation policies also include limits for employer's liability. Employer's liability is third party liability protection for employers named in a lawsuit alleging negligence.