Workers Compensation Insurance

Did you know that workplace deaths, illnesses and injuries cost around $155.5 billion annually?

With such a high cost, it is crucial for business owners to look into coverage, such as workers compensation. Massachusetts requires every employer to carry workers compensation insurance, even for part-time employees. There is only one exception: if you have a domestic service employee who works fewer than 16 hours a week, then you do not need workers comp insurance.

Eldredge & Lumpkin Insurance Agency can help you with the proper classification of your business and the appropriate level of employer’s liability limits to protect you and your employees for work-related injuries.

What Does Workers Compensation Insurance Cover?

Workers compensation insurance serves two purposes: First, it ensures that injured workers get medical care and compensation for a portion of the income lost while they are unable to return to work; and second, it usually protects employers from lawsuits by workers who are injured on the job.

While many claims include injuries that happen at work, others may include those developed over longer periods of time. Some injuries and illnesses covered by workers compensation include:

Repetitive stress injuries (such as those developed by performing the same task repeatedly over several years)
Slips and falls
Illnesses caused by exposure to pollution, radiation, and chemicals

Benefits Offered by Workers Compensation Insurance

Workers compensation insurance provides a basic level of protection for you and your employees. Some of the benefits you can expect include:

Replacement income for employees while they cannot work
Medical coverage, including surgeries and prescription drugs
Vocational rehabilitation, which can include education and on-the-job training to get employees back to work after recovery

Some workers compensation companies offer discounted rates. Eldredge & Lumpkin Insurance Agency focuses on good communication and works closely with clients to make sure they get the coverage they need at a price they can afford.

Personal Services From Eldredge & Lumpkin Insurance Agency

At Eldredge & Lumpkin Insurance Agency, we are ready to get to know your business. Together, we can design a solid workers compensation insurance package that will meet all your company’s and employees’ needs.