Workers Compensation

 

You do your best, as a business owner, to protect your employees from any potential hazards or dangers. But accidents still happen. That is why Workers Compensation Insurance is required by law in California. Workers compensation insurance is a type of coverage that protects your employees in case of injury or disease during the course of employment.

 

Policies can provide coverage for:

  • Medical expenses
  • Lost income/wages
  • Rehabilitation costs
  • Death benefits
  • And more…

 

At ISU Insurance Services GVW & Associates, we know it is required by law, for anyone who is classified as an employee, to provide them with workers compensation coverage. Employees can opt out of coverage, but if you do not offer it, you can be fined up to $2,500 a day and can face a Class D felony charge with a mandatory minimum one year prison sentence. Termination of an employee who is injured while working and/or who files a workers compensation claim is also illegal. As a rule, a company with five 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.

 

Workers Compensation Insurance protects your business AND your employees, who are oftentimes a huge part of the framework of a company. Having workers compensation insurance coverage can save you and your business from costly lawsuits and employee issues. ISU Insurance Services GVW & Associates can provide you with a coverage program that is specifically tailored to meet the needs of your business. Our agents can provide you with a free workers compensation insurance quote. business can save by choosing to place your policy with ISU Insurance Services GVW & Associates and we can help you protect your business with the right workers compensation insurance policy.

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