Worker's Compensation
Along
with your Contractor Liability, Workers Compensation is one of the most important
coverage a business needs. If you have any employees, even one who is a day laborer
you are required by the state to purchase Workers Compensation.
Workers Compensation is actually two policies rolled into one. The first part is
called Workers Compensation and will provide benefits to an employee who is injured
on the job and for a disease that is caused or aggravated due to their working conditions.
Benefits include Medical Treatment, Permanent and Temporary Disability, and Death
Benefits.
The second part is called Employers Liability and is not covered under your Contractor
Liability. This part of the policy protects businesses if they are found civilly
liable for employee injuries that arise out of and in the course of employment.
Employers' liability coverage helps protect your business against common-law claims
such as Care and Loss of Services, Certain types of Third Party claims and Consequential
Bodily Injury to a family member of the Employee.