Workers’ Compensation Insurance

Workers’ compensation insurance, also known as workman’s comp or workers’ comp, gives your employees benefits if they get a work-related injury or illness. These benefits can help:

• Cover their medical care
• Replace most of their lost wages if they take time to recover
• Provide disability benefits
• Pay for their funeral if they lose their life

Workers’ comp also has benefits for you, as a small business owner. If your injured employee or their family sues your business, it can help cover your legal costs.

How Does Workers’ Compensation Insurance Work?

If one of your employees gets a work-related injury or illness, workers’ comp insurance can help them at every step of their recovery. Programs designed to support small businesses help promote your employees’ safety and well-being, and to get your injured employees back to work as soon as possible.
 
You aim to run your business as safely as possible. However, no matter what you do, workplace accidents can happen and employees can get sick from their work. When these situations occur, you’ll want the peace of mind to know that your small business is covered.