What is Workers Compensation Insurance?
When employees suffer work-related injuries and illnesses, employers are often required to provide compensation for resulting medical bills and lost wages. Workers compensation insurance policies help Massachusetts employers pay covered expenses arising from work-related injuries and illnesses.
Workers compensation insurance is a unique form of insurance for businesses. Although payments from policies frequently go to employees, the payments are ultimately a form of liability protection for businesses. If a policy didn't pay the covered expenses, the covered business would likely have to.
Who Does Workers Comp Cover?
Workers comp generally covered employees, who are usually workers that receive a W-2 form come tax time. In most cases, employees are covered regardless of whether they’re full- or part-time, permanent or seasonal.
Sometimes, business owners who are involved in the daily operations of their business can also get coverage from a workers comp policy. Whether business owners are covered depends on the exact nature of their role within the business, what coverage options are selected, and a policy’s terms and conditions. An insurance agent who specializes in workers comp can help business owners determine whether a particular policy will cover them.
Remember, most businesses in Massachusetts that have employees are legally required to carry workers compensation. There may be some exceptions, but these affect a minority of businesses in the state.
Barrows Insurance Agency helps businesses, big and small with Workers Compensation Insurance that meets Massachusetts guidelines and offers adequate protection for your business, your employees, and your peace of mind.
Our agents are available to help and answer any questions you may have. Give us a call to set up a time that works for you to discuss your Workers Compensation options and see how quick we get things done!
We have two locations to choose from:
Mansfield Office: Ph. (508) 339-7260 & Foxboro Office : Ph. (508) 543-1101
Let’s start 2022 on the path for success!