Workers Compensation

Workers' compensation coverage is crucial insurance that may help protect both employees and employers in the unfortunate event of a workplace injury or illness. 

What Does Workers' Compensation Insurance Cover? 

While coverage specifics can vary, workers' compensation may generally offer financial assistance for: 

• Medical Expenses: Workers' comp may cover medical treatments, hospital stays, surgeries, medications and other necessary health care expenses related to a workplace injury or illness.
• Lost Wages: In the event an employee is unable to work due to a covered incident, workers' compensation insurance may provide partial replacement of lost wages during the recovery period.
• Rehabilitation Costs: For injuries that require rehabilitation or physical therapy, workers' comp may cover the associated expenses to help employees regain their functionality.
• Death Benefits: In tragic cases where a work-related incident leads to the death of an employee, workers' compensation may provide benefits to the surviving dependents. 

It's important to note that the specific coverage details can vary based on state regulations and the insurance policy purchased. 

Who Needs Workers' Compensation Insurance? 

Workers' compensation insurance is typically mandatory for all employers in Massachusetts, with limited exception. This includes not only large corporations but also small businesses and even some self-employed individuals. 

It’s vital to speak with an insurance professional to determine your specific coverage needs, as some employment situations can be nuanced.
 

How to Get Workers' Compensation Insurance 

Securing workers' compensation insurance is a prudent step for any business. Having workers' compensation insurance not only helps comply with legal requirements but also fosters a safer and more secure work environment for everyone involved.  

Consult with the insurance professionals at Nicholas A. Consoles Insurance Agency to ensure your coverage aligns with your business's unique needs.