Workers’ Compensation Insurance: What Are The Duties Of An Employer?
In most states, employers are required by law to carry workers’ compensation insurance. However, there are still a significant number of employers who are unaware of their obligations regarding this type of insurance. In this article, we will discuss the employer’s obligations regarding workers’ compinsurance. What Is Workers’ Compensation Insurance? Workers’ compensation insurance provides benefits to employees who are injured or become ill as a result of their employment . Medical expenses, income replacement, and death benefits are examples of available benefits. In most jurisdictions, employers are required to provide workers’ compinsurance to their employees. Workers’ compensation insurance can provide employees and their families with a vital safety net. This insurance can help cover your medical expenses and lost wages if you are injured at work. It can also provide financial support for your family upon your passing. It is important for employers to understand their...