Workers compensation insurance provides coverage for an employee who has suffered an injury or illness resulting from job-related duties. Coverage includes medical and rehabilitation costs and lost wages for employees injured on the job. Workers compensation protects workers by making sure that they are compensated for their injuries. It also helps employers because it relieves them of liability for claims and gives them certain legal protections, including legal defense from most injury lawsuits.
Did you know?
Americans treated for falls each year
Each year, more than 500,000 Americans receive hospital treatment for slips, trips and falls. These accidents cost American businesses $11 billion annually, accounting for a staggering 65 percent of lost workdays across all businesses. In fact, slips, trips and falls were among the top five most expensive claims between May and September last year, accounting for just over $21 million, or 28 percent of all Pinnacol claims.
Types of Benefits
There are four types of workers compensation benefits:
Income benefits to pay a portion of a worker’s lost wages.
Medical benefits to pay for medical care for treatment of a work injury.
Physical and occupational rehabilitation for recovery and training.
Death benefits pay some lost wages to the family of a worker killed on the job.
Contact Us for a Quote
Let one of our licensed professionals help you reduce your insurance expenses through the implementation of practical and proven safety practices, as well as to establish a safe work environment for your employees.