Worker’s Compensation 101
Worker’s compensation provides you with an edge over your staff and protects your business from law suits and various liabilities. It also helps cover wages in case staff is injured during their employment and helps protect you from claims of negligence and misconduct. With the compensation bargain, a sacrifice between different coverage and courses of action can help protect you further.
What Does Workers Compensation Cover?
The Worker’s Insurance Plan covers a wide range of expenses and saves your business from various problems. It protects your business financially by covering these factors:
- Financial losses
- Medical expenses
- Wage payments
- And various other provisions due to an injury at work
Why Choose Florida Statewide Insurance?
Our company designs insurance plans keeping the needs of every type of business in mind. Our all-inclusive plan includes:
- A proper structured compensation plan
- Compensation in case an employee gets injured in an accident
- The plan covers sick pay
- The plan covers disability insurance
- The plan provides for the employers’ liability
The Industries We Cater To
Our Worker’s Compensation Program can be availed by businesses involved in any field. Some of the industries to which we regularly cater to include:
- Construction
- Distribution
- Fishing
- Forestry
- Healthcare
- Heavy Machinery Industries
- Manufacturing
- Mining
- Transport
People Covered Under the Plan
The insurance plan for an industry implies all of its employees are covered under the plan. The plan covers all employees of the organization. This includes permanent as well as those employed on temporary basis. Whether the workers are part-time or full time, the plans includes all such workers.
What is not Covered?
The insurance plan is not valid for areas such as pain, suffering, and restitution for negligence by the business owner.
