Who Needs Workers’ Compensation Insurance?

If you own a business in Evergreen Park, IL and you have employees, it may be a good idea to familiarize yourself with workers’ compensation insurance options. If you’re just opening a business, you are probably aware that workers’ compensation is required by law. However, not all policies are created equal. Your agent at Martin Insurance Team can help you find a provider that best meets the needs of you and your employees.

What Is Workers’ Compensation Insurance?

Workers’ compensation insurance covers illness and injury experienced by someone who works for you during the normal course of business. There are some exemptions, so ask your agent for clarification on when workers’ compensation is mandated for your business. 

Whether or not you qualify for an exemption, you may want to consider getting coverage. Just one incident can generate medical and related expenses that may threaten your business’s financial standing. If you are legally required to have workers’ compensation and don’t get it, you could end up with a fine.

What’s Not Covered?

Injuries that occur outside of work or while commuting aren’t covered, nor is an intentional injury. If the employee comes to work under the influence of drugs or alcohol, they are not entitled to workers’ compensation.

Who Does Workers’ Comp Cover?

The answer depends on where your business is located. For example, seasonal employees may not be covered.

Should You Get Workers’ Compensation for a Sole Proprietorship?

Sole proprietors don’t typically need worker’s compensation.

When you need answers about workers’ comp in Evergreen Park, IL, contact Martin Insurance Team. You can ask any questions you have regarding insurance to protect your home or business. Make an appointment to get a quote that covers all your insurance needs.