My Account
Click to Call
Get Directions
As a business owner, you can’t afford to be unaware. It is your job to be educated on all of your many responsibilities concerning your employees. Worker’s compensation insurance is one of those areas you need to be an expert in. At Martin Insurance Team, serving Evergreen Park, IL, and the surrounding areas, we are here to ensure you always have the information you need to make smart insurance choices. Keep reading to learn more about worker’s compensation insurance.
Required By Law
The state of Illinois requires all employers with at least one employee, whether full or part-time, to have worker’s compensation insurance. This is required by law to ensure that workers are not injured in the line of work and left unassisted. This would equate to a form of exploitation, so to protect the workers of Illinois, worker’s comp insurance is required by law.
The Employer’s Responsibility
It is of the employer to pay insurance premiums to provide this insurance coverage to their employees. Many employers like to consider this type of coverage as an employment benefit. However, this is not entirely true because all employers in Illinois are held to the same standard. Worker’s compensation insurance is not a special benefit your company offers to attract high-quality employees. This is just the company fulfilling its legal responsibility in Illinois.
Consequences of Lack of Coverage
If business owners fail to comply with worker compensation guidelines, they could face fines and other consequences. In addition, if an employee is injured, you will be held liable for expenses that might arise from that injury.
If you want to learn more about worker’s compensation insurance, please contact us at Martin Insurance Team, serving Evergreen Park, IL, and the surrounding areas.
