From our previous blogs, it is clear that Workers’ Comp Insurance is a must have coverage. California law requires Workers Compensation Insurance for employers that have one or more employees. This policy covers medical expenses of the employees and lost wages that can be a result from job related injury or illness. Workers’ Compensation Insurance in California is a state program requiring employers to have an insurance policy covering employees for accidental work-related injuries.
We, at Progress Preferred Insurance, offer competitive rates with “Pay as You Go” payment option program that enables businesses to buy Workers Comp Insurance with little or no money down. Therefore, Workers’ Comp Insurance is the right decision to have. This flexible and convenient payment option is based on a business’s payroll schedule. Therefore, it requires low or no down payment and no installment fees.
For employers with one or more employees Workers’ Compensation discounts are available. For example, a drug-free workplace or a formal safety program implemented workplace cab get discounts on their Workers’ Comp Policies.
In addition, for residence employees we have Workers’ Compensation Insurance Coverage as well. For those who have helpers at home that manage their daily lives, Workers Comp Insurance is also important. Therefore, Workers Comp insurance is available for full-time and part-time employees. Law requires that housekeepers, care providers, nannies or childcare personal, private residence staff or any other related employees, to have protection under Workers’ Compensation Coverage.
For example, house staff can get injuries or ill while working on the job. This can result in large medical, legal or other unexcepted expenses. Moreover, employer might be also responsible for wage replacement. As a result, all these can sum up to an enormous financial hardship. Therefore, without proper insurance coverage in place, the financial burden might be crucial.
Workers’ Compensation Insurance Covers
- Medical Care
- First aid treatment
- Hospital and rehabilitation expenses
- Wage loss replacement
- Job replacement benefits
- Return to work supplement
- Employer’s Liability
- Death expenses