Workers Compensation Insurance

Workers compensation insurance is a form of insurance that protects the workers and their employers against any injury or death due to accidents at work in exchange for premiums paid by the employer. Workers' compensation can be obtained on an individual basis or group basis depending on the province where you live.

All employers have a legal obligation to provide workers' compensation insurance for their employees.

The cost of workers' compensation insurance depends on many factors. The first is the area where you're doing business. For example, in California it may be more expensive than in Texas or Florida. The second is the type of business you're in. For instance, if your business has a greater risk for injury or death than other businesses, then it is likely to cost more to get workers compensation coverage. In addition, whether you will need some additional options like disability insurance or health care benefits from the policy can affect the price.

Workers' compensation policies are available through insurance companies or brokers. Your current insurer may offer it as a package when you renew your policies, and many online insurers also provide this service.

The employee makes a claim and submits it to the employer. The employer or their insurance company will verify that all the necessary documentation is included with the workers comp claim including all medical certificates, any previous workers compensation claims filed by this individual etc.