Workers compensation insurance PA is provided by many employers throughout the state of PA and is provided as a benefit to the employees and a safeguard against liability for the employer. Policies can be purchased through the state or through private insurance companies. This is a benefit because employers now have the opportunity to shop around for competitive pricing on insurance for their company and not all states have that luxury.
When shopping for policies for workers compensation insurance PA plans, you may want to get several quotes on pricing before you make your final decision. Be sure to speak with an insurance agent to make sure that you have adequate coverage for your business. Worker comp insurance covers your employees if they are injured or get sick on the job. It not only covers their medical expenses with zero out of pocket, but it also helps to cover loss of wages while the person is recovering from their injuries or sickness due to work related issues.
There are laws on the books in all 50 states that require many companies to carry workers comp policies. These are required to not only help the employee if they were injured, but also to keep the employer safe from lawsuits and paying for injuries and lost wages. Not all companies, however, are required to have the insurance. Companies with few employees and no inherent risk to injury are not required to acquire workers compensation insurance PA.
Source: http://prevurl.com/a-word-from-our-sponsor-on-the-policies-for-workers-compensation/
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