Workers’ Compensation Insurance Coverage: What You Should Know

Workers’ compensation insurance is required by law for many businesses. This state insurance program was created to provide medical treatment and partial compensation for lost wages to employees who suffer injuries on the job, as well as protect employers against civil lawsuits filed by injured workers.

Requirements for employers regarding workers’ compensation vary by state. At Ocon Insurance Agency TX, Dallas, Texas, our agents can help ensure that your business is in compliance with state laws and regulations.

What Does Workers’ Compensation Insurance Cover?

This insurance provides benefits to employees who have suffered a work-related injury or illness. Injuries may be due to a sudden accident or develop over time, such as those caused by repetitive motions.

Benefits include:

1.- Medical expenses related to the work-related injury or illness, such as emergency care, medical treatment, physical rehabilitation, and transportation.

2.- Payment of a percentage of the worker’s average weekly wage during the time he or she is out of work to recover.

3.- Permanent disability payments if the injury results in a permanent physical disability.

4.- Vocational rehabilitation if the worker must change occupations due to a physical disability.

5.- Death benefits to the worker’s dependents if the worker dies from a work-related injury or illness.

Workers’ Compensation Insurance Costs Workers’

Compensation insurance costs vary. Rates are higher in certain industries, such as natural resources, construction, and maintenance. At Ocon Insurance Agency TX we offer you personalized quotes and we strive to find the best rates for your company, understanding the importance of taking care of your finances.