Workers’ Compensation Insurance
Almost every business needs, and is required to have, workers’ compensation insurance. Most states (with a few important exceptions) essentially require employers to purchase a workers’ compensation insurance policy to handle their statutory obligations to workers who are injured or made ill due to a workplace exposure. While owners and corporate offers can exclude themselves from coverage, there are benefits and reasons to be included.
Why Keep Officers on Workers’ Compensation Insurance?
The benefits are the same for everyone covered under a commercial workers’ compensation policy, but officers many not have thought about these for themselves. Benefits include:
It may not make sense for every owner or officer to consider this; it should be reviewed and considered periodically. Call our office today. Let one of our workman's compensation insurance specialist’s help you determine if this is an effective risk transfer tool.
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