Workers’ Compensation Insurance in Marrero, LA

Employers must account for many risks and exposures while operating their organizations and managing workers. Regardless of your business’s size or the industry in which it operates, employees may be subject to inherent dangers, even in relatively low-risk environments, such as offices. That’s why workers’ compensation insurance is one of the most integral components of most business insurance portfolios.

What Is the Purpose of Workers’ Compensation Insurance?

As its name suggests, these policies are designed primarily to help compensate workers who have been injured on the job or developed work-related illnesses. This may include sprains, strains, fractures, contusions, burns, lacerations and repetitive stress injuries. Even employees who primarily sit at a desk all day may suffer injuries at work, such as by slipping on a wet floor on their way to the bathroom or by sustaining a stress injury due to poor ergonomics. Workers’ compensation policies may also include employers liability coverage, which can help in the event of legal claims submitted by an injured employee.

What Do Workers’ Compensation Policies Cover?

Workers’ compensation insurance payouts can cover many losses and expenses from on-the-job ailments. While the exact details of your policy may vary, you can generally expect coverage to include potential aid for the following:

• Medical expenses, such as if injured or ill employees require health care services following work-related incidents

• Wage replacement, such as if an affected employee’s ability to work is adversely impacted by their ailment

• Disability benefits, including ongoing financial assistance for employees who are temporarily or permanently disabled due to a work-related incident

• Vocational rehabilitation, such as training costs, should employees be unable to return to their previous job and need to acquire skills for a different position

• Death benefits, such as compensation paid out to an employee’s family should a workplace accident be fatal

• Employer legal costs, such as attorney fees, settlements and judgments, should affected employees sue your business

Do You Need Workers’ Compensation Insurance?

Yes, workers’ compensation insurance is typically required for most employers in California. Even if your company qualifies for an exemption from legal mandates, this type of policy should be a top priority. Without adequate coverage, your employees may not be able to recover and return to work following accidents and your company could face costly lawsuits.

We’re Here to Help

Contact Boudreaux & Associates Insurance Agency, Inc. today to learn more about workers’ compensation coverage or to compare quotes.