For most states within the US, if you have employees then you need workers’ compensation insurance. Even if your employees are working from home, they need to be properly covered. It is in their best interest, as well as your own, to provide a full and comprehensive workers’ compensation policy.
Protect your employees – protect yourself.
Without workers’ compensation insurance, you will likely have to pay out of pocket for an employee who gets injured on the job. Not only that, but you will be paying some hefty fines depending on your state laws.
Your policy will cover medical costs and lost wages for an employee’s work-related illness or injury. All employees must be covered under your policy (depending on the state), but you can make owners, officers, directors, board members, and partners exempt based on eligibility guidelines.
Working with a MartinoWest expert is the best way to make sure your workers’ compensation policy covers your employess properly.