Workers Compensation Insurance

What is Workers Compensation Insurance?

For example, in Missouri, Workers compensation is a state-mandated “no-fault” insurance system. Therefore, it pays benefits to workers injured on the job. As a result, it covers medical care, part of lost wages and disability. Meanwhile, employers receive immunity from civil lawsuits by employees over such workplace injuries. Importantly, employers can meet their workers’ comp obligation by purchasing insurance. Likewise, Missouri’s law, originally enacted in 1925, is available at your public library or online at https://insurance.mo.gov/laws/

For instance, in Kansas it is an insurance policy that is provided by the employer (by law). So, it pays employee benefits for job-related injuries, disability or death. The present law covers all Kansas employers. Except for those in certain agricultural pursuits. With a gross annual payroll of $20,000 or less. All payroll is taken into account. Including that paid in Kansas or elsewhere. You can read more info at https://www.dol.ks.gov/wc-faqs#employers.

What Are Some Other Reasons to Have Workers

Compensation?

Let’s face it. Mistakes happen even with the most experienced of employees.  Also with it being required by law in most states. Because if you have to eat the costs associated with an employee getting injured. You can run into serious financial problems. Working with us can help you know that you have the proper coverage in place. Just in case something does happen.