Every employer knows it's a drag: Paying premiums for workers' compensation insurance for each employee to cover injuries that may never happen, and when or if injuries occur they may even be the fault of the employee.
Reading the policies isn't fun either: They're filled with employer duties and responsibilities. But under the workers' compensation system, employers are required to obtain insurance that provides coverage for workers who suffer from work-related illnesses and injuries.
|Compromise between employers and employees
As an agent, it's your job to help your clients realize that workers' compensation insurance is not as anti-employer as it seems. It's really a compromise between employers and employees. Employees receive benefits if they're injured regardless of who was ultimately at fault. Employers are protected from arduous and expensive lawsuits brought by injured employees seeking monetary damages for pain and suffering or mental anguish.
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