If you have employees, you are required by law to provide them with workers’ compensation coverage.
Workers’ compensation provides wage replacement and medical benefits to employees injured while on the job in exchange for an employee’s right to sue his or her employer for negligence.
Provisions can be made for weekly payments in place of wages (disability insurance), compensation for economic loss (past and future), reimbursement or payment of medical and like expenses (health insurance), and benefits payable to the dependents of workers killed during employment (life insurance).
General damages for pain and suffering, as well as punitive damages for employer negligence, are generally not available in workers’ compensation plans, and negligence is generally not an issue in the case.
Contact Olde Liberty Insurance today to receive a no-obligation, customized quote from some of the most reputable carriers in the state of Connecticut.