Let us guide you through the process.
Workers compensation insurance basically serves two purposes: it assures that injured workers get medical care and compensation for a portion of the wages they lose while they are unable to return to work, and it may protect employers from lawsuits by a worker injured while on the job. If a worker is killed while working, workers compensation may provide death benefits for the worker's dependents.
Each state has different laws regarding workers compensation insurance, and in Connecticut it is compulsory that a business owner with employees, has this type of coverage.
Workers compensation insurance generally has two parts: Workers compensation and employer's liability. Under workers compensation the insurer contracts to pay whatever the state-required amounts of compensation may be. Employer's liability coverage may provide for an employer who is sued by an employee for a work related bodily injury or illness that isn't subject to state statutory benefits.
If you own a business in Connecticut and want to find out more about your options when it comes to workers compensation insurance, contact an agent at Petruzelo Insurance today.