By law, every employer must carry workers’ compensation to protect employees in the event of a work-related injury or illness. If you are a sole proprietor you may cover yourself with workers’ compensation. If you are incorporated you will be covered as an employee of the corporation unless you specifically opt out.
There are two kinds of benefits provided under workers’ compensation. The first replaces some or all of your injured employee’s pre-injury wage. The second provides medical and vocational rehabilitation to your employee.
There are many loss reduction steps employers can take to minimize losses and the cost of workers’ compensation. If this is a costly business item for you, Leonard Agency can advise you on risk reduction and loss prevention strategies.
This is not intended to be a complete description of coverage. Leonard Insurance can provide you with the coverage which suits you.