Protection for your employees and company.
Most all businesses in the United States, with some important exceptions, are required to protect their employees from injuries sustained while on the job through worker’s compensation insurance. Although this important obligation by the employer provides benefits such as reimbursement for lost wages, medical expenses and death benefits in the event of a work place incident, it also provides key protection for the company as well.
In most states and situations, workers’ compensation insurances provides financial protection and benefits for employees and their families, however in exchange for this protection against the financial hardships brought on by injuries sustained on the job, employees usually forfeit their right to sue the employer for further damages.
Stewart, Brimner, Peters & Co. insurance professionals are uniquely qualified to explain and plan for the many state-by-state laws and regulations involved in fulfilling your state mandated workers’ compensation insurance requirements. As an independent insurance agent, SBP is not obligated to just one insurance company and can work on your behalf to find the lowest rates through many of the most respected insurance companies in the industry.
Some insurance companies provide up to a 10% discount on your workers’ compensation premium by fulfilling some or all of the following criteria:
- Membership and involvement in large trade associations that provide safety education and training
- Implementing a safety program approved by your state government
- Providing a drug-free work environment through drug testing and educational programs
- A clean history from workers’ compensation claims