Commercial
Workers’ Compensation Insurance
Protect your employees and your business from workplace injuries.
Commercial
Work Comp Designed For Your Business
Workers’ compensation insurance will pay for medical expenses, rehabilitation expenses, survivor benefits, and lost wages in the event of a workplace injury that prevents your employee from performing their job functions.
In addition to the state mandated coverage requirements, Diebold risk advisors will help your business implement safety programs and return to work programs to help control your costs.
Premium is driven by payroll and will require an annual aduit. These can be a headache for business owners. Our team will help make sure these audits go as smooth as possible and will be there to support you every step of the way.
Is it required?
If you have employees, or are responsible for a contractor, then workers compensation is required. Whether or not you are responsible for an employee or contractor can be determined by a number of factors.
If your company or organization controls what the worker does and how they do their job, they are considered an employee you are responsible for.
If your company controls how they’re paid, whether expenses are reimbursed, and who provides tools and supplies, they would be considered an employee you are responsible for.
Do you have a written contract, and do you offer employee-type benefits to them? Will they continue to work for you? Is the individual’s work essential to your business?
Diebold’s risk advisors will help you determine what payroll you are responsible for.
What’s covered
Workers’ compensation insurance covers employees for injuries and illnesses sustained during employment:
- Medical bills
- Lost wages
- Rehabilitation and recovery costs
- Funeral costs and survivor benefits
Workers’ compensation insurance also covers an employer’s legal defense fees and settlements/judgments, should an injured employee sue for negligence.
Workers’ compensation insurance does not cover every workplace injury. Coverage may be denied if any of the following apply to the injury:
- Originated outside the workplace
- Resulted from a workplace fight
- Related to a felony
- Claimed after an employee is terminated or laid off
- Caused while the employee was under the influence of alcohol or drugs
We Can Help
Protect
what's important.
Get started today with a Diebold Risk Advisor and experience the difference.Â