Workers-compensation Sentence Examples
Every business that has one or more employees must carry workers compensation insurance coverage.
If workers experience on-the-job or work related injuries, workers compensation coverage takes care of the resulting expenses.
Sheffield workers compensation insurance has provided risk management services and workers compensation coverage to businesses since 1993.
Annual membership dues for this organization cost $180.00 per year, and workers compensation coverage can be canceled if SAFE dues go delinquent.
Sheffield workers compensation insurance is an example of commercial insurance coverage.
This option works for employers in a low-risk industries, without a history of many workers compensation claims.
The Assigned Risk Pool, provided by the National Council on Compensation Insurance, is for employers who have a history of numerous workers compensation claims or operate in a medium or high-risk field.
Groups of employers can pool their workers compensation coverage contributions into a group self-insurance fund.
However, one serious disadvantage of the group self-insurance fund is that if the fund is not sufficient to cover benefits for workers compensation claims, then the individual employer is responsible for making up the difference in cost.
This type of workers compensation coverage can be especially pricey since it requires the employer to directly pay lifetime benefits for any workers compensation claim.
AdvertisementSheffield workers compensation insurance is one option for employers, but not the only one.
Alabama workers compensation law offers four options for Alabama employers.