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Understanding the Two Primary Benefits of Workers’ Compensation for Employers

AMAXX

Exclusivity: Protection Against Lawsuits One of the most significant benefits of workers compensation for employers is the exclusive remedy provision. Under this system, employees who accept workers compensation benefits for a work-related injury or illness forfeit the right to sue their employer for negligence.

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Increase Your Commissions by Selling Disability Insurance

Word & Brown

Some insurers offer Short-Term Disability (STD) coverage. Others offer Long-Term Disability (LTD) insurance. Shorter-term protection typically pays between 40% and 70% of a persons base salary for three to six months. Disabilities that could last longer than a year may be covered by LTD insurance. Some offer both.

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Drive Sales Growth and Increase Client Satisfaction With Workers’ Comp

Word & Brown

All businesses with workers in California and Nevada are required to have Workers Compensation Insurance. But do you know that Word & Browns partnership with CompNet Insurance Solutions makes it easy for you to offer Workers Comp coverage? What Is Workers Comp? Nevada followed in 1913.

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Blog Post: Frequently Asked Questions on Complex Employment Issues for California Workers’ Compensation

LexisNexis

If the PEO’s insurance company is paying benefits, there is no need to join the servicing agent or special employer. If a PEO or employee leasing company claims to be self-insured, investigate that claim. The subcontractor does not have a contractor’s license nor workers’ compensation insurance.

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What is P&C Insurance? How Can You Get into P&C?

Word & Brown

P&C stands for “Property and Casualty” P&C insurance includes policies covering property and casualty risks like auto, homeowners, and commercial insurance, including Workers Compensation coverage. Your client relationships are secure and 100% protected.

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Blog Post: Workers’ Compensation Emerging Issues Analysis: The Changing Workforce and Workplace

LexisNexis

The rise of the gig economy and non-traditional employment continues unabated, presenting unique challenges to our existing labor laws and workers’ compensation systems. The piece also touches on legislative efforts to address these issues and the challenges in creating protections for workers in evolving employment landscapes. §