Workman's Compensation Insurance

Workers’ Compensation Insurance is a critical protection for both employers and employees. It provides benefits to employees who are injured or become ill as a direct result of their job—often referred to as injuries or illnesses that occur “in the course and scope” of employment.

A workers’ compensation policy can help:

• Cover medical expenses
  Pays for necessary medical treatment related to a work injury or occupational illness, such as doctor visits, hospital care, surgery, medication, physical therapy, and other approved treatments.
• Replace a portion of lost wages
  If an employee is unable to work while they recover, workers’ compensation can provide wage replacement benefits, helping them maintain some income during their time away from work.
• Support rehabilitation and return to work
  May cover rehabilitation services, like physical or occupational therapy, and vocational training if an employee needs help returning to their previous job or transitioning to a new role due to their injury.
• Provide death benefits
  If an employee dies as a result of a work-related injury or illness, workers’ compensation can provide death benefits to eligible family members, helping with funeral expenses and ongoing financial support.

In many states, workers’ compensation coverage is required by law once you have employees, and failing to carry it can lead to penalties, lawsuits, and personal financial exposure for the business owner.

At Live Oak Insurance & Financial, we help business owners understand their obligations, evaluate their risk, and obtain workers’ compensation coverage that meets state requirements while supporting the well-being of their employees. We can also assist with coordinating coverage as your workforce grows or your operations change.

Erie Insurance has been providing the protection you need and the service you expect, all at a great price. See why more than 90% of customers stay with Erie Insurance year after year.