Workers’ compensation insurance—commonly called workers’ comp—is an often-mandatory type of insurance that protects both your employees and your company if an employee experiences an injury or disease while at work. Having a workers’ comp policy protects small-business owners if unexpected accidents happen, like:
• Strains
• Trips and falls
• Unsafe working conditions
• Accidental death
Workers’ compensation insurance helps pay for all the bills related to a workrelated injury, including medical care and lost wages. In return, you’re protected as a business owner if other issues come up.
