Workers Comp Insurance for Small Business

Bonano Insurance28 Nov, 2023Legal

Workers comp insurance, or workers' compensation insurance, is a type of insurance coverage that offers benefits to employees who sustain injuries or illnesses as a result of their jobs. Workers comp Insurance for Small Businesses is a legal requirement in most states and is typically funded by employers it's designed to cover medical costs, lost wages, and even death benefits in the event of a workplace accident or illness. If your business is known to take care of its employees, it can attract top talent and earn the trust of customers on the other hand, a business that neglects the welfare of its employees can suffer a tarnished reputation, resulting in a loss of business.