Workers’ compensation insurance from Acme Insurance Brokerage can be a beneficial form of protection for employers and employees in the Amityville, NY area. This type of insurance provides financial coverage for medical expenses, lost wages, rehabilitation costs, and death benefits when an employee is injured or becomes ill due to their job.
For employers, workers’ compensation insurance helps cover the costs of any potential lawsuits that may arise from an employee’s work-related injury or illness. This type of insurance also helps protect businesses from costly legal fees and other related expenses that can come with such a lawsuit. Additionally, it reduces the financial risks associated with hiring and retaining employees by providing a protective barrier between employers and their workers.
On the other hand, employees benefit greatly from having their employer carry workers’ compensation insurance. If injured due to an accident at work, they will have access to medical care without worrying about who will foot the bill. This type of insurance also provides wage replacement should they need time off to recover from injuries or illnesses.
Overall, workers’ compensation insurance is an excellent way for employers and employees to protect themselves financially in case of an unexpected workplace accident or injury. For more information, or if you want to sleep better at night knowing that your employees and your business are protected, call us at Acme Insurance Brokerage today. We are proud to serve the Amityville, NY area and would be happy to help you find a policy that meets your needs and budget.