Accidents can occur in any workplace, causing expense and suffering for both the employer and the injured employee. Accordingly, Massachusetts’s law requires employers to purchase workers compensation insurance to cover these situations.
Workers comp requirements can be complex, though, so let O’Connor & Co. Insurance Agency’s specialists help you negotiate the options and customize a workers compensation policy for your business. Workers compensation insurance works to protect both the employees and the employer. If a worker is injured on the job, a proper policy will cover ensuing costs for the employee, including medical expenses, rehabilitation costs, and lost income. Meanwhile, workers comp insurance will help protect an employer against a damaging lawsuit in the event of an employee accident.
With very limited exceptions, Massachusetts requires all employers to hold adequate workers compensation coverage for their employees. Relatives working for a family business must be covered as well as the owner of a business if the owner is an employee. Independent contractors are not required to have workers compensation coverage, but employers must take great care to ensure that legitimate employees are not misclassified as independent contractors or face stiff penalties.
Whether your business is located in Dudley, Webster, or elsewhere in Massachusetts, an O’Connor & Co. Insurance agent can help you design an appropriate workers compensation insurance policy to protect your business and your employees from workplace hazards.