The importance of carrying workers compensation insurance

Having workers’ compensation insurance from Goshen Group Inc. is essential for businesses of all sizes here in the Glen Carbon, IL area.

Why This Vital Coverage?

It provides financial security for businesses and their employees in the event of an employee becoming incapacitated or injured due to an on-the-job accident or illness. Without this type of coverage, businesses would be liable for the medical costs associated with workplace accidents and illnesses, which can be a significant expense. 

Moreover, employers who do not have workers’ compensation insurance could face legal action from their employees if they are unable to cover the costs of treatment or lost wages due to a workplace injury or illness. In addition, some states require employers to carry workers’ compensation insurance in order to operate legally. 

By carrying workers’ compensation insurance, employers can ensure that their employees receive the medical care and financial support they need in the event of an accident or illness related to their employment. This coverage also gives employers peace of mind in knowing that they are protecting themselves from expensive claims resulting from workplace injuries and illnesses. 

Workers’ compensation insurance is vital for both businesses and their employees. It helps protect businesses by covering the costs associated with workplace accidents and illnesses while ensuring that employees receive proper medical care and financial assistance if needed. As such, it is important for businesses of all sizes to have this type of coverage in place.

Reach Out To Us

For more information or to find a policy that will protect your business and your employees, give us at Goshen Group Inc. a call today. We are proud to serve the Glen Carbon, IL area and would be happy to help you find a policy that meets your needs and your budget.