Workers compensation insurance is mandatory in all states nationwide. You may have heard it called ‘workers comp’ for short. It’s insurance that will provide for medical care for an employee should they get hurt on the job. This also protects the employer from being sued by the employee.

It’s not limited to just injuries sustained while on the work premises. It may cover employees who are en route to another destination, but on company business and meet with an accident. It can also cover things like illnesses. And most states require a company to have it by law.

Time lost on the job can be devastating for a family. Through this insurance, the injured party and their family can be compensated and sustain their current lifestyle. This insurance doesn’t consider blame, or who is at fault for the injury, but deals with getting treatment and protecting liabilities.

A workers comp package must be bought apart from other insurances. Many businesses carry the BOPs, or ‘business owners policy’, but that doesn’t deal with injured workers. The company must purchase their workers compensation insurance ‘outside’ of the others.

It was at the beginning of the 20th century that workers compensation arose. Public outrage at bad working conditions, and the devastation and loss due to injury on these jobs, brought it to be. Americans stood up and got the laws passed protecting the individual worker in the event of any injury suffered while on the job.

Both social security insurance and unemployment insurance are younger than workers compensation insurance. In 1910, California first put it into effect, and most off other states followed suit. This type of ‘no-fault’ insurance protected both employer and employee from harm and damages.

The benefits of workers compensation insurance is more than one might think. There are services that can be had for whatever type of injury that is incurred. There’s vocational rehabilitation services, permanent disability benefits, temporary disability, and many more supportive services that are covered through workers comp.

Any worker who gets injured on the job has a right to treatment. Workers comp will see that they get it. From hospitalization right down to physician care, it’s designed to care for the employee in whatever way is reasonable for alleviating the pain and circumstances. An employer must act within 30 days for arranging treatment.

When looking under Part One of the workers comp policy, you’ll find an agreement by the company to cover all compensation in a prompt manner. The payments are actually ‘imposed’ upon the employer by law. The law in question is ‘Workers Compensation Law’, and if not through that, then it’s done by the laws of the state listed on the policy.

Employers must purchase Workers Compensation insurance from a licensed insurance company. If not, then they must go through the State Compensation Insurance Fund, or the (SCIF). Sometimes a business may take advantage of a commercial broker-agent in order to get assistance with purchasing workers compensation insurance, and with information concerning the SCIF.

Workers Compensation insurance is a law, and a right. Anytime you choose to take a job, you should know whether or not that employer has workers compensation insurance or not. If not, you will have to work there at your own risk. It really doesn’t pay to do this, because accidents happen, and if it happens to you without workers comp, it can be a devastating experience.