What is Worker’s Compensation Insurance Policy for Santa Monica, California Residents?
Injuries are inevitable to happen, especially on workplaces and when these unfortunate events happen, it can be costly. On top of this, employees affected may be incapacitated to work over a period of time or even permanently. If an employee is killed on the job, their dependents lose their wages and other benefits to the family for the rest of their lives.
This is why nearly every state in the United States requires employers to carry out a Worker’s Compensation Insurance. This type of insurance covers medical-related expenses sustained from injuries happening within the workplace premises.
To be more specific, these are the entitlements bound by the worker’s compensation insurance:
- Medical coverage: Health visits, hospitalization, prescription drugs, physical therapy, and other medical treatments are all covered.
- Disabilities: When employees are unable to work due to an on-the-job accident, policies include a partial replacement of lost wages. If the disability is temporary or permanent, partial or complete, determines the number and length of benefits.
- Rehabilitation: Jobs who are unable to return to their previous career will now acquire a new ability based on their existing skills.
- Death benefits: The spouse and minor children of a worker killed on the job are entitled to benefits.
State Laws
Each state has their own distinct laws and regulations. Except in Texas, all states require companies of more than a few employees to provide workers' compensation insurance. The premium amounts and benefits depend on the location and nature of the business.
As of the moment, Alaska holds the highest average premiums in the country as they are prominent in the lumberjack business which is known to be a high-risk occupation. Under each state, there are different agencies that carry out worker’s compensation policies. It may be state-led agencies, private insurance companies, or the state itself.
In California, every person and apprentice working for an employer must be covered by a worker’s compensation insurance. It must be in legal writing and oral agreements. It also includes employees who are working legally or illegally. While children and partners are not required to have insurance in California.
What type of injuries fall under the Worker’s Compensation?
For instance, if an employee gets injured while performing regular job responsibilities, worker’s compensation may help. The insurance also covers illnesses like getting sick from chemicals inhaled at work.
Records stated that about 30% of worker’s compensation cases are sprains and strains caused by lifting heavily. Employees experiencing this type of injury takes about 12 days before they can go back to work.
On the other hand, the insurance does not cover the following injury or illness:
- Involved in a fight caused by the employee
- The occurrence is intentionally caused by employee
- When the employee is intoxicated
- When the effect if emotional and with no physical trauma
- When the occurrence happened during the employee’s travel
But this is subject to the state laws that your area follows. It is best to consult with your insurance company. Logos Insurance Services offer an all-inclusive insurance brokerage firm for all your concerns.
At Logos Insurance Services, we specialize in assisting you in locating the best insurance coverage for your specific needs are now serving Santa Monica, California Residents. We continuously assess the company's or business's needs and find tailored insurance solutions to meet them while providing exceptional customer support to ensure a smooth and hassle-free experience. Contact us right away to assess the business risks and determine how to protect yourself best. You can also call us on our hotline (818) 860-4400 for more details.