Essential information about Workers Comp. http://hminsurance.net

1. Workers Comp Essential

2. Workers’ compensation insurance, usually
called workers’ or workmen’s comp, is a form
of insurance designed to provide compensation
to workers who have been injured while on the
job. It covers medical and rehabilitation costs
and lost wages for employees injured at work;

3. It started in the 1800's in Germany and spread
throughout the United States in the 1930's and
1940's. Workers’ comp insurance is typically
associated historically with labor or professional
unions, and is often the result of coordinated
campaigns to obtain the coverage for the union
members. Proponents of workers’ comp cite
improved working conditions, economic support for
employees, and the safety net provided by the
insurance. Workers compensation provides workers
with the knowledge that on the job injuries are taken
care of without the need to sue their employers.
Workers compensation's sole purpose is to cover the
medical expenses accumulated by the injury, as well
as financially support of the employee while they are
recovering.

4. Workers compensation is mandatory in most
regions through the United States. Workers
compensation is mandated by the state in which
you conduct business. Work comp coverage is a
state specific regulated coverage. The rules and
regulations as to how workers compensation
coverage will apply to your business are
controlled by a regulatory authority in your
specific state.

5. Workers’ comp insurance only pays for
accidents and injuries that are work-related.
Workers compensation does not just cover
medical costs; it also provides income
replacement for the injured worker due to an
on the job injury or accident. Depending on the
state of jurisdiction, the employee might get up
to 2/3 of his or her usual wages, until they are
able to return to work. It may also pay damages
to a worker's family if the worker is unable to
return to work.

6. An injured employee may be able to sue and
still receive workers compensation benefits:
• Product Liability - When a worker is injured by using
defective or dangerous equipment, or because of poor
instructions, warnings or training about the operation
of the equipment
• A Third Party on Employer's Premises - Sometimes a
third party, another company, will be working on the
employer premises and commits an act that causes an
injury to an employee. If the injury is caused directly by
another person, who has no employment relationship
with the injured worker's employer, it may be possible
to pursue separate legal action against that person and
his employer.

7. • If Injury Occurs On Another's Premises - When a
worker performs his job duties away from his
employer's premises, and suffers an injury caused
by someone at the remote jobsite.
• Intentional Torts - If an employer actually intends
to harm the worker, then the exclusive remedy
provision of workers' compensation law will not
apply. Because of the very specific rules around
this situation, this action is seldom used to bring
legal action against the employer.
• Construction Risks - A very common third party
claim situation can be found within the context of
construction risks.

8. If you are a business owner, consider what
would happen if one of your employees must
miss work for an extended period of time after
falling and injuring herself on the job. There's no
need to worry about paying for medical bills,
therapy or other health care needs for this
employee. Workers' compensation insurance
can protect your business from lawsuits.
Without the right coverage, an injured worker
might sue your business.

9. Visit H&M Insurance for best variety of
coverage options available to you
http://www.hminsurance.net